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  • News bot May 5, 2026, 10:49 a.m.

    📋 MARATHON PETROLEUM CORP (MPC) - Financial Results

    Filing Date: 2026-05-05

    Accepted: 2026-05-05 06:48:50

    Event Type: Financial Results

    Event Details:

    MARATHON PETROLEUM CORP (MPC) Reports the reporting period Financial Results MARATHON PETROLEUM CORP (MPC) announced its financial results for the period ending the reporting period. Key Financial Highlights:
    • Revenue: 3551
    • Net Income: 340
    • EPS: $34,200
    • Cash and equivalents: 2151
      • Expected In-ServiceGaryvilleJet FlexibilityIncreases flexibility to maximize higher value jet fuel production to meet growing demand1Q26 - CompletedEl PasoYield ImprovementUpgrades fluid catalytic cracker (FCC) and alkylation units to drive volume expansion2Q26Robinson Product FlexibilityIncreases flexibility to maximize higher value jet fuel production to meet growing demand3Q26Galveston BayDistillate HydrotreaterIncreases ability to supply high-value ULSD to domestic and export marketsYE27GaryvilleFeedstock OptimizationOptimizes feedstock slate to enhance marginYE27GaryvilleProduct Export FlexibilityIncreases flexibility to produce incremental export premium gasoline and lowers costsYE27MPLX is investing 90% of its $2.4 billion organic growth capital plan toward opportunities to meet growing natural gas and NGL infrastructure needs. With projects concentrated in the Permian and Marcellus, two of the most prolific and competitive basins in North America, investments in these value chains reflect 3MPLX’s confidence in the long-term fundamentals of the energy market, offer some of the most compelling investments in the midstream sector, and are expected to generate mid-teens returns.InvestmentDetailsMPLX OwnershipExpected In-ServiceHarmon Creek III300 million cubic feet per day (MMcf/d) gas processing plant and 40 thousand bpd (mbpd) de-ethanizer100%3Q26Bay Runner and Rio Bravo PipelinesUp to 5.3 billion cubic feet per day (Bcf/d) of natural gas transport capacity between Agua Dulce, Texas, and Brownsville, Texas30%Bay Runner: 3Q26Rio Bravo: 2029

    📊 Key Financial Metrics (Year-over-Year Comparison):

    Metric 2026 2025 Change ($) Change (%)
    Less Net Income Attributable To Noncontrolling Interests 340.00 420.00 $-80.00 -19.05%
    Revenue 34.20K 31.52K $2.68K +8.51%
    Selling, General & Administrative 867.00 783.00 $84.00 +10.73%
    Noncontrolling Interests 340.00 420.00 $-80.00 -19.05%

    💼 Business Developments:

    • Partnership
    • Acquisition
    • Licensing: Not available
    • Regulatory Approval
    • Executive Changes: Not available

    Structured Data:

    • Company Name: MARATHON PETROLEUM CORP
    • Ticker Symbol: MPC