Marathon Petroleum (NYSE 🙂 announced Tuesday that the first quarter ended with revenue exceeding expectations and beating analysts’ predictions.

Marathon Petroleum reported earnings per share at $1.49 on revenues of $38.38B. Investing.com polled analyst to predict EPS at $1.32, based on $31.47B in revenue.

Marathon Petroleum shares have increased 39.27% since the start of the year but are still down 4.34% from their 52-week high of $93.16 on April 21. They are outperforming the S&P 500 which is down 12.82% from the start of the year.

Marathon Petroleum shares increased by 0.88% after the report was published.

Marathon Petroleum is following other significant Energy sector earnings in this month

Marathon Petroleum reports on Exxon Mobil’s Friday earnings miss. Exxon Mobil posted EPS figures of $2.07 per share on revenues of $90.5B. This compares to Exxon Mobil’s forecasts of EPS levels of $2.23 for revenue of $82.84B.

Chevron disappointed expectations Friday, with a first-quarter EPS of $3.36 on revenue at $54.37 billion. That compares to a forecast of EPS $3.4 on $51.14B.

You can keep up to date on the latest earnings reports at www.investors.com Investing.com’s earnings calendar