Marathon Petroleum Q2 Earnings Surge As Fuel Demand And Margins Spike ...Middle East

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Marathon Petroleum Q2 Earnings Surge As Fuel Demand And Margins Spike
source : OILPRICE ( Middle East ) () 24
Marathon Petroleum Corp. (NYSE: MPC) saw its second-quarter adjusted earnings surge to beat expectations as fuel demand jumped and refining margins soared between April and June. On Tuesday, Marathon Petroleum reported adjusted net income of $5.7 billion, or $10.61 per diluted share, for the second quarter of 2022. This compares to adjusted net income of $437 million, or $0.67 per diluted share, for the second quarter of 2021. The Q2 2022 earnings beat the analyst consensus of $8.92 EPS compiled by The Wall Street Journal.   Just after the…

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