Investing.com - Marathon Petroleum (NYSE:MPC) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Marathon Petroleum announced earnings per share of $7.81 on revenue of $47.24B. Analysts polled by Investing.com anticipated EPS of $6.66 on revenue of $36.25B.
Marathon Petroleum shares are up 77.56% from the beginning of the year and are trading at $113.62 , down-from-52-week-high.
Marathon Petroleum follows other major Energy sector earnings this month
Marathon Petroleum's report follows an earnings beat by Exxon Mobil on Friday, who reported EPS of $4.45 on revenue of $112.07B, compared to forecasts EPS of $3.67 on revenue of $107.24B.
Chevron had beat expectations on Friday with third quarter EPS of $5.66 on revenue of $66.64B, compared to forecast for EPS of $4.83 on revenue of $57.03B.
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