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Barchart
Kritika Sarmah

Marathon Petroleum Earnings Preview: What to Expect

Based in Findlay, Ohio, Marathon Petroleum Corporation (MPC) is a prominent integrated downstream energy company. Valued at $139.2 billion by market cap, the company refines, supplies, markets, and transports petroleum products. The refining giant is expected to announce its fiscal third-quarter earnings for 2026 before the market opens on Tuesday, Nov. 3.

Ahead of the event, analysts expect MPC to report a profit of $25.13 per share on a diluted basis, up 734.9% from $3.01 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion.

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