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Page 2 - மார்டினெஸ் சுத்திகரிப்பு நிலையம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Marathon Petroleum Corp Reports Fourth-Quarter 2020 Results

Reported fourth-quarter income of $192 million, or $0.29 per diluted share, which includes net pre-tax benefits of $851 million; reported adjusted loss of $608 million, or ($0.94) per diluted share $21 billion Speedway sale targeted to close by end of first quarter; reiterating commitment to use proceeds to strengthen the balance sheet and return capital to shareholders Advancing renewable fuels portfolio; Dickinson is 2nd largest renewable diesel facility in the US and progressing Martinez strategic repositioning Continuing focus on lowering cost structure Announced 2021 MPC standalone capital spending outlook of $1.4 billion, a reduction of $350 million from 2020 Marathon Petroleum Corp. (NYSE: MPC) today reported net income of $192 million, or $0.29 per diluted share, for the fourth quarter of 2020, compared with net income of $443 million, or $0.68 per diluted share, for the fourth quarter of 2019.

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