Marathon Petroleum reported second quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $1.73 on revenue of $33.69B. Analysts polled by forecast EPS of $1.33 on revenue of $33.34B. That compared to EPS of $2.27 on revenue of $22.45B in the same period a year earlier. The company had reported EPS of $-0.09 on revenue of $28.62B in the previous quarter.
Marathon Petroleum follows other major Energy sector earnings this month
On Thursday, Royal Dutch Shell ADR reported second quarter EPS of $0.43 on revenue of $90.54B, compared to forecasts of EPS of $1.21 on revenue of $86.7B.
Total ADR earnings missed analysts' expectations on July 25, with second quarter EPS of $1.05 on revenue of $45.2B. analysts expected EPS of $1.12 on revenue of $46.95B
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