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Jun 30, 2021
Marathon Petroleum Q2 2021 Earnings Report
Reported net income and progressed strategic priorities.
Key Takeaways
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
Forward Guidance
Third Quarter 2021 Outlook
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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