Filings monitor · MPC

What Marathon Petroleum Corp's SEC filings said

10-Q for 2026Q3, filed 3 Nov 2026, and 1 8-K since. Each line is something a filing stated, ranked by score and linked to its source.

Ranked highest

1. Liquidity and Cash Position69 · importance in its document · 10-Q · 2026Q3
   Consolidated cash and cash equivalents were approximately $12.81 billion at September 30, 2026, compared with $3.67 billion at December 31, 2025. Operating cash flow for the first nine months of 2026 was $22.180 billion, versus $5.184…
2. Revenue Performance and Mix69 · importance in its document · 8-K exhibit · 3 Nov 2026
   Third-quarter 2026 sales and other operating revenues were $56.032 billion, up 61.0% from $34.809 billion in the third quarter of 2025; total revenues and other income increased to $56.487 billion from $35.849 billion. Nine-month sales…
3. Net Income and Profitability69 · importance in its document · 8-K exhibit · 3 Nov 2026
   Third-quarter 2026 net income attributable to MPC was $7.447 billion, or $26.59 per diluted share, compared with $1.370 billion, or $4.51, a year earlier. Adjusted net income was $7.541 billion, or $26.93 per diluted share, compared with…
4. Capital Expenditure Program64 · importance in its document · 10-Q · 2026Q3
   Total capital expenditures were $3.357 billion in the first nine months of 2026, compared with $2.410 billion in the first nine months of 2025. Total capital expenditures and investments reached $4.082 billion, up from $3.231 billion a…
5. Refining Margin Trends63 · importance in its document · 10-Q · 2026Q3
   Refining & Marketing margin was $45.70 per barrel in the third quarter of 2026, compared with $17.60 per barrel in the third quarter of 2025, primarily reflecting higher crack spreads. The blended 3-2-1 crack spread increased to $48.67…

Ranked by score, 0–100. A topic read from a document carries its importance within that document; an 8-K event carries the rule score that ranks a filing among filings. Neither is about the share price, and the two scales are named on each row because they are not the same measure.

Latest report: 10-Q · 2026Q3 filed 3 Nov 2026

Full report · Filing on EDGAR

• Liquidity and Cash PositionImportance 69
  Consolidated cash and cash equivalents were approximately $12.81 billion at September 30, 2026, compared with $3.67 billion at December 31, 2025. Operating cash flow for the first nine months of 2026 was $22.180…
• Revenue Performance and MixImportance 64
  Third-quarter 2026 total revenues and other income were $56.487 billion, up $20.638 billion year over year; nine-month revenues were $143.392 billion, up $41.592 billion. The increases mainly reflected higher Refining…
• Capital Expenditure ProgramImportance 64
  Total capital expenditures were $3.357 billion in the first nine months of 2026, compared with $2.410 billion in the first nine months of 2025. Total capital expenditures and investments reached $4.082 billion, up from…
• Refining Margin TrendsImportance 63
  Refining & Marketing margin was $45.70 per barrel in the third quarter of 2026, compared with $17.60 per barrel in the third quarter of 2025, primarily reflecting higher crack spreads. The blended 3-2-1 crack spread…
• Capital Return ProgramImportance 59
  On November 3, 2026, the board authorized an additional $5.0 billion of MPC share repurchases, on top of the $5.0 billion authorization announced May 5, 2026; neither authorization has an expiration date. At September…
• St. Paul Park and Mandan DivestitureImportance 59
  On November 2, 2026, MPC entered a definitive agreement to sell its St. Paul Park, Minnesota, and Mandan, North Dakota, refineries and related midstream assets for $4.2 billion in cash, subject to closing adjustments.…
• Renewable Fuel Compliance CostsImportance 57
  MPC purchases Renewable Identification Numbers (RINs) to meet part of its Renewable Fuel Standard compliance obligations. RIN expenses included in Refining & Marketing margin totaled $1.93 billion in the first nine…
• Income Tax Rate ChangesImportance 57
  MPC recorded a $2.285 billion income tax provision for the third quarter of 2026, compared with $460 million in the third quarter of 2025; the 2026 provision was higher than the U.S. statutory rate. For the first nine…
• Outstanding IndebtednessImportance 50
  Long-term debt borrowings and repayments provided a net $72 million of cash in the first nine months of 2026, compared with a net $4.65 billion source in 2025. MPLX issued $3.75 billion of senior notes and repaid $2.75…
• Strategic Petroleum Reserve ExchangeImportance 46
  In the first and second quarters of 2026, the U.S. Department of Energy accepted MPC’s bids to exchange crude oil barrels with the Strategic Petroleum Reserve. The SPR delivered approximately 21 million barrels to MPC…
• Renewable Diesel ProfitabilityImportance 40
  Renewable Diesel gross margin was negative $123 million in the third quarter of 2026, compared with negative $338 million in the third quarter of 2025. Renewable Diesel margin includes sales revenue and qualifying…
• Middle East Conflict ImpactImportance 38
  In the third quarter of 2026, global crude oil supply disruptions from increasing regional conflicts, particularly in the Middle East and Russia, contributed to higher product prices. Management expects global demand…

8-K filings last 12 months

• Results, no stated guidance change3 Nov 2026 · 8-K Item 2.02 · Routine · rule score 10
  Read from the attached exhibit: Revenue Performance and Mix · Net Income and Profitability · Refining Margin Trends
• Board change29 Oct 2026 · 8-K Item 5.02 · Routine · rule score 10
  “On October 28, 2026, the Board of Directors (the “Board”) of Marathon Petroleum Corporation (the “Company”) increased the size of the Board to eleven members and elected David E. Constable as a director of the Company, with such increase…”
• Results (release not read)4 Aug 2026 · 8-K Item 2.02 · Routine · rule score 20
  Read from the attached exhibit: Refining Margin Trends · Revenue Performance and Mix · Liquidity and Debt Position
• Results (release not read)5 May 2026 · 8-K Item 2.02 · Routine · rule score 20
• New debt · Results (release not read)13 Apr 2026 · 8-K Items 1.01, 2.02, 2.03 · Routine · rule score 25
• Results (release not read)3 Feb 2026 · 8-K Item 2.02 · Routine · rule score 20
• Management change (filing not read)18 Dec 2025 · 8-K Item 5.02 · Routine · rule score 20

Earlier reports

• 10-Q · 2026Q2filed 4 Aug 2026
  Capital Return Program · Outstanding Indebtedness · Revenue Performance and Mix

Topics are read from the text of the 10-K, 10-Q or the exhibit attached to an 8-K, each linked to the passage it came from. 8-K events are labelled by fixed rules from the item codes and the filing text — the same rules for every company and every year. The Full Picture merges these with earnings calls and news.