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Business

Riddhima Chakraborty

1 Energy Stock to Stay Bullish on in 2023

MPC Petroleum Marathon Petroleum Corporation

Famous energy company Marathon Petroleum Corporation (MPC) surpassed consensus estimates in its 2022 third quarter. Despite rampant macroeconomic uncertainties, it beat the consensus revenue estimate by 8.4% and the EPS estimate by 11.2%.

President and CEO Michael J. Hennigan said, "Market demand for our products remains strong, and our third-quarter results reflect our improving operational and commercial execution."

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