Summary
Marathon Petroleum Corporation (MPC) filed an 8-K on January 29, 2014, primarily to report its fourth-quarter and full-year 2013 financial results. The company announced a net income attributable to MPC of $626 million for the fourth quarter of 2013. For the full fiscal year 2013, MPC reported a net income attributable to MPC of $2.11 billion. This filing serves as an official disclosure of these key financial performance indicators for the period. Investors can use this information to assess the company's profitability and operational performance during 2013, comparing it against previous periods and market expectations. The press release furnishing the detailed results is attached as an exhibit to this report.
Key Highlights
- 1Marathon Petroleum Corporation (MPC) announced its Q4 and Full-Year 2013 earnings on January 29, 2014.
- 2Fourth-quarter 2013 net income attributable to MPC was $626 million.
- 3Full-year 2013 net income attributable to MPC reached $2.11 billion.
- 4The 8-K filing incorporates by reference the press release detailing these financial results (Exhibit 99.1).
- 5The report provides key operational and financial performance metrics for investors.
- 6The filing date of January 29, 2014, indicates the earnings were released shortly after the quarter and year-end.
- 7The company's principal executive offices are located in Findlay, Ohio.
Frequently Asked Questions
The primary purpose of this 8-K filing is to publicly announce and report Marathon Petroleum Corporation's (MPC) financial results for the fourth quarter and the full fiscal year 2013.
MPC reported a net income attributable to the company of $626 million for the fourth quarter of 2013 and a net income attributable to the company of $2.11 billion for the full fiscal year 2013.
The press release containing the detailed financial results, dated January 29, 2014, is furnished as Exhibit 99.1 to this 8-K filing and is incorporated by reference, meaning it is part of the official filing.
This section signifies that the company is disclosing material information regarding its financial performance and condition, specifically its earnings results, in accordance with SEC regulations.