Marathon Petroleum Q2 FY26 net income more than doubled to USD 5.1 billion

(AWP Alliance News) - Marathon Petroleum reported second-quarter net income attributable to MPC of USD 5.1 billion, or USD 17.73 per diluted share, more than quadrupling from a year earlier. Adjusted EBITDA rose to USD 8.5 billion from USD 3.3 billion.

Refining & Marketing segment adjusted EBITDA climbed to USD 6.7 billion from USD 1.9 billion as margin widened to USD 36.33 per barrel from USD 17.58 per barrel. Midstream segment adjusted EBITDA increased to USD 1.8 billion from USD 1.6 billion, while Renewable Diesel swung to an adjusted EBITDA profit of USD 258 million from a loss of USD 19 million.

The company returned USD 2.8 billion of capital during the quarter, and said its El Paso yield improvement and Robinson product flexibility investments were placed in service.

https://www.prnewswire.com/news-releases/marathon-petroleum-corp-report…

Disclaimer: This news brief was created using generative artificial intelligence. Marathon Petroleum Corporation published the original content used to generate this news brief via PR Newswire on August 04, 2026, and is solely responsible for the information contained therein.