Marathon Petroleum's Retail and Midstream Assets Prop Up Earnings in Q2
Marathon Petroleum (NYSE: MPC) is still in the middle of a major strategic review of its corporate structure. Management has communicated what it plans to do with its stake in master limited partnership MPLX (NYSE: MPLX), but there is still the issue of what it will do with its retail and fueling station business.
For now, though, the company's second-quarter earnings reflected that these two nonrefining business segments are indeed valuable to the bottom line, as they helped offset another challenging quarter for refining. Here's a look at Marathon's most recent results.
Image source: Getty Images.
Source: Fool.com
