Marathon Petroleum posts lower second-quarter profit-March 2024-www.financetom.com

Marathon Petroleum posts lower second-quarter profit

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Marathon Petroleum posts lower second-quarter profit

Aug 6, 2024 3:54 AM

Aug 6 (Reuters) - Top U.S. refiner Marathon Petroleum ( MPC )

posted lower second-quarter profit on Tuesday, as

refining margins weighed on earnings.

The company posted net income of $1.5 billion, or $4.33 per

share, for the three months ended June 30, compared to the $2.23

billion, or $5.32 per share, a year earlier.

Previous page： Kone in talks to acquire rival TK Elevator, Bloomberg News reports Next page： SportsMed Physical Therapy Opens Two Clinics in Connecticut, Expanding to 54 Clinics Across NJ and CT

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Kone in talks to acquire rival TK Elevator, Bloomberg News reports

Mar 16, 2026

March 16 (Reuters) - Finnish lift maker Kone Oyj ( KNYJF ) is in talks to buy TK Elevator, which has been preparing for an initial public offering, Bloomberg News reported on Monday, citing people familiar with the matter. TK Elevator's owners have been seeking a valuation of as much as 25 billion euros ($28.74 billion) including debt in any...

SportsMed Physical Therapy Opens Two Clinics in Connecticut, Expanding to 54 Clinics Across NJ and CT

Mar 16, 2026

RIDGEWOOD, N.J., March 16, 2026 /PRNewswire/ -- SportsMed Physical Therapy, a leading name in outpatient rehabilitation and wellness, is pleased to announce the acquisition of The Physical Therapy and Rehabilitation Center LLC with two Connecticut locations in Hamden and West Haven. This addition brings the company's total number of clinics to 54, further expanding access to patient-centered care throughout New Jersey and Connecticut....

BYD Beat Tesla In 2025: Could Acquisitions Help Further Global Dominance?

Mar 16, 2026

Chinese electric vehicle giant BYD Co ( BYDDF ) has been rapidly expanding abroad. The move has paid off with BYD passing Tesla Inc ( TSLA ) for EV deliveries in 2025. New reports show that could be just the beginning. BYD Sets Sights On Canada, Acquisitions BYD is reportedly keen to bid on a new Formula 1 team or...

-- GUIDANCE: (SMTC) Semtech Expects Fiscal Q1 Net Sales 283M Plus or Minus $5M, vs. FactSet Est of $272.6M

Mar 16, 2026

04:06 PM EDT, 03/16/2026 (MT Newswires) -- Price: 88.71, Change: +3.86, Percent Change: +4.55 ...