Marathon Petroleum (MPC.US) Q3 profit nearly quintuples year-over-year, sells two refineries to Icahn for $4.2 billion.

date
03/11/2026
Zhitong Finance APP has learned that on November 3 before the U.S. stock market opened, Marathon Petroleum (MPC.US), the largest independent refiner in the United States, announced its third-quarter 2026 results. The financial report shows that the company's total revenue and other income were $56.487 billion, of which sales and operating revenue were $56.032 billion, an increase of about 61% year over year, significantly exceeding the market expectation of about $43.81 billion; diluted earnings per share were $26.59, and adjusted earnings per share were $26.93, compared with $4.51 in the same period last year, also higher than the market expectation of about $25.59 to $26.00.