MPC · 10-Q · 2026Q2 · Full report
Operating Cash Flow Trends
Marathon Petroleum Corp · 2026-08-04 · Importance 46 · Surprise 56 · No source text
Operating cash flow increased $8.87 billion in the first six months of 2026 compared with the first six months of 2025. The improvement primarily reflected stronger operating results and a favorable $4.23 billion change in working capital. Working capital excluding short-term debt provided $3.19 billion of cash in 2026, versus a $1.04 billion use of cash in 2025, driven largely by energy commodity prices and volumes.
Key facts
- Net cash provided by operating activities increased $8.87 billion in the first six months of 2026 compared to the first six months of 2025. source
- Net cash provided by operating activities for the six months ended June 30, 2026 was $11,448 million. source
- Net cash provided by operating activities for the six months ended June 30, 2025 was $2,575 million. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | realized | +9.4% | Net cash provided by operating activities increased $8.87 billion in the first six months of 2026 compared to the first six months of 2025. |
| cash | positive | realized | — | Net cash provided by operating activities for the six months ended June 30, 2026 was $11,448 million. |