Marathon Petroleum reported its second-quarter numbers on Tuesday.
The company says its net income for Q2 was $5.9 billion, which compares with a net income of $8.5 billion for the second quarter of 2021.
The company’s adjusted earnings for the second quarter was $9.1 billion, compared with $2.2 billion for the second quarter of 2021.
President and CEO Michael Hennigan says they accomplished a lot in the second quarter.
“Our team delivered on supplying products to meet strong market demand. Utilizing the proceeds from the Speedway divestiture, we have completed approximately $12 billion of our $15 billion return of capital program,” Hennigan said.
“We also recently published our annual Sustainability and Climate reports, which highlight the progress we have made across our sustainability commitments.”
Get more on Marathon’s first-quarter results by clicking here.
Marathon Petroleum Corporation is a leading, integrated, downstream energy company headquartered in Findlay.
More than 230 students from nearly 60 universities across the country joined MPC this summer.
From day one, our interns/co-ops work on meaningful projects that are important to our business.
— Marathon Petroleum (@MarathonPetroCo) July 29, 2022