secwatch.observer — SEC 8-K summary
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Issuer:     Marathon Petroleum Corp (MPC)
CIK:        0001510295
Form:       8-K
Filed at:   2026-08-04T10:49:20+00:00
Accession:  0001510295-26-000060
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MPC Q2 net income $5.1B ($17.73/diluted EPS); adjusted EBITDA $8.5B vs $3.3B YoY
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- Refining & Marketing segment adjusted EBITDA $6.7B vs $1.9B YoY; margin $36.33/bbl vs $17.58/bbl.
- Midstream segment adjusted EBITDA $1.8B vs $1.6B; Renewable Diesel segment $258M vs $(19)M.
- Returned $2.8B to shareholders in Q2; $6.1B remaining under share repurchase authorizations.
- El Paso yield improvement and Robinson product flexibility investments placed in service in Q2 2026.
- MPLX increasing 2026 growth capex outlook by $500M to $2.9B; expects 12.5% annual distribution growth in 2026-2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1510295/000151029526000060/0001510295-26-000060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1510295/000151029526000060/mpc-20260804.htm
  HTML page:      https://secwatch.observer/filing/0001510295-26-000060

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