Recent Updates — MPC
Marathon Petroleum Corporation reported second-quarter 2026 financial results on August 4, 2026. Net income attributable to MPC was $5.1 billion, or $17.73 per diluted share, compared to $1.2 billion, or $3.96 per diluted share, in the prior-year period. Adjusted EBITDA reached $8.5 billion, up from $3.3 billion in Q2 2025. The company returned over $2.8 billion of capital to shareholders during the quarter and has $6.1 billion remaining under its share repurchase authorization. Marathon Petroleum operates as a leading integrated downstream and midstream energy company, operating the nation's largest refining system and owning a majority interest in MPLX LP.
Marathon Petroleum Corporation informed the board of the passing of director Abdulaziz F. Alkhayyal, who served on the board since 2016 and was a member of the Compensation and Organization Development Committee and the Sustainability and Public Policy Committee. Marathon Petroleum Corporation is an energy company that refines and markets products.