Compared to Estimates, Marathon Petroleum (MPC) Q4 Earnings: A Look at Key Metrics

Financial Performance - Marathon Petroleum reported $33.47 billion in revenue for the quarter ended December 2024, reflecting a year-over-year decline of 9.1% [1] - The EPS for the same period was $0.77, down from $3.98 a year ago, but exceeded the consensus EPS estimate of $0.06, resulting in an EPS surprise of +1183.33% [1] - The reported revenue surpassed the Zacks Consensus Estimate of $30.72 billion, indicating a surprise of +8.93% [1] Key Metrics - Net refinery throughput was 2,997 million barrels of oil per day, exceeding the four-analyst average estimate of 2,915.01 million barrels [4] - Crude oil refined was 2,783 million barrels of oil per day, above the three-analyst average estimate of 2,655.02 million barrels [4] - Adjusted EBITDA for Refining & Marketing was $559 million, significantly higher than the average estimate of $188.32 million [4] - Adjusted EBITDA for Midstream was $1.71 billion, slightly above the average estimate of $1.67 billion [4] Stock Performance - Shares of Marathon Petroleum have returned +4.6% over the past month, outperforming the Zacks S&P 500 composite's +1% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]