earnings
confidence high
sentiment neutral
materiality 0.85
MPC Q2 net income $1.2B ($3.96 EPS); adj. EBITDA $3.3B; MPLX to acquire Northwind for $2.375B
Marathon Petroleum Corp
2025-Q2 EPS reported
$3.68
revenue$65,316,000,000
- Net income $1.2B ($3.96 diluted EPS) vs $1.5B ($4.33) YoY; adjusted EBITDA $3.3B vs $3.4B.
- Refining & Marketing adj. EBITDA $1.89B ($6.79/bbl); utilization 97%, throughput 3.1M bpd.
- MPLX to acquire Northwind Midstream for $2.375B; MPC sold ethanol JV interest for $425M.
- Returned $1.0B to shareholders via $692M share repurchases and dividends.
- Q3 outlook: crude throughput 2.73M bpd, turnaround costs $400M, operating cost $5.70/bbl.
item 2.02item 9.01