Marathon Petroleum Q4 Earnings Preview: Factors to Consider

Thursday, Jan 29, 2026 8:48 am ET1min read
MPC--

Marathon Petroleum Corporation is set to release Q4 2025 earnings on Feb. 3, 2026, with a Zacks Consensus Estimate of $2.71 per share and $29.6 billion in revenue. The company's Q3 earnings missed the consensus estimate due to a $56 million charge from quarterly fair value remeasurement of performance-based stock compensation. The Q4 earnings may be impacted by weaker margin capture, higher costs, and lower utilization guidance, which could compress margins and cash flow.

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