BUZZ-Marathon Petroleum rises on Q4 profit beat
ReutersFeb 4, 2025 2:44 PM
Updates
Shares of top U.S. refiner Marathon Petroleum MPC.N rise 2.6% to $150.81 in early morning trading
Marathon reports adjusted Q4 EPS of 77 cents versus analysts' average estimate of 2 cents - data compiled by LSEG
Midstream segment posted adjusted core profit of $1.71 bln versus $1.57 bln a year earlier
However, refining and marketing margin fell to $12.93/bbl from $17.81/bbl in Q4 2023
MPC up ~8.1% YTD
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