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.

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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.

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