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Wednesday, February 4, 2015

Marathon Petroleum Tops, Will Expand Midstream



Investors.com http://ift.tt/1zfwgSa Marathon Petroleum (MPC) announced results Wednesday that topped views and said it will expand its midstream operations, which can still do well in a lower oil price environment. The petroleum refiner and marketer's Q4 earnings rose 36% to $2.86 per share, well above the $1.38 analysts polled by Thomson Reuters expect. Revenue fell 10.4% to $22.3 billion, but beat views for $19.85 billion. Marathon sees $2.53 billion in capital investments for


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