Marathon Petroleum Corp. reported a net income of $8.5 billion, or $13.00 per diluted share, for the second quarter of 2021. The company closed the Speedway sale, repurchased approximately $1 billion of shares, and is advancing renewable projects and lowering its cost structure.
Reported second-quarter income of $8.5 billion, or $13.00 per diluted share, which includes net pre-tax benefits of $11.6 billion; reported adjusted income of $437 million, or $0.67 per diluted share
Continued focus on advancing renewable projects and lowering cost structure
Closed Speedway sale; repurchased approximately $1 billion of shares and commencing next steps towards completing the remaining $9 billion return of capital
Published annual Sustainability and Climate Reports
Third Quarter 2021 Outlook