Marathon Petroleum Profit Beats Estimates as Iran War Drives Refining Margins

May 5 (Reuters) – Marathon Petroleum (MPC.N) on Tuesday beat Wall Street estimates for first-quarter profit, benefiting from stronger refining margins amid ​tighter global supply driven by the Middle East war. Its shares rose ‌2.8% in early trading, with the stock up 60% so far this year. The company approved an additional $5 billion share … Read more