Marathon Petroleum Files Q3 2024 10-Q
Ticker: MPC · Form: 10-Q · Filed: 2024-11-05T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, petroleum-refining
TL;DR
MPC's Q3 2024 10-Q is in. Check financials for energy sector insights.
AI Summary
Marathon Petroleum Corp. (MPC) filed its 10-Q for the period ending September 30, 2024. The filing details financial performance and operational updates for the third quarter and the first nine months of the year. Key financial figures and segment performance are presented, reflecting the company's activities in the energy and transportation sectors.
Why It Matters
This filing provides investors and analysts with the latest financial results and operational details for Marathon Petroleum, crucial for understanding the company's performance in the current energy market.
Risk Assessment
Risk Level: low — This is a standard quarterly financial filing with no immediate red flags or significant new risks highlighted.
Key Players & Entities
- Marathon Petroleum Corp. (company) — Filer of the 10-Q
- 20240930 (date) — End of the reporting period
- 20241105 (date) — Filing date
- 539 SOUTH MAIN STREET (address) — Company's business and mailing address
- FINDLAY (city) — Company's location
- OH (state) — Company's location
- 45840-3229 (zip_code) — Company's location
- 419-422-2121 (phone_number) — Company's business phone number
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is September 30, 2024.
When was this 10-Q filed with the SEC?
This 10-Q was filed on November 5, 2024.
What is Marathon Petroleum Corp.'s primary industry classification?
Marathon Petroleum Corp.'s Standard Industrial Classification is PETROLEUM REFINING [2911].
What is the company's fiscal year end?
The company's fiscal year ends on December 31.
What is the company's SEC file number?
The SEC file number for Marathon Petroleum Corp. is 001-35054.
From the Filing
0001510295-24-000079.txt : 20241105 0001510295-24-000079.hdr.sgml : 20241105 20241105133129 ACCESSION NUMBER: 0001510295-24-000079 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 142 CONFORMED PERIOD OF REPORT: 20240930 FILED AS OF DATE: 20241105 DATE AS OF CHANGE: 20241105 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: 241426750 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-20240930.htm 10-Q mpc-20240930 0001510295 12/31 2024 Q3 FALSE P5Y http://fasb.org/us-gaap/2024#CostOfGoodsAndServicesSold http://fasb.org/us-gaap/2024#CostOfGoodsAndServicesSold http://fasb.org/us-gaap/2024#CostOfGoodsAndServicesSold http://fasb.org/us-gaap/2024#CostOfGoodsAndServicesSold http://fasb.org/us-gaap/2024#CostOfGoodsAndServicesSold http://fasb.org/us-gaap/2024#CostOfGoodsAndServicesSold http://fasb.org/us-gaap/2024#CostOfGoodsAndServicesSold http://fasb.org/us-gaap/2024#CostOfGoodsAndServicesSold xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure mpc:Segment iso4217:USD utr:gal utr:bbl 0001510295 2024-01-01 2024-09-30 0001510295 2024-10-31 0001510295 2024-07-01 2024-09-30 0001510295 2023-07-01 2023-09-30 0001510295 2023-01-01 2023-09-30 0001510295 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetGainLossIncludingPortionAttributableToNoncontrollingInterestMember 2024-07-01 2024-09-30 0001510295 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetGainLossIncludingPortionAttributableToNoncontrollingInterestMember 2023-07-01 2023-09-30 0001510295 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetGainLossIncludingPortionAttributableToNoncontrollingInterestMember 2024-01-01 2024-09-30 0001510295 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetGainLossIncludingPortionAttributableToNoncontrollingInterestMember 2023-01-01 2023-09-30 0001510295 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetPriorServiceIncludingPortionAttributableToNoncontrollingInterestMember 2024-07-01 2024-09-30 0001510295 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetPriorServiceIncludingPortionAttributableToNoncontrollingInterestMember 2023-07-01 2023-09-30 0001510295 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetPriorServiceIncludingPortionAttributableToNoncontrollingInterestMember 2024-01-01 2024-09-30 0001510295 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetPriorServiceIncludingPortionAttributableToNoncontrollingInterestMember 2023-01-01 2023-09-30 0001510295 mpc:AccumulatedGainLossOtherMember 2024-07-01 2024-09-30 0001510295 mpc:AccumulatedGainLossOtherMember 2023-07-01 2023-09-30 0001510295 mpc:AccumulatedGainLossOtherMember 2024-01-01 2024-09-30 0001510295 mpc:AccumulatedGainLossOtherMember 2023-01-01 2023-09-30 0001510295 2024-09-30 0001510295 2023-12-31 0001510295 2022-12-31 0001510295 2023-09-30 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 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:TreasuryStockC