Quarterly ResultAug 4, 2026, 06:52 AM
Marathon Petroleum Q2 Net Income $5.1B; EPS $17.73
AI Summary
Marathon Petroleum reported strong second-quarter 2026 financial results, with net income attributable to MPC reaching $5.1 billion, or $17.73 per diluted share, significantly up from $1.2 billion and $3.96 per diluted share in Q2 2025. Adjusted EBITDA also saw a substantial increase to $8.5 billion from $3.3 billion year-over-year. The company returned $2.8 billion to shareholders and advanced its strategic capital investments, including completing two refining projects and increasing MPLX's growth capital spending outlook to $2.9 billion for 2026.
Key Highlights
- Net income attributable to MPC was $5.1 billion, up from $1.2 billion YoY.
- Diluted EPS rose to $17.73, compared to $3.96 in Q2 2025.
- Adjusted EBITDA reached $8.5 billion, a significant increase from $3.3 billion.
- Returned $2.8 billion of capital to shareholders in Q2 2026.
- Refining & Marketing segment adjusted EBITDA was $6.7 billion.
- MPLX increased 2026 growth capital spending by $500 million to $2.9 billion.
- Completed El Paso and Robinson yield-enhancing refining investments in Q2 2026.
Price Impact
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