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Marathon Petroleum reports Q1 EPS $6.09, consensus $5.74
The Fly

Marathon Petroleum reports Q1 EPS $6.09, consensus $5.74

Reports Q1 revenue $35.08B, consensus $35.51B. "Our first-quarter results reflect strong operational and commercial execution across the company," said President and CEO Michael Hennigan. "The business generated $4.1 billion of net cash provided by operating activities in the first quarter. We continue to enhance our portfolio, including the Galveston Bay STAR project, which successfully commenced operations in April and the Martinez Renewables facility, which continues to progress Phase II. We returned over $3.5 billion through share repurchases and dividends during the quarter."

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