— Marathon Petroleum Corp. (NYSE: MPC) reported third-quarter 2019 earnings of $1.63 per share, vs. $1.38 per share expected.
— Total revenues and other income grew 35% to $31.2 billion, vs $34.4 billion expected. Realized $283 million of synergies in Q3.
— Will separate its Speedway business into an independent company. Will also evaluate alternatives to enhance value across the midstream business.
— MPC shares were up 1.5% immediately following the announcement.
Get access to timely and accurate verbatim transcripts that are published within hours of the event.
Most Popular
V Earnings: Key quarterly highlights from Visa’s Q1 2023 financial results
Visa Inc. (NYSE: V) reported first quarter 2023 earnings results today. Net revenues grew 12% year-over-year to $7.9 billion. GAAP net income rose 6% to $4.2 billion while EPS grew
Earnings: Highlights of Intel’s (INTC) Q4 2022 financial results
Intel Corporation (NASDAQ: INTC) Thursday reported a decline in adjusted earnings and revenues for the fourth quarter. The semiconductor giant also provided guidance for the first quarter of 2023. Fourth-quarter
McCormick (MKC) expects to drive sales growth in 2023 through pricing actions and cost savings
Shares of McCormick & Company Inc. (NYSE: MKC) were down over 5% on Thursday after the company missed expectations on its fourth quarter 2022 results and provided a lower-than-expected earnings