Thursday, April 27, 2017

Marathon Petroleum Crushes Earnings Forecast -- Zachs -- April 27, 2017

Disclaimer: this is not an investment site. This helps me put the Bakken into perspective.

Link here.

Zachs forecast a lost of one cent / share. In fact, Marathon Petroleum EPS came in at 6 cents per share. Wow.

Revenues: $16,393 million missing Zachs estimate of $19,030.9 million. However, revenues rose 28% on a year-over-year basis.

Makes me eager to see how XOM, CVX, and COP fared.

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