Marathon Petroleum Reports Q1 2024 Results
Ticker: MPC · Form: 10-Q · Filed: 2024-04-30T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, earnings, financials
Related Tickers: MPC
TL;DR
MPC Q1 2024 results are in. Check the 10-Q for details.
AI Summary
Marathon Petroleum Corp. reported its first quarter 2024 results, ending March 31, 2024. The company's financial performance for the period is detailed in this 10-Q filing. Specific financial figures and operational highlights for the quarter are provided within the document.
Why It Matters
This filing provides investors with the latest financial performance data for Marathon Petroleum, crucial for understanding the company's current health and future prospects in the energy sector.
Risk Assessment
Risk Level: low — This is a standard quarterly financial filing with no immediate red flags.
Key Players & Entities
- Marathon Petroleum Corp (company) — Filer of the 10-Q
- 20240331 (date) — End of the reporting period
- 20240430 (date) — Filing date
FAQ
What is the reporting period for this 10-Q filing?
The reporting period is for the quarter ended March 31, 2024.
When was this 10-Q filed with the SEC?
This 10-Q was filed on April 30, 2024.
What is Marathon Petroleum Corp's Central Index Key?
Marathon Petroleum Corp's Central Index Key is 0001510295.
What is Marathon Petroleum Corp's IRS number?
Marathon Petroleum Corp's IRS number is 271284632.
In which state was Marathon Petroleum Corp incorporated?
Marathon Petroleum Corp was incorporated in Delaware (DE).
From the Filing
0001510295-24-000047.txt : 20240430 0001510295-24-000047.hdr.sgml : 20240430 20240430130156 ACCESSION NUMBER: 0001510295-24-000047 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 135 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240430 DATE AS OF CHANGE: 20240430 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Marathon Petroleum Corp CENTRAL INDEX KEY: 0001510295 STANDARD INDUSTRIAL CLASSIFICATION: PETROLEUM REFINING [2911] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 271284632 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-35054 FILM NUMBER: 24895713 BUSINESS ADDRESS: STREET 1: 539 SOUTH MAIN STREET CITY: FINDLAY STATE: OH ZIP: 45840-3229 BUSINESS PHONE: 419-422-2121 MAIL ADDRESS: STREET 1: 539 SOUTH MAIN STREET CITY: FINDLAY STATE: OH ZIP: 45840-3229 10-Q 1 mpc-20240331.htm 10-Q mpc-20240331 0001510295 12/31 2024 Q1 FALSE P5Y http://fasb.org/us-gaap/2023#CostOfGoodsAndServicesSold http://fasb.org/us-gaap/2023#CostOfGoodsAndServicesSold http://fasb.org/us-gaap/2023#CostOfGoodsAndServicesSold http://fasb.org/us-gaap/2023#CostOfGoodsAndServicesSold 0001510295 2024-01-01 2024-03-31 0001510295 2024-04-26 xbrli:shares iso4217:USD 0001510295 2023-01-01 2023-03-31 iso4217:USD xbrli:shares 0001510295 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetGainLossIncludingPortionAttributableToNoncontrollingInterestMember 2024-01-01 2024-03-31 0001510295 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetGainLossIncludingPortionAttributableToNoncontrollingInterestMember 2023-01-01 2023-03-31 0001510295 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetPriorServiceIncludingPortionAttributableToNoncontrollingInterestMember 2024-01-01 2024-03-31 0001510295 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetPriorServiceIncludingPortionAttributableToNoncontrollingInterestMember 2023-01-01 2023-03-31 0001510295 mpc:AccumulatedGainLossOtherMember 2024-01-01 2024-03-31 0001510295 mpc:AccumulatedGainLossOtherMember 2023-01-01 2023-03-31 0001510295 2024-03-31 0001510295 2023-12-31 0001510295 2022-12-31 0001510295 2023-03-31 0001510295 us-gaap:CommonStockMember 2023-12-31 0001510295 us-gaap:TreasuryStockCommonMember 2023-12-31 0001510295 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0001510295 us-gaap:RetainedEarningsMember 2023-12-31 0001510295 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0001510295 us-gaap:NoncontrollingInterestMember 2023-12-31 0001510295 mpc:RedeemableNoncontrollingInterestMember 2023-12-31 0001510295 us-gaap:RetainedEarningsMember 2024-01-01 2024-03-31 0001510295 us-gaap:NoncontrollingInterestMember 2024-01-01 2024-03-31 0001510295 mpc:RedeemableNoncontrollingInterestMember 2024-01-01 2024-03-31 0001510295 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-03-31 0001510295 us-gaap:TreasuryStockCommonMember 2024-01-01 2024-03-31 0001510295 us-gaap:CommonStockMember 2024-01-01 2024-03-31 0001510295 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-03-31 0001510295 us-gaap:CommonStockMember 2024-03-31 0001510295 us-gaap:TreasuryStockCommonMember 2024-03-31 0001510295 us-gaap:AdditionalPaidInCapitalMember 2024-03-31 0001510295 us-gaap:RetainedEarningsMember 2024-03-31 0001510295 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-03-31 0001510295 us-gaap:NoncontrollingInterestMember 2024-03-31 0001510295 mpc:RedeemableNoncontrollingInterestMember 2024-03-31 0001510295 us-gaap:CommonStockMember 2022-12-31 0001510295 us-gaap:TreasuryStockCommonMember 2022-12-31 0001510295 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001510295 us-gaap:RetainedEarningsMember 2022-12-31 0001510295 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001510295 us-gaap:NoncontrollingInterestMember 2022-12-31 0001510295 mpc:RedeemableNoncontrollingInterestMember 2022-12-31 0001510295 us-gaap:RetainedEarningsMember 2023-01-01 2023-03-31 0001510295 us-gaap:NoncontrollingInterestMember 2023-01-01 2023-03-31