MPC · 8-K · 20260804PR000060

Manufacturing and Capacity

Marathon Petroleum Corp · 2026-08-04 · Importance 18 · Surprise 14 · In source text

MPC operated at 94% crude-capacity utilization in the second quarter, processing 2.798 million barrels per day of crude and 2.944 million barrels per day of net refinery throughput. Total crude capacity was 2.986 million barrels per day, up from 2.963 million barrels per day a year earlier. West Coast crude throughput increased to 515 mbpd from 485 mbpd, while Mid-Continent throughput declined to 1.030 million bpd from 1.165 million bpd, primarily reflecting planned downtime. Refinery product mix shifted toward distillates, with production of 1.131 million bpd versus 1.117 million bpd, while gasoline output declined to 1.439 million bpd from 1.526 million bpd.

Key facts

Impact estimates

metricdirectionstageexpectedbasis
assetspositiveprobableGalveston Bay Distillate Hydrotreater: 90 mbpd hydrotreater expected in-service YE27
assetspositiveprobableGaryville Feedstock Optimization increases crude throughput by 30 mbpd, expected in-service YE27
assetspositiveprobableGaryville Product Export Flexibility increases yield flexibility to produce an incremental 10 mbpd of export premium gasoline, expected…
revenuepositiveprobableRobinson product flexibility investment enables approximately 10 thousand barrels per day of incremental jet fuel production
assetspositiverealizedEl Paso yield improvement and Robinson product flexibility investments were placed in service in the second quarter of 2026