Marathon Petroleum reports record third-quarter earnings and boosts shareholder returns
Filed with the SEC on · Summarized by InvestorsBot
Marathon Petroleum reported third-quarter 2026 net income attributable to MPC of $7.4 billion, or $26.59 per diluted share, compared with $1.4 billion in the year-ago quarter; adjusted EBITDA rose to $11.7 billion from $3.2 billion. The company returned $3.3 billion to shareholders, raised its quarterly dividend 10%, added $5 billion to its repurchase authorization, and announced a $4.2 billion sale of its St. Paul Park and Mandan refineries and related midstream assets, expected to close by year-end 2026.