Stocks · News reference
Marathon Petroleum Reports Q3 2026 Financial Results and Announces $5 Billion Share Repurchase Authorization
Marathon Petroleum Corporation reported significant year-over-year growth in Q3 2026 net income and announced that its board of directors approved an additional $5 billion share repurchase authorization.
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- fiscal.ai
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
Marathon Petroleum Sees Resilient Gasoline, Diesel And Jet Demand Globally
Marathon Petroleum Expects Record Heavy Canadian Crude Processing In Q4
Marathon Petroleum Refining Margin Jumps 160%: Rapid Earnings Reaction
Marathon Petroleum reported third-quarter net income of $7.4 billion with adjusted EPS of $26.93, up dramatically from $3.01 a year ago, driven primarily by higher refining margins rather than increased volume or lower costs. The company provided no fourth-quarter margin outlook and expects lower throughput, suggesting the exceptional margins may not persist. While the company is returning cash rapidly, profits are heavily dependent on wide refining margins remaining stable.
Marathon Petroleum Raises Dividend 10% and Approves $5 Billion Buyback
Marathon Petroleum reported third-quarter adjusted EPS of $26.93, beating estimates of $24.32, while revenue reached $56.49 billion and adjusted EBITDA climbed to $11.7 billion.
8-K filing — Marathon Petroleum Corp (MPC)
Filed: 2026-11-03 AccNo: 0001510295-26-000069 Size: 854 KB Item 2.02: Results of Operations and Financial Condition Item 9.01: Financial Statements and Exhibits