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

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.”

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