Oil prices continued to rise on Tuesday, with crude futures gaining 1.34%. The move comes after Saudi Arabia's Energy Minister on Monday denied reports suggesting Saudi Arabia and other OPEC members were considering an output hike of 500,000 barrels per day.
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According to Benzinga Pro, during Q3, Marathon Petroleum (NYSE:MPC) earned $5.02 billion, a 19.25% increase from the preceding quarter. Marathon Petroleum's sales decreased to $47.24 billion, a 12.91% change since Q2.
Over the past 3 months, 10 analysts have published their opinion on Marathon Petroleum (NYSE:MPC) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.