MPC · News · 20260804N
Capital Expenditure Program
Marathon Petroleum Corp · 2026-08-04 · Importance 58 · Surprise 42 · In source text
MPC plans approximately $1.5 billion of 2026 capital investment excluding MPLX. MPLX increased its 2026 growth-capital outlook to $2.9 billion to expand its natural-gas and NGL value chain. El Paso and Robinson yield-enhancing refinery investments came online in the second quarter, and MPLX expects these projects to support 12.5% annual distribution growth in 2026 and 2027.
Key facts
- Marathon plans to invest $1.5 billion in capital (excluding MPLX) in 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | committed | — | Marathon plans to invest $1.5 billion in capital (excluding MPLX) in 2026. |
| cash | negative | committed | — | Marathon plans to invest $1.5 billion in capital (excluding MPLX) in 2026. |