Marathon Petroleum Corp. to host 2026 annual meeting of shareholders

Rhea-AI Summary

Marathon Petroleum (NYSE: MPC) will hold its 2026 annual meeting of shareholders on April 29, 2026 at 10:00 a.m. ET in a virtual-only format via live webcast. Shareholders of record as of March 3, 2026 are entitled to notice and to vote.

The proxy statement will provide details on how shareholders may access, participate in the virtual meeting, and vote.

News Market Reaction – MPC

+0.41%

+0.41% Session close to close

In the Feb 2 session, MPC gained 0.41%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement schedules Marathon Petroleum’s 2026 annual shareholders’ meeting for April 29, 202...

Analysis

This announcement schedules Marathon Petroleum’s 2026 annual shareholders’ meeting for April 29, 2026 at 10 a.m. ET in a virtual-only format, with a record date of March 3, 2026. It follows recent governance changes, including a new chairman and CFO appointments in late 2025. Investors may focus more on operational and financial metrics, such as Q3 2025 EPS of $4.51 and long-term debt of $31.232 billion, as future filings and the proxy statement provide additional detail.

Key Figures

Annual meeting date: April 29, 2026 Meeting time: 10 a.m. ET Record date: March 3, 2026 +5 more

8 metrics

Annual meeting date April 29, 2026 Scheduled date for 2026 annual shareholders’ meeting

Meeting time 10 a.m. ET Start time for virtual annual meeting webcast

Record date March 3, 2026 Shareholders of record entitled to vote at meeting

Q3 2025 revenue $34.809 billion Q3 2025 sales and other operating revenues vs $35.107B prior year

Q3 2025 net income $1.370 billion Net income attributable to MPC in Q3 2025

Q3 2025 diluted EPS $4.51 Q3 2025 diluted EPS vs $1.87 in Q3 2024

Long-term debt $31.232 billion Long-term debt at Sept. 30, 2025, up from $24.432B at year-end

Q3 2025 share repurchases 3 million shares for $650 million Shares repurchased and cash spent in Q3 2025

Historical Context

5 past events · Latest: Jan 05 (Neutral)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Jan 05	Earnings call scheduled	Neutral	+5.9%	Set date and webcast details for Q4 and full-year 2025 results.
Jan 05	Earnings call scheduled	Neutral	+5.9%	Repeated notice on timing and access to earnings call webcast.
Dec 18	CFO appointment	Positive	-3.7%	Named Maria A. Khoury as EVP and CFO, effective January 2026.
Dec 18	CFO appointment	Positive	-3.7%	Repeated announcement detailing finance leadership transition to new CFO.
Nov 04	Chairman transition	Neutral	-6.1%	Board elected Maryann T. Mannen as chairman as prior chairman retired.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent governance and leadership headlines often saw negative reactions, while scheduling the earnings release coincided with a positive move.

Recent Company History

Over the last few months, Marathon Petroleum reported several governance and leadership developments. An announcement on Nov. 4, 2025 that Maryann T. Mannen would become chairman and that Michael J. Hennigan would retire saw a -6.13% reaction. On Dec. 18, 2025, naming Maria A. Khoury as CFO corresponded with a -3.66% move. In contrast, the Jan. 5, 2026 notice setting the Feb. 3, 2026 earnings date aligned with a +5.93% gain. Today’s annual meeting notice fits into this stream of corporate governance updates rather than operational changes.

Key Terms

virtual-only format, live webcast, shareholders of record, proxy statement

4 terms

virtual-only format technical

"will take place April 29, 2026, at 10 a.m. ET in a virtual-only format via live webcast"

An event or meeting held entirely online with no physical location, where participants join via video or web platforms much like choosing a video call instead of meeting in a conference room. For investors this matters because it changes how shareholders access information, ask questions, and cast votes—potentially increasing convenience and lowering costs but also raising concerns about technical access, participation fairness, and the transparency of interactions.

live webcast technical

"in a virtual-only format via live webcast"

A live webcast is a real-time online broadcast of an event, like a company announcement or a presentation, streamed directly over the internet. It allows viewers from anywhere to watch and listen as the event happens, similar to a live TV show you can access through your computer or phone. This makes important information quickly available to a wide audience without needing to be there in person.

shareholders of record financial

"Shareholders of record as of March 3, 2026, are entitled to notice"

Shareholders of record are the people officially listed as owners of a company's stock on a specific date. This matters because only these shareholders are entitled to receive dividends or vote at company meetings. It's like being on the official guest list for a party—you get to enjoy the perks and have a say.

proxy statement regulatory

"The company's proxy statement will include additional information"

A proxy statement is a document companies send to shareholders ahead of a meeting that lays out the items up for a vote—like who will sit on the board, executive pay, and major corporate decisions—and provides background so shareholders can decide how to cast their votes or appoint someone to vote for them. Think of it as an agenda plus a ballot and briefing notes, important because the outcomes can change control, strategy, and value.

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AI-generated analysis. How Rhea-AI works. Not financial advice.

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FINDLAY, Ohio, Jan. 30, 2026 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) announced today that its annual meeting of shareholders will take place April 29, 2026, at 10 a.m. ET in a virtual-only format via live webcast. Shareholders of record as of March 3, 2026, are entitled to notice of and to vote at the annual meeting. The company's proxy statement will include additional information regarding how shareholders may access and participate in the virtual annual meeting.

About Marathon Petroleum Corporation

Marathon Petroleum Corporation (MPC) is a leading, integrated, downstream and midstream energy company headquartered in Findlay, Ohio. The company operates the nation's largest refining system. MPC's marketing system includes branded locations across the United States, including Marathon brand retail outlets. MPC also owns the general partner and majority limited partner interest in MPLX LP, a midstream company that owns and operates gathering, processing, and fractionation assets, as well as crude oil and light product transportation and logistics infrastructure. More information is available at www.marathonpetroleum.com.

Investor Relations Contacts: (419) 421-2071
Kristina Kazarian, Vice President Finance and Investor Relations
Brian Worthington, Senior Director, Investor Relations
Alyx Teschel, Director, Investor Relations

Media Contact: (419) 421-3577
Jamal Kheiry, Communications Manager

View original content:https://www.prnewswire.com/news-releases/marathon-petroleum-corp-to-host-2026-annual-meeting-of-shareholders-302675468.html

SOURCE Marathon Petroleum Corporation

FAQ

When is Marathon Petroleum's (MPC) 2026 annual meeting and what format will it use?

The meeting is scheduled for April 29, 2026 at 10:00 a.m. ET and will be virtual-only. According to Marathon Petroleum, the meeting will be accessible via a live webcast and no in-person attendance will be held.

Who is eligible to vote at Marathon Petroleum's (MPC) April 29, 2026 annual meeting?

Shareholders of record as of March 3, 2026 are eligible to vote at the meeting. According to Marathon Petroleum, those shareholders will receive notice and voting instructions in the proxy materials.

How can MPC shareholders access the virtual webcast and participate in the 2026 meeting?

Shareholders can access the meeting via the company's live webcast using instructions in the proxy statement. According to Marathon Petroleum, the proxy will include detailed access and participation steps prior to the meeting.

When will the proxy statement for Marathon Petroleum (MPC) include voting and access details?

The proxy statement will be released ahead of the meeting and will include voting and access instructions. According to Marathon Petroleum, the proxy materials will explain how to vote and join the virtual webcast.

What should a shareholder do if they need to vote but are not the shareholder of record on March 3, 2026?

If not a shareholder of record on March 3, 2026, you generally cannot vote at the meeting. According to Marathon Petroleum, beneficial owners should contact their broker or review proxy materials for possible voting options.