Marathon Petroleum (MPC) Posts Q4 GAAP EPS of 35c

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Marathon Petroleum Corporation Reports Fourth-Quarter and Full-Year 2015 Results

February 3, 2016 6:40 AM EST

Reported fourth-quarter earnings of $187 million ($0.35 per diluted share), including a pretax charge of $370 million ($0.44 per diluted share) to value inventories at the lower of cost or market; full-year earnings of $2.85 billion ($5.26 per diluted share) Completed strategic combination between MPLX and MarkWest Returned $1.6 billion to shareholders in 2015, including $362 million in the fourth quarter

FINDLAY, Ohio, Feb. 3, 2016 - Marathon Petroleum Corporation (NYSE: MPC) today reported 2015 fourth-quarter earnings of $187 million, or $0.35 per diluted share,... More