---
schema_version: "secwatch.filing_event.v1"
accession: "0001510295-22-000061"
form_type: "8-K"
ticker: "MPC"
cik: "0001510295"
company_name: "Marathon Petroleum Corp"
filed_at: "2022-08-02T23:59:59+00:00"
generated_at: "2026-06-24T05:52:29.017634+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# MPC Q2 2022 net income $5.9B ($10.95/diluted); adjusted EBITDA $9.1B; new $5B buyback authorization

## Summary
- Adjusted net income $5.7B ($10.61/diluted) vs $437M ($0.67) in Q2 2021; revenue not explicitly provided.
- Refining & Marketing segment adjusted EBITDA $7.8B (vs $751M) on margin $37.54/bbl and 100% capacity utilization.
- Midstream segment adjusted EBITDA $1.5B (vs $1.3B); corporate expenses $170M.
- Board approved incremental $5B share repurchase authorization; $12.1B of prior $15B program completed as of July 31.
- Martinez renewable fuels project: first phase mechanical completion target year-end 2022; 730M gal/yr capacity by end of 2023.

## SEC filing metadata
- accession: 0001510295-22-000061
- form_type: 8-K
- ticker: MPC
- cik: 0001510295
- company_name: Marathon Petroleum Corp
- filed_at: 2022-08-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1510295/000151029522000061/0001510295-22-000061-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1510295/000151029522000061/mpc-20220802.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001510295-22-000061
- JSON: https://secwatch.observer/filing/0001510295-22-000061.json
- Plain text: https://secwatch.observer/filing/0001510295-22-000061.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.