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Marathon Petroleum announced earnings per share of $-1 on revenue of $17.55B. Analysts polled by Investing.com anticipated EPS of $-1.56 on revenue of $21.71B.
Marathon Petroleum shares are down 51.04% from the beginning of the year, still down 57.08% from its 52 week high of $68.73 set on November 5, 2019. They are under-performing the S&P 500 which is up 1.21% from the start of the year.
Marathon Petroleum’s report follows an earnings beat by Exxon Mobil on Friday, who reported EPS of $-0.18 on revenue of $46.2B, compared to forecasts EPS of $-0.26 on revenue of $45.37B.
Chevron had beat expectations on Friday with third quarter EPS of $0.11 on revenue of $24.45B, compared to forecast for EPS of $-0.26 on revenue of $25.84B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
