— Marathon Petroleum Corp. (NYSE: MPC) reported GAAP earnings of $0.68 per share in the fourth-quarter 2019, which included a pre-tax charge of $1.2 billion primarily related to a midstream goodwill impairment related to MPLX LP.
— On an adjusted basis, Q4 earnings came in at $1.56 per share vs. $0.86 per share expected.
— Total revenue fell 3.4 % to $31.4 billion, vs. $33.88 billion expected.
— Marathon realized $420 million of synergies in the fourth quarter.
— MPC shares rose 1% immediately following the announcement.
Most Popular
Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO
Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
