Marathon Petroleum (NYSE:MPC) reported quarterly earnings results on November 03, 2026 that exceeded analyst expectations.
At publication ·
Marathon Petroleum (NYSE:MPC) · earnings beat
At a glance
Marathon Petroleum (NYSE:MPC) reported quarterly earnings results on November 03, 2026 that exceeded analyst expectations.
The Energy company reported earnings per share of $26.93, beating the consensus estimate of $25.95 by $0.98 per share. Revenue came in at $56.5B, beating the estimate of $41.8B.
Marathon Petroleum's stock moved following the earnings release. The stock currently trades at $421.54 with a market capitalization of $56.2B.
Marathon Petroleum's earnings outperformance reflects execution that exceeded Wall Street's expectations. Earnings beats can lead to upward estimate revisions from analysts, which often correlate with sustained stock price appreciation over the following weeks as models are updated.
Earnings reports are most useful when viewed as part of a trend rather than in isolation. Investors tracking Marathon Petroleum should compare this quarter's results against both year-over-year figures and sequential performance to identify whether the business is accelerating, stabilizing, or decelerating. The earnings calendar on Smart Investors Daily tracks upcoming report dates across all publicly traded companies.
| Quarter | EPS Actual | EPS Est. | Surprise |
|---|---|---|---|
| Q3 (Nov 2026) | $26.93 | $25.95 | +3.8% |
| Q2 (Aug 2026) | $0.08 | $14.52 | -99.4% |
| Q2 (Aug 2026) | $17.73 | $12.31 | +44.0% |
| Q1 (May 2026) | $0.18 | $1.75 | -89.7% |
Related Tools: Earnings Calendar | View MPC Stock Page
Check the latest earnings dates on our MPC earnings page or the Earnings Calendar.
See the full Q3 results including EPS actual vs estimate on our MPC earnings page.
Current market data
NYSE · MPC
$427.34
Down: -$3.05 · -0.71%
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