Marathon reports profit for quarter of $596M

5/2/2012

FINDLAY -- Marathon Petroleum Corp. reported Tuesday that its first-quarter profit was $596 million, or $1.70 a share, compared with $529 million, or $1.48 a share, in 2011's first quarter.

The company said it had sales for the quarter of $20.3 billion, up 13.4 percent from $17.9 billion for the same period a year ago, when it was still part of Marathon Oil Corp.