Marathon Pete Corp Stock Price, News & Analysis

Marathon Petroleum (NYSE: MPC) reported Q2 2025 net income of $1.2 billion ($3.96 per diluted share), down from $1.5 billion in Q2 2024. The company achieved $3.3 billion in adjusted EBITDA, with strong refining performance showing 97% utilization and 105% margin capture.

Key developments include MPLX's $2.375 billion acquisition of Northwind Midstream in the Permian basin and MPC's $425 million divestiture of ethanol production facilities. The company returned $1.0 billion to shareholders, including $692 million in share repurchases. Significant capital projects are underway at Los Angeles, Robinson, and Galveston Bay refineries, with expected returns of 20-25%.

The Refining & Marketing segment generated $1.9 billion in adjusted EBITDA, while Midstream contributed $1.6 billion. The company maintained strong liquidity with $1.7 billion in cash and no borrowings under its $5 billion credit facility.

[ "Strong operational performance with 97% refining utilization and 105% margin capture", "Strategic $2.375 billion Northwind Midstream acquisition expanding Permian presence", "$1.0 billion returned to shareholders in Q2", "High-return capital projects (20-25% returns) at multiple refineries", "Successful $425 million divestiture of ethanol production facilities", "Strong liquidity position with $1.7 billion cash and $5 billion available credit facility" ]

Marathon Petroleum (NYSE:MPC) has announced its latest quarterly dividend. The company's board of directors has declared a dividend of $0.91 per share on common stock. Shareholders of record as of August 20, 2025 will receive the dividend payment on September 10, 2025.

Marathon Petroleum Corp (NYSE: MPC) has announced it will release its second-quarter 2025 financial results on August 5, 2025. The company will host a conference call at 11 a.m. EDT on the same day to discuss the quarterly performance. Investors and interested parties can access the conference call through MPC's website at www.marathonpetroleum.com. The earnings release and other investor materials will be available on the company's website before the call. For those unable to attend live, a replay of the webcast will remain accessible on MPC's website for two weeks following the event.

MPLX reported strong Q1 2025 financial results with net income of $1.1 billion, up from $1 billion in Q1 2024. The company achieved 7% year-over-year adjusted EBITDA growth to $1.8 billion, with distributable cash flow of $1.5 billion. Key highlights include the strategic acquisition of remaining 55% stake in BANGL LLC for $715 million and FID of the Traverse natural gas pipeline. The company's Crude Oil segment saw adjusted EBITDA of $1.1 billion, while Natural Gas segment reached $660 million. MPLX announced a quarterly distribution of $0.9565 per unit with 1.5x coverage. The company maintains a strong financial position with $2.5 billion in cash and a leverage ratio of 3.3x, while executing multiple growth projects in the Permian and Marcellus basins.

Marathon Petroleum Corp (NYSE: MPC) reported a net loss of $74 million ($0.24 per share) in Q1 2025, compared to net income of $937 million in Q1 2024. The company achieved $2.0 billion in adjusted EBITDA, down from $3.3 billion year-over-year. The quarter featured extensive planned maintenance, with the Midstream segment showing strong performance with an 8% increase in adjusted EBITDA. Key financials include: - Refining & Marketing: $489M adjusted EBITDA (down from $2.0B) - Midstream: $1.7B adjusted EBITDA (up from $1.6B) - Renewable Diesel: -$42M adjusted EBITDA (improved from -$90M) MPC returned $1.3 billion to shareholders, including $1.1B in share repurchases. The company maintains strong liquidity with $3.8B cash and announced strategic expansions including BANGL Pipeline acquisition ($715M) and new Traverse Pipeline project.

Marathon Petroleum (NYSE: MPC) has announced its latest quarterly dividend payment. The company's board of directors has declared a dividend of $0.91 per share on common stock.

Key details of the dividend announcement:

• Payment Date: June 10, 2025
• Record Date: May 21, 2025 (close of business)
• Dividend Amount: $0.91 per share

This dividend announcement from the Findlay, Ohio-based company represents a continued commitment to delivering shareholder value through regular dividend distributions.

Pegasus Tech Ventures announces a Startup Pitch Contest during San Francisco Climate Week on April 23, 2025, focusing on emerging energy solutions. The event, cosponsored by Marathon Petroleum (NYSE: MPC), will showcase innovative startups in energy modernization, supply chain optimization, AI/ML, and climate technologies.

The winning startup will advance to the Startup World Cup Grand Finale in Silicon Valley on October 17, 2025, competing against 100+ regional champions for a $1,000,000 investment. The collaboration between Marathon Petroleum and Pegasus Tech Ventures aims to identify and invest in emerging technology companies within the energy landscape, supporting MPC's commitment to innovation and sustainability.

Marathon Petroleum Corp (NYSE: MPC) has announced it will release its 2025 first-quarter financial results on Tuesday, May 6, 2025. The company will host a conference call at 11 a.m. EDT on the same day to discuss the quarterly performance.

Investors and interested parties can access the conference call through MPC's website. The earnings release and other investor materials will be available online before the call. A replay of the webcast will remain accessible on the company's website for two weeks following the event.

Marathon Petroleum (NYSE: MPC) has announced pricing for a $2.0 billion senior notes offering, comprising $1.1 billion of 5.15% senior notes due 2030 and $900 million of 5.70% senior notes due 2035. The proceeds will be used to repay the company's outstanding $1.25 billion of 4.700% senior notes due May 2025 and for general corporate purposes.

The offering is expected to close on February 10, 2025, subject to customary conditions. Wells Fargo Securities, Citigroup Global Markets, and MUFG Securities Americas are serving as joint book-running managers for the offering.