The company said net income attributable to MPC for Q1 2024 was $937 million ($2.58 per diluted share), and adjusted EBITDA was $3.3 billion. For Q1 2023, net income was $2.7 billion ($6.09 per diluted share), and adjusted EBITDA was $5.2 billion.

1. 01

   The company said net income attributable to MPC for Q1 2024 was $937 million ($2.58 per diluted share), and adjusted EBITDA was $3.3 billion. For Q1 2023, net income was $2.7 billion ($6.09 per diluted share), and adjusted EBITDA was $5.2 billion.

2. 02

   MPC said it returned about $2.5 billion to shareholders in Q1 2024, consisting of $2.2 billion in share repurchases and $299 million in dividends. The company also said its Board of Directors approved an incremental $5 billion share repurchase authorization, and that about $8.8 billion remains available under its share repurchase authorizations.

3. 03

   Marathon Petroleum said it had $7.6 billion of cash, cash equivalents and short-term investments as of March 31, 2024, and $5 billion available under its bank revolving credit facility.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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