We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Marathon Petroleum (MPC) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
Read MoreHide Full Article
Marathon Petroleum (MPC - Free Report) reported $52.34 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 53.5%. EPS of $17.73 for the same period compares to $3.96 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $34.83 billion, representing a surprise of +50.26%. The company delivered an EPS surprise of +22.11%, with the consensus EPS estimate being $14.52.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Marathon Petroleum performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Refining & Marketing margin: $36.33 compared to the $32.86 average estimate based on four analysts.
Refining & Marketing margin - Mid-Continent: $33.68 versus $34.75 estimated by four analysts on average.
Refining & Marketing margin - West Coast: $41.28 versus the four-analyst average estimate of $34.36.
Refining & Marketing - Refinery throughputs - Net refinery throughput: 2944 millions of barrels of oil versus 2987.38 millions of barrels of oil estimated by four analysts on average.
Refining & Marketing margin - Gulf Coast: $36.52 versus $30.93 estimated by four analysts on average.
Refinery throughputs - Mid-Continent - Crude oil refined: 1,030.00 Mbpd versus 1,037.88 Mbpd estimated by three analysts on average.
Refinery throughputs - West Coast - Gross refinery throughputs: 553.00 Mbpd versus 566.61 Mbpd estimated by three analysts on average.
Refinery throughputs - West Coast - Other charge and blendstocks: 38.00 Mbpd versus the three-analyst average estimate of 33.33 Mbpd.
Refinery throughputs - West Coast - Crude oil refined: 515.00 Mbpd versus the three-analyst average estimate of 533.28 Mbpd.
Refined product yields - Mid-Continent - Total: 1,102.00 Mbpd compared to the 1,112.18 Mbpd average estimate based on three analysts.
Refined product yields - Gulf Coast - Total: 1,443.00 Mbpd compared to the 1,408.08 Mbpd average estimate based on three analysts.
Refining & Marketing - Refinery throughputs - Crude oil refined: 2798 millions of barrels of oil versus 2811.51 millions of barrels of oil estimated by three analysts on average.
Shares of Marathon Petroleum have returned +17.4% over the past month versus the Zacks S&P 500 composite's +3.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
View the Zacks #1 Rank List
Image: Bigstock
Marathon Petroleum (MPC) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
Marathon Petroleum (MPC - Free Report) reported $52.34 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 53.5%. EPS of $17.73 for the same period compares to $3.96 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $34.83 billion, representing a surprise of +50.26%. The company delivered an EPS surprise of +22.11%, with the consensus EPS estimate being $14.52.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Marathon Petroleum performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for Marathon Petroleum here>>>
Shares of Marathon Petroleum have returned +17.4% over the past month versus the Zacks S&P 500 composite's +3.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.