MPC · 10-Q · 2026Q3 · Full report

Clean Fuel Tax Credits

Marathon Petroleum Corp · 2026-11-03 · Importance 20 · Surprise 24

MPC recorded approximately $82 million of clean fuel production tax credits in the first nine months of 2026, including $32 million related to 2025 activity. The credits followed proposed regulatory guidance issued in February 2026 that clarified qualification criteria for Section 45Z credits. This regulatory guidance enabled recognition of the 2025 credits during 2026.

Key facts

• Marathon Petroleum recognized 2025 clean fuel production tax credits following proposed regulatory guidance issued in February 2026 that clarified qualification criteria for 45Z credits. source
• Marathon Petroleum Corp recognized $32 million of 2025 clean fuel production tax credits in the first nine months of 2026 following proposed regulatory guidance issued in February 2026 clarifying 45Z credit qualification criteria. source
• Marathon Petroleum recorded approximately $82 million of clean fuel production tax credits in the first nine months of 2026, of which $32 million related to 2025 activity. source