Marathon Petroleum reports Q1 2026 results
Net income $511 million, adjusted $487 million. Cash from operations $1.1 billion. $1 billion capital returned; $5 billion share repurchase authorized.
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Integrated petroleum refining, midstream, retail, and renewable fuels company
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In short: Marathon Petroleum reported strong 2026 first-quarter earnings and expanded its share buyback program following a period of high refining margins.
Net income $511 million, adjusted $487 million. Cash from operations $1.1 billion. $1 billion capital returned; $5 billion share repurchase authorized.
The company leads in the 2026 Just Capital rankings.
Just Capital and CNBC name it the industry leader. Chief Business Transformation Officer Brian Partee highlights positive impact on employees, shareholders, and communities.
Q4 net income is $1.5 billion ($5.12/share); full-year $4.0 billion ($13.22/share). Cash from operations $8.3 billion supports $4.5 billion capital returns. 2026 capex outlook provided.
Wells Fargo analyst Sam Margolin reiterated a Buy rating on Marathon Petroleum on June 12 and set a price target of $344.00. The company's shares...
The combination of Marathon and Andeavor created the largest US refiner with facilities in the midcontinent, Gulf Coast, and West Coast. Management efforts since the...
Marathon Petroleum Corporation (NYSE:MPC) is one of the Best Bargain Stocks to Buy in June. On June 12, Morgan Stanley lifted its price objective on...
The higher oil price environment may extend well into 2028 as the world refills its depleted energy reserves, analysts warned.
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