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MARATHON PETROLEUM (MPC) Stock News

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Welcome to our dedicated page for MARATHON PETROLEUM news (Ticker: MPC), a resource for investors and traders seeking the latest updates and insights on MARATHON PETROLEUM stock.

Marathon Petroleum Corporation reports news as an integrated downstream and midstream energy company with the nation's largest refining system, a U.S. marketing network that includes Marathon-branded retail outlets, and a majority ownership interest in MPLX LP.

Recurring updates cover Refining & Marketing results, Midstream performance, Renewable Diesel operations, refinery turnarounds and capital projects such as jet fuel and FCC upgrades. Company announcements also address quarterly dividends, share repurchase authorizations, capital returns, annual meeting timing, and MPLX gathering, processing, fractionation, transportation and logistics activity.

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Marathon Petroleum (MPC) will hold a conference call on November 3, 2026, at 11 a.m. EST to discuss its 2026 third-quarter financial results.

Live access and a one-month replay will be available via webcast on the company’s website at www.marathonpetroleum.com, where the earnings release and other investor materials will be posted prior to the call.

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Oil Market Daily reports crude started the week near $100 a barrel as Gulf Cooperation Council diplomats plan talks with Iran in Oman on Monday over a temporary shipping arrangement for the Strait of Hormuz.

The IEA now projects global oil demand will fall by 2.5 million barrels a day in 2026, while the EIA lifted its second-half 2026 Brent forecast by $8 to about $90 and sees prices averaging $77 by the second quarter of 2027 as shut-in Gulf production restarts. Global output fell 1.6 million barrels a day in August to 100.1 million, with more than 10 million barrels a day of Gulf capacity offline and inventories down 507 million barrels since the war began.

Refined products are tighter than crude: refinery runs in August were 81.4 million barrels a day, 4.2 million below a year earlier, pushing Atlantic Basin margins to records and tanker earnings to extremes. Valero, Marathon Petroleum, Phillips 66, Frontline and Equinor disclosures illustrate the squeeze in refining and shipping that is amplifying price moves.

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Marathon Petroleum (NYSE: MPC) reported second-quarter 2026 net income attributable to MPC of $5.1 billion, or $17.73 per diluted share, up from $1.2 billion, or $3.96, a year earlier. Adjusted EBITDA rose to $8.5 billion from $3.3 billion.

Refining & Marketing adjusted EBITDA increased to $6.7 billion, with margin of $36.33 per barrel and 94% crude utilization on 2.9 million bpd throughput, driven by higher crack spreads. Midstream adjusted EBITDA was $1.8 billion, and Renewable Diesel improved to $258 million from a loss. MPC ended June 30, 2026 with $7.8 billion in cash and no revolver borrowings, returning over $2.8 billion to shareholders and retaining $6.1 billion of share repurchase authorization. The company outlined a 2026 capital outlook of $1.5 billion (ex-MPLX) and MPLX increased 2026 growth capital to $2.9 billion, supporting an expected 12.5% annual distribution growth in 2026 and 2027.

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Marathon Petroleum (NYSE: MPC) announced that its board of directors has declared a quarterly cash dividend of $1.00 per share on its common stock. The dividend will be payable on September 10, 2026 to shareholders of record as of the close of business on August 19, 2026.

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Marathon Petroleum (NYSE:MPC) will host a conference call on Tuesday, August 4, 2026, at 11 a.m. EDT to discuss its 2026 second‑quarter financial results. The live webcast, replay, earnings release, and other investor materials will be accessible on www.marathonpetroleum.com.

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Marathon Petroleum (NYSE:MPC) appointed Brian Worthington as vice president, Investor Relations, succeeding Kristina Kazarian, who becomes vice president, Finance and Treasurer, effective May 25, 2026.

Both will report to CFO Maria Khoury and will also serve in corresponding roles at MPLX (NYSE:MPLX).

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Marathon Petroleum (NYSE: MPC) reported first-quarter 2026 net income attributable to MPC of $511 million ($1.73 per diluted share) and adjusted net income of $487 million ($1.65 per diluted share). Cash from operations was $1.1 billion and adjusted EBITDA was $2.8 billion.

The company returned over $1.0 billion of capital in 1Q26 and the Board approved an incremental $5 billion share repurchase authorization. Key projects: Garyville jet flex online (1Q26); El Paso FCC upgrade targeted 2Q26; Robinson jet project targeted 3Q26. MPC targets $1.5 billion 2026 capex (ex-MPLX) and MPLX growth is expected to support ~12.5% annual distribution growth to MPC in 2026–2027.

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Marathon Petroleum (NYSE: MPC) declared a quarterly dividend of $1.00 per share. The dividend is payable June 10, 2026 to shareholders of record at the close of business on May 20, 2026.

Record and payment dates govern eligibility and timing for receipt of the cash dividend.

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Marathon Petroleum (NYSE: MPC) will report first-quarter 2026 financial results and host a conference call on May 5, 2026 at 11:00 a.m. EDT. Interested parties can listen via MPC's investor website; a replay will be available online for two weeks.

Financial materials, including the earnings release and investor documents, will be posted on MPC's website prior to the webcast.

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Marathon Petroleum (NYSE: MPC) reported strong 2025 results with Q4 net income $1.5B ($5.12/sh) and adjusted Q4 net income $1.2B ($4.07/sh). Full‑year 2025 net income was $4.0B ($13.22/sh) and adjusted EBITDA totaled $11.96B. Refining utilization averaged 94–95% with margin capture ~105%. Cash from operations was $8.3B, enabling $4.5B of capital returns in 2025. 2026 standalone capex outlook is $1.5B; MPLX capex outlook is $2.7B with multiple Permian–Gulf Coast pipeline and processing projects scheduled 2026–2029.

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FAQ

What is the current stock price of MARATHON PETROLEUM (MPC)?

The current stock price of MARATHON PETROLEUM (MPC) is $390.95 as of September 24, 2026.

What is the market cap of MARATHON PETROLEUM (MPC)?

The market cap of MARATHON PETROLEUM (MPC) is approximately 109.8B.