Marathon Petroleum posts strong Q4 profit and revenue beat on robust refining margins
03.02.2022
MOSCOW (MRC) -- Marathon Petroleum Corp authorized a USD5 B share buyback plan, in addition to its existing programs, after strong refining margins drove a stunning fourth-quarter profit and revenue beat, sending its shares up 5%, according to Hydrocarbonprocessing.The Findlay, Ohio-based company said its refining and marketing margins more than doubled during the quarter amid a rebound i