Marathon Petroleum Q1 2021 Earnings Report
Key Takeaways
Marathon Petroleum Corp. reported a net loss of $242 million, or $(0.37) per diluted share, for the first quarter of 2021. Adjusted net loss was $132 million, or $(0.20) per diluted share. Adjusted EBITDA was $1.6 billion, driven by refining margin recovery and stability of midstream business.
Reported first-quarter loss of $242 million, or $(0.37) per diluted share, which includes pre-tax charges of $70 million; reported adjusted loss of $132 million, or $(0.20) per diluted share.
Reported adjusted EBITDA of $1.6 billion, driven by refining margin recovery, stability of midstream business, and continued focus to lower the overall cost structure.
Progressing renewables portfolio with final investment decision for Martinez conversion.
$21 billion Speedway sale close to completion.
Marathon Petroleum
Marathon Petroleum
Marathon Petroleum Revenue by Segment
Marathon Petroleum Revenue by Geographic Location
Forward Guidance
Second Quarter 2021 Outlook
Revenue & Expenses
Visualization of income flow from segment revenue to net income