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Marathon Petroleum's Retail and Midstream Assets Prop Up Earnings in Q2


Marathon Petroleum's Retail and Midstream Assets Prop Up Earnings in Q2

Marathon Petroleum (NYSE: MPC) is still in the middle of a major strategic review of its corporate structure. Management has communicated what it plans to do with its stake in master limited partnership MPLX (NYSE: MPLX), but there is still the issue of what it will do with its retail and fueling station business. 

For now, though, the company's second-quarter earnings reflected that these two nonrefining business segments are indeed valuable to the bottom line, as they helped offset another challenging quarter for refining. Here's a look at Marathon's most recent results.

Image source: Getty Images.

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Source: Fool.com

Marathon Petroleum Corp. Aktie

110,36 €
1,62 %
Marathon Petroleum Corp. kann heute Zuwächse vorweisen. Die Aktie notiert im Vergleich zu gestern um 1,62 % höher.

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