Marathon Petroleum earnings, Revenue beat in Q1

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Marathon Petroleum earnings, Revenue beat in Q1
Credit: © Reuters.

Investing.com - Marathon Petroleum (NYSE: MPC ) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Marathon Petroleum announced earnings per share of $-0.2 on revenue of $22.88B. Analysts polled by Investing.com anticipated EPS of $-0.7017 on revenue of $19.26B.

Marathon Petroleum shares are down 5% from the beginning of the year and are trading at $57.16 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 10.39% year to date.

Marathon Petroleum follows other major Energy sector earnings this month

Marathon Petroleum's report follows an earnings beat by Exxon Mobil on Friday, who reported EPS of $0.65 on revenue of $59.15B, compared to forecasts EPS of $0.5989 on revenue of $56.38B.

Chevron had beat expectations on Friday with first quarter EPS of $0.9 on revenue of $32.03B, compared to forecast for EPS of $0.8875 on revenue of $32.54B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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