Marathon Petroleum Corporation. (NYSE:MPC) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET Company Participants Kristina Kazarian - IR Maryann Mannen - CEO John Quaid - CFO Rick Hessling - Chief Commercial Officer Timothy Aydt - EVP, Refining David Heppner - Chief Strategy Officer & SVP, Business Development Conference Call Participants Neil Mehta - Goldman Sachs Douglas Leggate - Wolfe Research Manav Gupta - UBS Paul Cheng - Scotiabank Roger Read - Wells Fargo John Royall - JPMorgan Jason Gab ...

Table of Contents Securities registered pursuant to Section 12(b) of the Act Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $.01 MPC New York Stock Exchange UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SEC ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Marathon Petroleum (MPC) came out with quarterly earnings of $1.87 per share, beating the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $8.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 92.78%. A quarter ago, it was expected that this refiner would post earnings of $3.04 per share when it actually produced earnings of $4.12, delivering a surprise of 35.53%.Over the last four quarters, the compan ...

Exhibit 99.1 Marathon Petroleum Corp. Reports Third-Quarter 2024 Results • Third-quarter net income attributable to MPC of $622 million, or $1.87 per diluted share • $2.5 billion of adjusted EBITDA and $1.7 billion of net cash provided by operating activities • Executing Midstream growth anchored in the Permian and Marcellus; $1.6 billion segment adjusted EBITDA in the third quarter, up nearly 6% year-over-year • Annually MPC expects to receive distributions of $2.5 billion following MPLX's 12.5% quarterly ...

FINDLAY, Ohio, Oct. 30, 2024 /PRNewswire/ -- The board of directors of Marathon Petroleum Corp. (NYSE: MPC) has declared a dividend of $0.91 per share on common stock, an increase of 10% over its previous dividend of $0.825 per share. The dividend is payable Dec. 10, 2024, to shareholders of record as of the close of business Nov. 20, 2024.About Marathon Petroleum CorporationMPC is a leading, integrated, downstream energy company headquartered in Findlay, Ohio. The company operates the nation's largest refi ...

Marathon Petroleum Corporation (MPC) is set to release third-quarter results on Nov. 5. The current Zacks Consensus Estimate for the to-be-reported quarter is a profit of 97 cents per share on revenues of $31.6 billion. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. Let's delve into the factors that might have influenced the independent oil refiner and marketer's results in the September quarter. But it's worth taking a look at MPC's previous-quarter performance first. Highlights of ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Marathon Petroleum (MPC) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on Nove ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Marathon Petroleum (MPC) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Marathon Petroleum currently has ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about Marathon Petroleum (MPC) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Marathon Petroleum currently has an average brokerag ...