Marathon Petroleum 3Q Profit Falls After Revenue Declined - News Summed Up

Marathon Petroleum 3Q Profit Falls After Revenue Declined


By Jeffrey T. LewisMarathon Petroleum's profit fell in the third quarter from a year earlier after the oil refiner's revenue declined. The Findley, Ohio-based oil company reported net income of $3.3 billion, compared with $4.5 billion in the same period a year earlier. Earnings per share reached $8.28 from $9.06, and adjusted earnings per share rose to $8.14 from $7.81.


Source: Wall Street Journal October 31, 2023 13:02 UTC



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