{"schema_version":"secwatch.filing_event.v1","accession":"0001510295-24-000005","form_type":"8-K","ticker":"MPC","cik":"0001510295","company_name":"Marathon Petroleum Corp","filed_at":"2024-01-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.429370+00:00","generated_at":"2026-06-06T14:55:19.568997+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"MPC Q4 net income falls to $1.5B from $3.3B YoY; full-year net cash ops $14.1B","bullets":["Q4 net income $1.5B ($3.84 diluted EPS) vs $3.3B ($7.09) in Q4 2022; adjusted EPS $3.98.","Full-year 2023 net income $9.7B ($23.63 diluted EPS) vs $14.5B ($28.12) in 2022.","Net cash from operations $14.1B; returned $12.8B to shareholders via buybacks and dividends.","R&M segment adjusted EBITDA $2.2B in Q4 vs $4.6B YoY, driven by lower crack spreads.","2024 MPC standalone capex outlook $1.25B; MPLX capex $1.1B."],"urls":{"canonical":"https://secwatch.observer/filing/0001510295-24-000005","json":"https://secwatch.observer/filing/0001510295-24-000005.json","markdown":"https://secwatch.observer/filing/0001510295-24-000005.md","text":"https://secwatch.observer/filing/0001510295-24-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1510295/000151029524000005/0001510295-24-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1510295/000151029524000005/mpc-20240130.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T14:55:19.568997+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":"41ff89a31ed21c701c1759ac740297771d3f7444","claim":"Marathon Petroleum Corp reported full year 2023 results: net income $9.7 billion, EPS $23.63 per diluted share.","evidence_excerpt":"For the full year 2023, net income attributable to MPC was $9.7 billion, or $23.63 per diluted share, compared with net income attributable to MPC of $14.5 billion, or $28.12 per diluted share for the full year 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1510295/000151029524000005/0001510295-24-000005-index.htm","confidence":0.99,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year 2023"},{"label":"Net income","value":"$9.7 billion"},{"label":"EPS","value":"$23.63 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"b0a81ed6c76a3f7f7eda2ada2c09636f60e6bdd7","claim":"Marathon Petroleum Corp reported fourth quarter of 2023 results: net income $1.5 billion, EPS $3.84 per diluted share.","evidence_excerpt":"Marathon Petroleum Corp. (NYSE: MPC) today reported net income attributable to MPC of $1.5 billion, or $3.84 per diluted share, for the fourth quarter of 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1510295/000151029524000005/0001510295-24-000005-index.htm","confidence":0.99,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter of 2023"},{"label":"Net income","value":"$1.5 billion"},{"label":"EPS","value":"$3.84 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"f658800410a40cf81240993543816dfd3a752f10","claim":"Marathon Petroleum Corp reported the quarter and year ended December 31, 2023 results: net income $1.5 billion, EPS $3.84 per diluted share. Guidance initiated.","evidence_excerpt":"On January 30, 2024, Marathon Petroleum Corporation issued a press release announcing its financial results for the quarter and year ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1510295/000151029524000005/0001510295-24-000005-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter and year ended December 31, 2023"},{"label":"Net income","value":"$1.5 billion"},{"label":"EPS","value":"$3.84 per diluted share"},{"label":"Guidance","value":"initiated"},{"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"}