Oct 26 (Reuters) - Refiner Marathon Petroleum Corp’s quarterly profit soared as U.S. gasoline and diesel margins surged to a two-year peak in the third quarter after a crippling U.S. hurricane season.
Net income attributable to the company rose to $903 million, or $1.77 per share, in the third quarter ended Sept. 30, from $145 million, or 27 cents per share, a year earlier.
The company had incurred a charge of $267 million in the year ago quarter over the scrapping of a pipeline project.
Revenues and other income rose to $19.39 billion from $16.46 billion a year earlier. (Reporting by John Benny in Bengaluru; Editing by Supriya Kurane)