Marathon Petroleum Corp

MPC: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Marathon Petroleum Earnings: Another Strong Performance With More Repurchases on the Way

Allen Good

Nov 5, 2024

Marathon Petroleum's third-quarter results far surpassed market expectations, even as adjusted earnings fell to $622 million from $3.2 billion the year before on weaker refining results. During the quarter, the company repurchased $2.7 billion in shares and announced a 10% dividend increase.

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Marathon Petroleum Corp

Marathon Petroleum Earnings: Another Strong Performance With More Repurchases on the Way

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