Inferra AI / Company / MPC
Marathon Petroleum
MPC · Energy
Last earnings Aug 4, 2026 · Next earnings Nov 3, 2026
Key results
Second-quarter net incomequarter
$1.2 billion
Reports Second-Quarter 2025 Results Second-quarter net income attributable to MPC of $1.2 billion, or $3.96 per diluted share $3.3 billion of adjusted EBITDA, driven by refining execution and commercial excellence and continued Midstream strength Progressed Permian Natural Gas NGL growth strategies with MPLX s announced acquisition of Northwind Midstream $1.0 billion of capital returned, inclusive of $692 million of share repurchases FINDLAY, Ohio, Aug 5, 2025 Marathon Petroleum Corp.
SEC original ↗Marathon Petroleum — Earnings release (8-K exhibit)EX-99Aug 5, 2025
Net incomequarter
$1.2 billion
(NYSE MPC) today reported net income attributable to MPC of $1.2 billion, or $3.96 per diluted share, for the second quarter of 2025, compared with net income attributable to MPC of $1.5 billion, or $4.33 per diluted share, for the second quarter of 2024.
SEC original ↗Marathon Petroleum — Earnings release (8-K exhibit)EX-99Aug 5, 2025
AI analysis
Q2 2025 · reported Aug 5, 2025
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Headline figures
| Metric | Q2 2025 | Prior qtr | Year ago |
|---|---|---|---|
| Second-quarter net income | $1.2 billion | — | — |
| Net income | $1.2 billion | — | — |
Guidance · company-stated
No guidance located in the held release
Capital allocation
Reports Second-Quarter 2025 Results Second-quarter net income attributable to MPC of $1.2 billion, or $3.96 per diluted share $3.3 billion of adjusted EBITDA, driven by refining execution and commercial excellence and continued Midstream strength Progressed Permian Natural Gas NGL growth strategies with MPLX s announced acquisition of Northwind Midstream $1.0 billion of capital returned, inclusive of $692 million of share repurchases FINDLAY, Ohio, Aug 5, 2025 Marathon Petroleum Corp.
Event summary
The second quarter of 2025 adjusted earnings before interest, taxes, depreciation, and amortization (adjusted EBITDA) was $3.3 billion, compared with $3.4 billion for the second quarter of 2024
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Guidance & outlook
No guidance located in the held release
Capital allocation
Reports Second-Quarter 2025 Results Second-quarter net income attributable to MPC of $1.2 billion, or $3.96 per diluted share $3.3 billion of adjusted EBITDA, driven by refining execution and commercial excellence and continued Midstream strength Progressed Permian Natural Gas NGL growth strategies with MPLX s announced acquisition of Northwind Midstream $1.0 billion of capital returned, inclusive of $692 million of share repurchases FINDLAY, Ohio, Aug 5, 2025 Marathon Petroleum Corp.
SEC original ↗Marathon Petroleum — Earnings release (8-K exhibit)EX-99Aug 5, 2025
Financial Position, Liquidity, and Return of Capital As of June 30, 2025, MPC had $1.7 billion of cash and cash equivalents, including $1.4 billion of cash at MPLX, and no borrowings outstanding under its $5 billion five-year bank revolving credit facility.
SEC original ↗Marathon Petroleum — Earnings release (8-K exhibit)EX-99Aug 5, 2025
As of June 30, 2025, MPC had $210 million of commercial paper borrowings outstanding.
SEC original ↗Marathon Petroleum — Earnings release (8-K exhibit)EX-99Aug 5, 2025
On May 1, 2025, MPC repaid all of its outstanding $1.25 billion senior notes due May 2025.
SEC original ↗Marathon Petroleum — Earnings release (8-K exhibit)EX-99Aug 5, 2025
2 MPLX intends to finance its recently completed acquisition of the remaining 55% of the BANGL pipeline system and its announced acquisition of Northwind Midstream with debt.
SEC original ↗Marathon Petroleum — Earnings release (8-K exhibit)EX-99Aug 5, 2025
As of June 30, 2025, the company had $6.0 billion available under its share repurchase authorizations.
SEC original ↗Marathon Petroleum — Earnings release (8-K exhibit)EX-99Aug 5, 2025
Strategy & priorities
Reports Second-Quarter 2025 Results Second-quarter net income attributable to MPC of $1.2 billion, or $3.96 per diluted share $3.3 billion of adjusted EBITDA, driven by refining execution and commercial excellence and continued Midstream strength Progressed Permian Natural Gas NGL growth strategies with MPLX s announced acquisition of Northwind Midstream $1.0 billion of capital returned, inclusive of $692 million of share repurchases FINDLAY, Ohio, Aug 5, 2025 Marathon Petroleum Corp.
SEC original ↗Marathon Petroleum — Earnings release (8-K exhibit)EX-99Aug 5, 2025
Our second quarter results reflect actions we have taken to deliver on our strategic commitments, said President and Chief Executive Officer Maryann Mannen.
SEC original ↗Marathon Petroleum — Earnings release (8-K exhibit)EX-99Aug 5, 2025
We believe execution of our strategic commitments will position our integrated system to deliver industry-leading capital returns and offer a compelling value proposition for our shareholders.
SEC original ↗Marathon Petroleum — Earnings release (8-K exhibit)EX-99Aug 5, 2025
Strategic Update MPC s Refining Marketing 2025 capital spending outlook includes continued high-return investments at its Los Angeles, Galveston Bay and Robinson refineries.
SEC original ↗Marathon Petroleum — Earnings release (8-K exhibit)EX-99Aug 5, 2025
MPC s Midstream segment is expanding its Permian to Gulf Coast integrated value chain, progressing long-haul pipeline growth projects to support expected increased producer activity, and investing in Permian and Marcellus processing capacity in response to producer demand.
SEC original ↗Marathon Petroleum — Earnings release (8-K exhibit)EX-99Aug 5, 2025
Risks & headwinds
You can identify forward-looking statements by words such as anticipate, believe, commitment, could, design, endeavor, estimate, expect, focus, forecast, goal, guidance, intend, may, objective, opportunity, outlook, plan, policy, position, potential, predict, priority, progress, project, prospective, pursue, seek, should, strategy, strive, support, target, trends, will, would or other similar 5 expressions that convey the uncertainty of future events or outcomes.
SEC original ↗Marathon Petroleum — Earnings release (8-K exhibit)EX-99Aug 5, 2025
MPC cautions that these statements are based on management s current knowledge and expectations and are subject to certain risks and uncertainties, many of which are outside of the control of MPC, that could cause actual results and events to differ materially from the statements made herein.
SEC original ↗Marathon Petroleum — Earnings release (8-K exhibit)EX-99Aug 5, 2025
Legal Proceedings 52 Item 1A.
SEC original ↗Marathon Petroleum — 10-Q Quarterly report10-QAug 4, 2026
Earnings deck slides
2 decks with slide viewCompetitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
63 documents- Q3 2026
- 8-KMPC
Oct 29, 2026
- EX-99MPC
Oct 29, 2026
- Q2 2026
- 10-QMPC
Aug 4, 2026
- 8-KMPC
Aug 4, 2026
- Q1 2026
- 8-KMPC
Jun 29, 2026
- 10-QMPC
May 5, 2026
- 8-KMPC
May 5, 2026
- 8-KMPC
May 1, 2026
- 8-KMPC
Apr 13, 2026
- Q4 2025
- 10-KMPC
Feb 26, 2026
- 8-KMPC
Feb 3, 2026
- Q3 2025
- 8-KMPC
Dec 18, 2025
- EX-99MPC
Dec 18, 2025
- 8-KMPC
Nov 4, 2025
- 10-QMPC
Nov 4, 2025
- 8-KMPC
Nov 4, 2025
- Q2 2025
- 10-QMPC
Aug 5, 2025
- 8-KMPC
Aug 5, 2025
- Q1 2025
- 10-QMPC
May 6, 2025
- 8-KMPC
May 6, 2025
- 8-KMPC
May 2, 2025
- 8-KMPC
Apr 30, 2025
- Q4 2024
- 10-KMPC
Feb 27, 2025
- 8-KMPC
Feb 10, 2025
- 8-KMPC
Feb 4, 2025
- 8-KMPC
Jan 24, 2025
- Q3 2024
- 10-QMPC
Nov 5, 2024
- 8-KMPC
Nov 5, 2024
- 8-KMPC
Oct 31, 2024
- Q2 2024
- 8-KMPC
Aug 6, 2024
- 10-QMPC
Aug 6, 2024
- 8-K/AMPC
Aug 6, 2024
- Q1 2024
- 8-KMPC
May 13, 2024
- 8-KMPC
Apr 30, 2024
- 10-QMPC
Apr 30, 2024
- 8-KMPC
Apr 26, 2024
- Q4 2023
- 10-KMPC
Feb 28, 2024
- 8-KMPC
Jan 31, 2024
- 8-KMPC
Jan 30, 2024
- 8-KMPC
Jan 9, 2024
- Q3 2023
- 8-KMPC
Dec 21, 2023
- 8-KMPC
Oct 31, 2023
- 10-QMPC
Oct 31, 2023
- 8-KMPC
Oct 30, 2023
- Q2 2023
- 8-KMPC
Aug 1, 2023
- 10-QMPC
Aug 1, 2023
- Q1 2023
- 8-KMPC
May 19, 2023
- 8-KMPC
May 2, 2023
- 10-QMPC
May 2, 2023
- 8-KMPC
Apr 27, 2023
- Q4 2022
- 10-KMPC
Feb 23, 2023
- 8-KMPC
Jan 31, 2023
- 8-KMPC
Jan 30, 2023
- Q3 2022
- 8-KMPC
Nov 1, 2022
- 10-QMPC
Nov 1, 2022
- 8-KMPC
Oct 11, 2022
- Q2 2022
- 8-KMPC
Aug 22, 2022
- 8-KMPC
Aug 2, 2022
- 10-QMPC
Aug 2, 2022
- 8-KMPC
Jul 12, 2022
- 8-KMPC
Jul 12, 2022
- Q1 2022
- 8-KMPC
May 3, 2022
- 10-QMPC
May 3, 2022
Earnings releases
18 documentsPresentations
2 documents
Transcripts
0 documentsNo transcripts for Marathon Petroleum are held in this edition of the library.
Mentioned by
5 companiesOther tracked companies whose held documents mention Marathon Petroleum by name or ticker. A mention is counted once per document, from the document text the library holds.
Howard Hughes Holdings Inc. (HHH)
“te partnerships that enhance long-term recurring revenue potential.” Financial Highlights MPC Full Year – MPC EBT reached an all-time high of $476.1 million,… …Extended the Tanager Echo construction loan to an initial maturity in December 2031, with ”
Regions Financial Corporation (RF)
“…(MPC INVESTMENT) We expanded our portfolio in 2023 to include renewable natural gas (RNG) through acquisition of a 49.9% interest in LF Bioenergy, a renewable en”
“); the availability of desirable strategic… …408 1,831 1,595 Net income attributable to MPC $ 1,535 $ 371 $ 4,047 $ 3,445 Per share data Basic: Net income attributable to MPC per share $ 5.13 $ 1.16 $ 13.24 $ 10.11 Weighted average shares”
“ering and processing assets. Renewable Diesel… … 394 740 814 Net income attributable to MPC $ 5,138 $ 1,216 $ 5,649 $ 1,142 Per share data Basic: Net income attributable to MPC per share $ 17.76 $ 3.96 $ 19.34 $ 3.69 Weighted average shar”
“ounced incremental $5 billion share repurchase authorization FINDLAY, Ohio, May 5, 2026 – Marathon Petroleum Corp. (NYSE: MPC) today reported net … …hazards, extreme weather events, regional conflicts such as hostilities in the Middle East and in Ukr”
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