secwatch.observer — SEC 8-K summary
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Issuer:     Marathon Petroleum Corp (MPC)
CIK:        0001510295
Form:       8-K
Filed at:   2025-11-04T23:59:59+00:00
Accession:  0001510295-25-000059
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1510295/000151029525000059/0001510295-25-000059-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1510295/000151029525000059/mpc-20251104.htm
  HTML page:      https://secwatch.observer/filing/0001510295-25-000059

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