marathon petroleum corp reported thirdquarter earnings on tuesday heres what you need to know earnings the findlay ohio oil refiner and pipeline reported earnings of 448 billion or 906 a share for the three months ended sept 30 compared with 694 million or 109 a share a year ago adjusted earnings came to 781 a share topping wall street estimates of 709 a share sales revenue rose to 4724 billion from 3232 billion analysts polled by factset were expecting revenue of 3585 billion dividend analysts watching marathon petroleums earnings got what they were looking for on tuesday as the company raised its quarterly dividend by 29 to 75 cents a share from 58 cents a share the new payout equal to 3 a year represents an annual yield of about 264 based on mondays closing price of 11362 up from about 204 it brings marathons dividend payout closer to rivals but still below that of other refiners like valero energy corp demand with global supply of gasoline and other refinedoil products constrained by sanctions against russia prices have surged as demand recovers from the covid19 pandemic the global travel recovery the return to offices and other factors are all boosting demand while the warmerthantypical fall has somewhat tempered demand in parts of the world marathon petroleum like other refiners is benefiting from all those factors market demand for our products remains strong chief executive officer michael hennigan said write to will feuer at willfeuerwsjcom