Marathon Petroleum shares are trading higher after the company reported Q3 financial results, announced an increase to its quarterly dividend and an additional $5 billion share repurchase authorization.
Portfolio Pulse from Benzinga Newsdesk
Marathon Petroleum reported Q3 financial results, announced an increase to its quarterly dividend, and an additional $5 billion share repurchase authorization. This news led to a rise in the company's shares.
October 31, 2023 | 5:57 pm
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Marathon Petroleum's shares are trading higher following Q3 results, increased dividend, and a $5 billion share repurchase authorization.
The company's strong Q3 results, increased dividend, and share repurchase plan are positive signals for investors, leading to increased demand for the stock and a rise in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100