Investing.com - Marathon Petroleum (NYSE:MPC) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Marathon Petroleum announced earnings per share of $1.49 on revenue of $38.38B. Analysts polled by Investing.com anticipated EPS of $1.32 on revenue of $31.47B.
Marathon Petroleum shares are up 39.27% from the beginning of the year and are trading at $89.90 , down-from-52-week-high.They are outperforming the S&P 500 which is down 12.82% from the start of the year.
Marathon Petroleum shares gained 0.88% in pre-market trade the report.
Marathon Petroleum follows other major Energy sector earnings this month
Marathon Petroleum's report follows an earnings missed by Exxon Mobil on Friday, who reported EPS of $2.07 on revenue of $90.5B, compared to forecasts EPS of $2.23 on revenue of $82.84B.
Chevron had missed expectations on Friday with first quarter EPS of $3.36 on revenue of $54.37B, compared to forecast for EPS of $3.4 on revenue of $51.14B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar