{"schema_version":"secwatch.filing_event.v1","accession":"0001510295-24-000078","form_type":"8-K","ticker":"MPC","cik":"0001510295","company_name":"Marathon Petroleum Corp","filed_at":"2024-11-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.640505+00:00","generated_at":"2026-05-30T05:18:37.101064+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Marathon Petroleum Q3 net income $622M ($1.87/diluted), down 81% YoY; dividend raised 10%","bullets":["Net income $622M vs $3.3B YoY; adjusted EBITDA $2.5B vs $5.7B; refining margins fell to $14.35/bbl from $26.16/bbl.","Returned $3.0B to shareholders in Q3: $2.7B buybacks + $273M dividends; board approved additional $5B buyback authorization.","Quarterly dividend increased 10% to $0.91/share, payable Dec 10 to holders of record Nov 20; MPC expects $2.5B annual MPLX distributions.","Midstream segment adjusted EBITDA $1.6B (+6% YoY) driven by Permian/Marcellus growth; MPLX capacity expansions on track.","Q4 outlook: crude throughput ~2.65M bpd, refining costs $5.50/bbl, turnaround costs $285M; FY capex includes high-return refinery projects."],"urls":{"canonical":"https://secwatch.observer/filing/0001510295-24-000078","json":"https://secwatch.observer/filing/0001510295-24-000078.json","markdown":"https://secwatch.observer/filing/0001510295-24-000078.md","text":"https://secwatch.observer/filing/0001510295-24-000078.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1510295/000151029524000078/0001510295-24-000078-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1510295/000151029524000078/mpc-20241105.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T05:18:37.101064+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}