tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Marathon Petroleum reports Q3 adjusted EPS $8.14, consensus $7.78

Reports Q3 revenue $41.58B, consensus $40.05B. “Our third quarter results reflect our commitment to growing shareholder value,” said president and CEO Michael Hennigan. “The business generated $5 billion of net cash provided by operating activities and we returned $3.1 billion through share repurchases and dividends during the quarter. Demonstrating our commitment to return capital, we increased our quarterly dividend by 10% and increased our share repurchase authorization by $5 billion.”

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See Insiders’ Hot Stocks on TipRanks >>

Read More on MPC:

Disclaimer & DisclosureReport an Issue

1