| MPC |
Report |
Adjusted EPS |
BEAT |
pred ~$14.65 vs. cons $13.95 |
MEDIUM |
| MPC |
Report |
R&M segment adjusted EBITDA |
BEAT |
pred ~$5.55B vs. cons $5.35B |
MEDIUM |
| MPC |
Report |
Total refinery throughput |
IN-LINE |
pred ~2.98 MMbpd vs. cons 2.99 MMbpd |
HIGH |
| MPC |
Guide |
Total refinery throughput |
BETTER |
guide ~3.03 MMbpd vs. cons 3.00 MMbpd (3Q26) |
MEDIUM |
| MPC |
Guide |
Refining operating cost per barrel |
LOWER |
guide ~$5.55/bbl vs. cons $5.65/bbl (3Q26) |
MEDIUM |
| MPC |
Guide |
Planned turnaround expense |
LOWER |
guide ~$225M vs. cons $250M (3Q26) |
LOW |
| MPC |
Return |
Day-1 residual (stock − beta × S&P 500) |
+2.8% |
— |
MEDIUM |
| MPC |
Return |
5-day cumulative residual |
+1.2% (FADE) |
Day-5 residual ~+1.2% vs. day-1 residual +2.8%: a solid beat and constructive 3Q26 operating guide should lift estimates initially, but peak-margin concerns and demanding valuation limit out-period revisions and cause part of the first-day gain to fade. |
LOW |