MPC · 10-Q · 2026Q2 · Full report
Clean Fuel Tax Credits
Marathon Petroleum Corp · 2026-08-04 · Importance 34 · Surprise 42 · In source text
MPC recognized approximately $75 million of clean-fuel production tax credits during the first six months of 2026, including $32 million related to 2025 activity. The recognition followed proposed regulatory guidance issued in February 2026 that clarified qualification criteria for Section 45Z credits. The change affected MPC’s 2026 results through other income and items not allocated to reportable segments.
Key facts
- The recognition of 2025 clean fuel production tax credits resulted from proposed regulatory guidance issued in February 2026 which clarified the qualification criteria for 45Z credits. source
- Items not allocated to segments in the first six months of 2026 include recognition of approximately $75 million of clean fuel production tax credits, of which $32 million related to 2025 activity, due to proposed regulatory guidance issued in February 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | realized | — | The recognition of 2025 clean fuel production tax credits resulted from proposed regulatory guidance issued in February 2026 which… |