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.
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CVR Energy reported its third-quarter 2026 financial results, showing growth in adjusted earnings and revenue.
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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.
Filed: 2026-11-03 AccNo: 0001193125-26-444445 Size: 1 MB Item 8.01: Other Events Item 9.01: Financial Statements and Exhibits
CVR Energy, Inc. has entered into a definitive agreement to purchase two refineries and related midstream assets from Marathon Petroleum and MPLX LP for a total purchase price of $4.2 billion.
CVR Energy, Inc. has rescheduled its third quarter 2026 earnings conference call to Tuesday, November 3, 2026, at 10:00 a.m. Eastern time.
CVR Energy is expected to report Q3 2026 earnings of $3.09 per share, representing a 672.5% year-over-year increase, with revenues projected at $2.18 billion, up 12.1%. However, with an Earnings ESP of 0% and a Zacks Rank #1, the stock is not considered a compelling earnings-beat candidate despite the company's strong historical track record of beating estimates in 3 of the last 4 quarters.
CVR Energy, HF Sinclair and Phillips 66 show overbought momentum signals, with RSI readings of 81.2, 80.4 and 77.2.