7/26/18 – 9:27 A.M.

Marathon Petroleum’s second-quarter numbers dwarf the company’s results from the same time last year. An earnings report released Thursday shows the company’s income reached $1.7 billion. That compared to $962 million in the second quarter of 2017. The refining and marketing segment accounted for most of the increase. The segment posted just over $1 billion in income for the second quarter. That’s up from $562 million a year ago.

The midstream segment also had a positive second quarter. It saw $617 million in income. That’s nearly double the 2017 figure. Speedway’s second quarter was down compared to 2017. The convenience store chain posted $159 million in income, compared to $238 million a year ago.

In a statement, President and CEO Gary Heminger said, “Our ability to execute and capture opportunities in a volatile commodity environment demonstrated the power of our integrated business model and drove extraordinary results.”