Marathon Petroleum Raises Dividend 10% and Approves $5 Billion Buyback
Marathon Petroleum reported third-quarter adjusted EPS of $26.93, beating estimates of $24.32, while revenue reached $56.49 billion and adjusted EBITDA climbed to $11.7 billion.
Marathon Petroleum made more money than people expected this quarter. The company is giving more cash back to shareholders through higher dividends and stock buybacks.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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