Marathon petroleum corp. reports first-quarter 2021 results

Findlay, ohio, may 4, 2021 /prnewswire/ -- reported first-quarter loss of $242 million , or $(0.37) per diluted share, which includes pre-tax charges of $70 million; reported adjusted loss of $132 million, or $(0.20) per diluted share reported adjusted ebitda of $1.6 billion, driven by refining margin recovery, stability of midstream business, and continued focus to lower the overall cost structure progressing renewables portfolio with final investment decision for martinez conversion $21 billion speedway sale close to completion marathon petroleum corp. (nyse: mpc) today reported a net loss of $242 million, or $(0.37) per diluted share, for the first quarter of 2021, compared with a net loss of $9.2 billion, or $(14.25) per diluted share, for the first quarter of 2020.   adjusted net loss was $132 million, or $(0.20) per diluted share, for the first quarter of 2021, compared with an adjusted net loss of $106 million, or $(0.16) per diluted share, for the first quarter of 2020.
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