Marathon petroleum reports q1 adjusted loss per share of $0.16

. reports first-quarter 2020 results.q1 adjusted loss per share $0.16.q1 loss per share $14.25.q1 earnings per share estimate $-0.31 -- refinitiv ibes data.reported first-quarter loss of $9.2 billion.qtrly pre-tax non-cash charges of $12.4 billion.announced business response to covid-19 environment, including $1.4 billion of capital and $950 million of expense reductions.consolidated capital spending reductions of $1.4 billion, or approximately 30% for 2020.marathon petroleum - consolidated capital spending reductions of $1.4 billion, or about 30%, which takes 2020 expected spending levels down to $3.0 billion.marathon petroleum - r&m segment loss from operations was $622 million in q1 of 2020 compared to a loss from operations of $334 million for q1 of 2019.throughput levels have been reduced across organization, including temporary idling of some facilities.qtrly total revenue and other income $24.08 billion versus $28.6 billion reported last year.share repurchases have temporarily been suspended.issued $2.5 billion of senior notes in april.q1 revenue view $23.91 billion -- refinitiv ibes data.also secured an additional $1 billion 364-day revolving credit facility in april.as of may 5, 2020, mpc's total credit capacity, excluding mplx, is approximately $7.5 billion and available borrowing capacity is approximately $6.75 billion.loss from operations was $11.8 billion in q1 of 2020, compared to income of $669 million in q1 of 2019.
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