Marathon Petroleum (MPC) Tops Q4 EPS by 70c
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Marathon Petroleum Corp. Reports Full-Year and Fourth-Quarter Results
January 29, 2020 6:30 AM ESTFINDLAY, Ohio, Jan. 29, 2020 /PRNewswire/ --
Reported full-year income of $2.6 billion and adjusted income of $3.3 billion Reported fourth-quarter income of $443 million, or $0.68 per diluted share; adjusted income of $1.0 billion, or $1.56 per diluted share Generated $2.4 billion of operating cash flow in the fourth quarter Executed across all business segments in the fourth quarter: $420 million of realized synergies, strong refining margin and utilization, solid retail margin capture, and continued progress across midstream projects