secwatch.observer — SEC 8-K summary
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Issuer:     Marathon Petroleum Corp (MPC)
CIK:        0001510295
Form:       8-K
Filed at:   2025-08-05T23:59:59+00:00
Accession:  0001510295-25-000052
Event type: earnings
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MPC Q2 net income $1.2B ($3.96 EPS); adj. EBITDA $3.3B; MPLX to acquire Northwind for $2.375B
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1510295/000151029525000052/0001510295-25-000052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1510295/000151029525000052/mpc-20250805.htm
  HTML page:      https://secwatch.observer/filing/0001510295-25-000052

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