Marathon petroleum corp. reports third-quarter 2023 results

Findlay, ohio , oct. 31, 2023 /prnewswire/ -- third -quarter net income attributable to mpc of $3.3 billion , or $8.28 per diluted share; adjusted net income of $3.2 billion, or $8.14 per adjusted diluted share adjusted ebitda of $5.7 billion; net cash provided by operating activities of $5.0 billion, reflecting continued strong cash generation mplx increases distribution 10%; mpc expects to receive an incremental $200 million, for a total of $2.2 billion annually returned $3.1 billion of capital through $2.8 billion of share repurchases and $297 million of dividends announced quarterly dividend increase of approximately 10% to $0.825 per share and additional $5 billion share repurchase authorization marathon petroleum corp. (nyse: mpc) today reported net income attributable to mpc of $3.3 billion, or $8.28 per diluted share, for the third quarter of 2023, compared with net income attributable to mpc of $4.5 billion, or $9.06 per diluted share, for the third quarter of 2022. adjusted net income was $3.2 billion, or $8.14 per diluted share, for the third quarter of 2023.
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