---
schema_version: "secwatch.filing_event.v1"
accession: "0001510295-25-000059"
form_type: "8-K"
ticker: "MPC"
cik: "0001510295"
company_name: "Marathon Petroleum Corp"
filed_at: "2025-11-04T23:59:59+00:00"
generated_at: "2026-05-17T00:36:28.677270+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# MPC Q3 net income $1.4B, EPS $4.51; adjusted EBITDA $3.2B; dividend up 10%

## Summary
- Net income $1.4B ($4.51 diluted EPS) vs $622M ($1.87) YoY; adjusted net income $915M ($3.01).
- Adjusted EBITDA $3.2B vs $2.5B; Refining & Marketing segment contributed $1.8B, Midstream $1.7B.
- Board approved 10% quarterly dividend increase; returned $926M to shareholders including $650M share repurchases.
- MPLX 12.5% distribution increase expected to generate $2.8B annualized distributions to MPC.
- Q4 guidance: refinery throughput ~2.9 mbpd, turnaround costs $420M, operating costs $5.80/bbl.

## SEC filing metadata
- accession: 0001510295-25-000059
- form_type: 8-K
- ticker: MPC
- cik: 0001510295
- company_name: Marathon Petroleum Corp
- filed_at: 2025-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1510295/000151029525000059/0001510295-25-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1510295/000151029525000059/mpc-20251104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001510295-25-000059
- JSON: https://secwatch.observer/filing/0001510295-25-000059.json
- Plain text: https://secwatch.observer/filing/0001510295-25-000059.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.