• fourth-quarter earnings
• Marathon Petroleum
• petroleum products
• profit estimates
• refining margins

Marathon Petroleum Beats Fourth-Quarter Profit Estimates

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  Writer / 7 months
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• 1 min read

Marathon Petroleum Corporation has reported fourth-quarter earnings that surpassed analyst estimates, driven by strong refining margins and increased demand for petroleum products. The company posted a net income of 1.2billion,or1.2billion,or2.50 per share, compared to the expected 1.1billion,or1.1billion,or2.30 per share. The strong performance is attributed to higher refining throughput and improved operational efficiency. “Our focus on optimizing operations […]