secwatch.observer — SEC 8-K summary
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Issuer:     Marathon Petroleum Corp (MPC)
CIK:        0001510295
Form:       8-K
Filed at:   2026-02-03T23:59:59+00:00
Accession:  0001510295-26-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marathon Petroleum Q4 net income $1.5B ($5.12 EPS) vs $371M YoY; adjusted EBITDA $3.5B
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- Q4 2025 net income $1.5B ($5.12 diluted EPS) vs $371M ($1.15) in Q4 2024.
- Full-year 2025 cash from operations $8.3B; returned $4.5B capital to shareholders.
- Refining & Marketing adjusted EBITDA $1.997B in Q4 2025 vs $559M; margin $18.65/bbl.
- 2026 capex: MPC standalone $1.5B, MPLX $2.7B; new projects at Garyville, El Paso, Secretariat II.
- Q1 2026 outlook: throughput 2.74M bpd, turnaround costs $465M, corporate expense $240M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1510295/000151029526000003/0001510295-26-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1510295/000151029526000003/mpc-20260203.htm
  HTML page:      https://secwatch.observer/filing/0001510295-26-000003

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