Every 10-Q that Marathon Pete Corp (MPC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow MPC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MPC filings page.
Marathon Petroleum reported much stronger Q1 2026 results, returning to profitability. Total revenues and other income rose to $34.6 billion from $31.9 billion a year earlier, helped by higher refining margins and stable product demand.
Net income attributable to MPC swung to $511 million, or $1.73 per diluted share, from a loss of $74 million, or $(0.24) per share, in Q1 2025. Segment adjusted EBITDA increased to $3.0 billion, led by Refining & Marketing, which saw EBITDA rise to $1.38 billion as global product prices improved despite derivative losses.
Operating cash flow improved sharply to $1.1 billion, compared with a small outflow in the prior-year quarter, while consolidated capital expenditures were $1.0 billion. MPC repurchased 4 million shares for $750 million at an average price of $213.45 and ended the quarter with $2.2 billion in cash and total debt of $33.3 billion. The board later approved an additional $5.0 billion share repurchase authorization.
Marathon Petroleum (MPC) reported Q3 2025 results. Sales and other operating revenues were $34.809 billion versus $35.107 billion a year ago. Income from operations was $2.713 billion. Net income attributable to MPC rose to $1.370 billion (diluted EPS $4.51) from $622 million (EPS $1.87) in Q3 2024.
Segment adjusted EBITDA totaled $3.415 billion, including Refining & Marketing $1.762 billion, Midstream $1.709 billion, and Renewable Diesel $(56) million. Long‑term debt was $31.232 billion at September 30, 2025, up from $24.432 billion at year‑end.
MPLX closed the $2.4 billion Northwind Midstream acquisition and purchased the remaining 55% of BANGL for $703 million plus up to $275 million in contingent consideration, recognizing a $484 million gain on the previously held stake. MPLX also agreed to divest Rockies gathering and processing for $1.0 billion, with an estimated gain in excess of $150 million at closing. MPC repurchased 3 million shares for $650 million in Q3 and had $5.38 billion remaining under share repurchase authorizations.