Marathon Petroleum Corporation (MPC)
Marathon Petroleum Corporation (MPC) Q4 2024 Earnings Call Transcript
Marathon Petroleum Corporation (NYSE:MPC ) Q4 2024 Earnings Conference Call February 4, 2025 11:00 AM ET Company Participants Kristina Kazarian - IR Maryann Mannen - CEO John Quaid - CFO Rick Hessling - Chief Commercial Officer James Wilkins - Senior Vice President Health, Environment, Safety and Security David Heppner - Chief Strategy Officer & SVP, Business Development Timothy Aydt - EVP, Refining Conference Call Participants Neil Mehta - Goldman Sachs Douglas Leggate - Wolfe Research Manav Gupta - UBS Paul Cheng - Scotiabank Roger Read - Wells Fargo Jason Gabelman - TD Cowen John Royall - JP Morgan Theresa Chen - Barclays Matthew Blair - Tudor Pickering Holt Operator Welcome to the MPC Fourth Quarter 2024 Earnings Call. My name is Amanda and I will be your operator for today's call.
Marathon Petroleum: Further Upside Likely After A Better-Than-Feared Q4
Marathon Petroleum Corporation has faced challenges due to tighter crack spreads, but its MLP, MPLX, has performed well, contributing to a solid earnings report and supporting shares. MPC's refining operations are undervalued at 3.2x, 2024 EBITDA, with aggressive share repurchases also increasing the per-share value of its MPLX stake. Despite a tough refining environment, MPC's secure dividend and flexible buyback strategy offer a minimum 3% share count reduction and strong shareholder returns.
Compared to Estimates, Marathon Petroleum (MPC) Q4 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for Marathon Petroleum (MPC) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Marathon Petroleum: Q4 EPS, Revenue Fall
Oil refining specialist Marathon Petroleum (MPC) had a rough fourth quarter, according to its earnings report released on Tuesday, Feb. 4. Quarterly earnings per share (EPS) fell nearly 81% year over year to an adjusted EPS of $0.77.
Marathon Petroleum (MPC) Q4 Earnings and Revenues Beat Estimates
Marathon Petroleum (MPC) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $3.98 per share a year ago.
Marathon Petroleum (MPC) Stock Dips While Market Gains: Key Facts
Marathon Petroleum (MPC) closed at $149.96 in the latest trading session, marking a -0.94% move from the prior day.
What's in Store for Marathon Petroleum Stock in Q4 Earnings?
MPC's Refining & Marketing segment is expected to report a 12.6% drop in fourth-quarter revenues, due to weaker demand, declining crack spreads and rising operating costs.
Analysts Estimate Marathon Petroleum (MPC) to Report a Decline in Earnings: What to Look Out for
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.
Marathon Petroleum Corporation (MPC) is Attracting Investor Attention: Here is What You Should Know
Marathon Petroleum (MPC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Marathon Petroleum Corporation (MPC) Is a Trending Stock: Facts to Know Before Betting on It
Marathon Petroleum (MPC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Why Marathon Petroleum (MPC) is Poised to Beat Earnings Estimates Again
Marathon Petroleum (MPC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Marathon Petroleum (MPC) Stock Drops Despite Market Gains: Important Facts to Note
In the closing of the recent trading day, Marathon Petroleum (MPC) stood at $140.53, denoting a -1.55% change from the preceding trading day.
