{"schema_version":"secwatch.filing_event.v1","accession":"0001510295-23-000045","form_type":"8-K","ticker":"MPC","cik":"0001510295","company_name":"Marathon Petroleum Corp","filed_at":"2023-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.165605+00:00","generated_at":"2026-06-16T03:21:10.542022+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"MPC Q1 2023 net income $2.7B ($6.09 EPS) vs $845M YoY; adj. EBITDA $5.2B; adds $5B buyback auth.","bullets":["Net income $2.7B ($6.09 diluted EPS) vs $845M ($1.49) YoY; adjusted EBITDA $5.2B vs $2.6B.","Returned $3.5B to shareholders: $3.2B buybacks and $337M dividends; additional $5B buyback authorization approved, total $9B available.","Refining & Marketing segment adjusted EBITDA $3.85B ($15.09/barrel) vs $1.37B ($5.39/bbl); crude utilization 89%, throughput 2.8M bpd.","Martinez Renewables Phase I at full capacity (260M gal/yr); Phase II on track; Galveston Bay STAR project started, adding 40k bpd crude capacity.","Q2 2023 outlook: throughput ~2.86M bpd, operating costs $5.20/bbl, turnaround costs $400M."],"urls":{"canonical":"https://secwatch.observer/filing/0001510295-23-000045","json":"https://secwatch.observer/filing/0001510295-23-000045.json","markdown":"https://secwatch.observer/filing/0001510295-23-000045.md","text":"https://secwatch.observer/filing/0001510295-23-000045.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1510295/000151029523000045/0001510295-23-000045-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1510295/000151029523000045/mpc-20230502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T03:21:10.542022+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"56297161ef04813aaec37a0e2caeb2ab82e75d2a","claim":"Marathon Petroleum Corp reported the first quarter of 2023 results: net income net income attributable to MPC of $2.7 billion, EPS $6.09 per diluted share.","evidence_excerpt":"Marathon Petroleum Corp. (NYSE: MPC) today reported net income attributable to MPC of $2.7 billion, or $6.09 per diluted share, for the first quarter of 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1510295/000151029523000045/0001510295-23-000045-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter of 2023"},{"label":"Net income","value":"net income attributable to MPC of $2.7 billion"},{"label":"EPS","value":"$6.09 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}