(Oil Price) – Marathon Petroleum Corp (NYSE: MPC) beat the analyst consensus for its third-quarter earnings by a mile, despite the expected slump in profits due to plunging refining margins. All U.S. refiners were expected to report much lower profits for the third quarter compared to a year earlier, as refining margins slumped to multi-year lows amid tepid fuel demand and increased global
(Oil & Gas 360) Reported earnings of $4.5 billion; cash flow from operations of $9.7 billion Returned record $7.7 billion cash to shareholders Started up key U.S. Gulf of Mexico projects Optimizing portfolio with announced $6.5 billion sale of Canadian assets SAN RAMON, Calif., November 1, 2024–(BUSINESS WIRE)–Chevron Corporation (NYSE: CVX) reported earnings of $4.5 billion ($2.48 per share – diluted)
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