MPC · 10-Q · 2026Q2 · Full report
Renewable Fuel Compliance Costs
Marathon Petroleum Corp · 2026-08-04 · Importance 63 · Surprise 64 · From source text
MPC purchases Renewable Identification Numbers (RINs) to satisfy part of its obligations under the EPA Renewable Fuel Standard (RFS). Purchased RIN expenses included in Refining & Marketing margin increased to $683 million in the second quarter of 2026 from $314 million in the second quarter of 2025. For the first six months of 2026, RIN expenses reached $1.28 billion versus $668 million in the comparable 2025 period, primarily because of higher RIN costs and blending requirements.
Key facts
- RIN expenses included in Refining & Marketing margin were $683 million in the second quarter of 2026 and $314 million in the second quarter of 2025. source
- RIN expenses included in Refining & Marketing margin were $1.28 billion in the first six months of 2026 and $668 million in the first six months of 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | negative | realized | -1.2% | RIN expenses included in Refining & Marketing margin were $1.28 billion in the first six months of 2026 and $668 million in the first six… |
| operating_income | negative | realized | -0.7% | RIN expenses included in Refining & Marketing margin were $683 million in the second quarter of 2026 and $314 million in the second… |