MPC · 8-K · 20260804PR000060

Renewable Diesel Performance

Marathon Petroleum Corp · 2026-08-04 · Importance 45 · Surprise 64

Renewable Diesel segment adjusted EBITDA increased to $258 million from a $19 million loss in the second quarter of 2025. Renewable Diesel margin increased to $321 million from $49 million, while operating costs rose to $74 million from $66 million and distribution costs rose to $32 million from $25 million. The improvement reflected stronger margins, higher throughputs and improved regulatory credit values. Six-month segment adjusted EBITDA increased to $296 million from a $61 million loss.

Key facts

• Renewable Diesel segment adjusted EBITDA for three months ended June 30, 2026: $258 million source
• The six months ended June 30, 2026 excludes $62 million of funding to the Martinez Renewables JV due to turnaround costs expected to be recovered through subsequent distributions from the JV during 2026 source
• Renewable Diesel margin for three months ended June 30, 2026: $321 million and Renewable Diesel segment adjusted EBITDA: $258 million for the same period source
• Renewable Diesel segment adjusted EBITDA for the six months ended June 30, 2026: $296 million source