Marathon Petroleum Corporation (NYSE:MPC ) Q1 2025 Earnings Conference Call May 6, 2025 11:00 AM ET Company Participants Kristina Kazarian - Investor Relations Maryann Mannen - Chief Executive Officer John Quaid - Chief Financial Officer Rick Hessling - Chief Commercial Officer James Wilkins - Senior Vice President Health, Environment, Safety and Security Conference Call Participants Neil Mehta - Goldman Sachs Douglas Leggate - Wolfe Research Manav Gupta - UBS Paul Cheng - Scotiabank Theresa Chen - Barclays John Royall - JPMorgan Matthew Blair - TPH Jason Gabelman - TD Cowen Operator Welcome to the MPC First Quarter 2025 Earnings Call. My name is Amanda, and I will be your operator for today's call.
Marathon Petroleum (MPC) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of $0.63. This compares to earnings of $2.78 per share a year ago.
Marathon Petroleum swung to a first-quarter loss of of $74 million as refining profit margins fell sharply alongside oil and gasoline prices.
FINDLAY, Ohio , May 6, 2025 /PRNewswire/ -- First -quarter net loss attributable to MPC of $(74) million, or $(0.24) per diluted share mainly due to execution of second largest planned maintenance quarter in MPC history $2.0 billion of adjusted EBITDA, supported by the strength of the Midstream business Executing Natural Gas & NGL growth strategy with MPLX's agreement to acquire 100% ownership in BANGL, LLC and FID of the Traverse natural gas pipeline $1.3 billion of capital returned, inclusive of $1.1 billion of share repurchases Marathon Petroleum Corp. (NYSE: MPC) today reported net loss attributable to MPC of $(74) million, or $(0.24) per diluted share, for the first quarter of 2025, compared with net income attributable to MPC of $937 million, or $2.58 per diluted share, for the first quarter of 2024. The first quarter of 2025 adjusted earnings before interest, taxes, depreciation, and amortization (adjusted EBITDA) was $2.0 billion, compared with $3.3 billion for the first quarter of 2024.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Marathon Petroleum (MPC), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2025.
FINDLAY, Ohio , April 30, 2025 /PRNewswire/ -- The board of directors of Marathon Petroleum Corp. (NYSE: MPC) has declared a dividend of $0.91 per share on common stock. The dividend is payable June 10, 2025, to shareholders of record as of the close of business May 21, 2025.
Marathon Petroleum (MPC) closed at $138.31 in the latest trading session, marking a +0.53% move from the prior day.
Marathon Petroleum (MPC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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SILICON VALLEY, Calif., April 22, 2025 /PRNewswire/ -- Pegasus Tech Ventures, a global venture capital firm, will hold a Startup Pitch Contest during San Francisco Climate Week on April 23, 2025.
Over the past two weeks, the world has been shaken into a new paradigm as President Trump has rolled out an aggressive new plan for global trade through tariffs between the United States and its biggest trading partners.
The latest trading day saw Marathon Petroleum (MPC) settling at $123.43, representing a +1.56% change from its previous close.