Marathon Petroleum said net income attributable to MPC decreased $299 million in Q2 2025 compared to Q2 2024 and $1.31 billion in the first six months of 2025 compared to the first six months of 2024.

1. 01

   Marathon Petroleum said net income attributable to MPC decreased $299 million in Q2 2025 compared to Q2 2024 and $1.31 billion in the first six months of 2025 compared to the first six months of 2024.

2. 02

   The company said Refining & Marketing segment adjusted EBITDA decreased $132 million in Q2 to $6.79 per barrel, compared to $7.28 per barrel in the prior-year quarter, and decreased $1.63 billion in the first six months to $4.45 per barrel, compared to $7.72 per barrel in the prior-year period.

3. 03

   Marathon Petroleum said it issued $2.0 billion of senior notes on February 10, 2025, which replaced $750 million of notes that matured in September 2024 and were used to repay $1.250 billion of notes that matured on May 1, 2025.

4. 04

   The company said MPLX repaid approximately $656 million (including interest) of debt principal related to borrowings assumed in connection with the BANGL acquisition on July 3, 2025 using cash on hand, and that it plans to fund the Northwind Midstream acquisition through debt financing.

Key figures

Quarter ended June 30, 2025

Revenue

$33.8B

Operating income

$2.2B

Net income

$1.2B

EPS

$3.96

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

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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