© Reuters. Marathon Petroleum Earnings, Revenue Beat in Q3
Investing.com – Marathon Petroleum (NYSE:) reported on Tuesday third quarter that beat analysts’ forecasts and revenue that topped expectations.
Marathon Petroleum announced earnings per share of $7.81 on revenue of $47.24B. Analysts polled by Investing.com anticipated EPS of $6.66 on revenue of $36.25B.
Marathon Petroleum shares are up 77.56% from the beginning of the year, still down 1.81% from its 52 week high of $115.72 set on October 27.
Marathon Petroleum follows other major Energy sector earnings this month
Marathon Petroleum’s report follows an earnings beat by Exxon Mobil on Friday, who reported EPS of $4.45 on revenue of $112.07B, compared to forecasts EPS of $3.67 on revenue of $107.24B.
Chevron had beat expectations on Friday with third quarter EPS of $5.66 on revenue of $66.64B, compared to forecast for EPS of $4.83 on revenue of $57.03B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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