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Marathon Petroleum first-quarter profit beats estimates on refining margin boost

ReutersMay 5, 2026 10:46 AM
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- Marathon Petroleum MPC.N on Tuesday beat Wall Street estimates for first-quarter profit, benefiting from stronger refining margins amid tighter global supply driven by the Middle East war.

The Findlay, Ohio-based refiner reported adjusted profit of $1.65 per share for the quarter ended March 31, beating analysts' average estimate of 75 cents per share, according to data compiled by LSEG.

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