MPC · 8-K · 20260804PR000060

Capital Expenditure Plan

Marathon Petroleum Corp · 2026-08-04 · Importance 50 · Surprise 42

MPC’s 2026 capital spending outlook, excluding MPLX, is $1.5 billion, with approximately 65% directed to value-enhancing investments and 35% to sustaining operations. The plan includes projects at the Galveston Bay, Robinson, El Paso, and Garyville refineries. El Paso’s yield-improvement project supports specialty gasoline production for the El Paso, Phoenix, and Mexico markets, while Robinson’s product-flexibility project adds approximately 10 thousand barrels per day of jet-fuel capacity. Galveston Bay and Garyville projects scheduled for year-end 2027 are intended to expand ULSD supply, crude throughput, and export gasoline flexibility.