Foolish Review: Marathon Petroleum's Earnings
Marathon Petroleum reported fourth-quarter earnings yesterday and handily beat analyst estimates, while refining margins continued to increase due to discounted crude feed stocks. For the quarter, income from operations topped $1.4 billion, and while increased pipeline activity can pinch the already outsized margins, the future still looks bright. Marathon completed its Detroit heavy refinery expansion, increasing the capacity by 80,000 barrels of oil per day, which will expand its growing profits from exporting its refined products. Check out the video below for more information on Marathon's completed quarter.
There are many different ways to play the energy sector, and our analysts have uncovered an under-the-radar company that's dominating its industry. This company is a leading provider of equipment and components used in drilling and production operations, and poised to profit in a big way from it. To get the name and detailed analysis of this company that will prosper for years to come, check out our special free report: "The Only Energy Stock You'll Ever Need." Don't miss out on this limited-time offer and your opportunity to discover this under-the-radar company before the market does. Click here to access your report -- it's totally free.
The article Foolish Review: Marathon Petroleum's Earnings originally appeared on Fool.com.Joel South has no position in any stocks mentioned. Taylor Muckerman has no position in any stocks mentioned. The Motley Fool recommends Kinder Morgan. The Motley Fool owns shares of Kinder Morgan. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.