Marathon Petroleum Files Q1 2025 10-Q

Ticker: MPC · Form: 10-Q · Filed: 2025-05-06T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, quarterly-filing, petroleum-refining

TL;DR

MPC's Q1 2025 10-Q is in - check financials for the latest on refining & marketing.

AI Summary

Marathon Petroleum Corp. filed its 10-Q for the period ending March 31, 2025. The filing details financial performance and operational updates for the first quarter of 2025. Key financial metrics and segment performance are presented, reflecting the company's activities in the petroleum refining and marketing sector.

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 routine quarterly filing providing standard financial disclosures.

Key Players & Entities

FAQ

What is the reporting period for this 10-Q filing?

The Conformed Period of Report is 20250331, indicating the first quarter of 2025.

When was this 10-Q filed with the SEC?

This 10-Q was filed on 20250506.

What is Marathon Petroleum Corp.'s Standard Industrial Classification code?

Marathon Petroleum Corp.'s SIC code is 2911, which corresponds to PETROLEUM REFINING.

Where is Marathon Petroleum Corp. headquartered?

Marathon Petroleum Corp. is headquartered at 539 SOUTH MAIN STREET, FINDLAY, OH 45840-3229.

What is the SEC file number for Marathon Petroleum Corp.?

The SEC file number for Marathon Petroleum Corp. is 001-35054.

From the Filing

0001510295-25-000039.txt : 20250506 0001510295-25-000039.hdr.sgml : 20250506 20250506130736 ACCESSION NUMBER: 0001510295-25-000039 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 143 CONFORMED PERIOD OF REPORT: 20250331 FILED AS OF DATE: 20250506 DATE AS OF CHANGE: 20250506 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Marathon Petroleum Corp CENTRAL INDEX KEY: 0001510295 STANDARD INDUSTRIAL CLASSIFICATION: PETROLEUM REFINING [2911] ORGANIZATION NAME: 01 Energy & Transportation EIN: 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: 25916400 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-20250331.htm 10-Q mpc-20250331 0001510295 12/31 2025 Q1 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 2025-01-01 2025-03-31 0001510295 2025-04-30 0001510295 2024-01-01 2024-03-31 0001510295 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetGainLossIncludingPortionAttributableToNoncontrollingInterestMember 2025-01-01 2025-03-31 0001510295 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetGainLossIncludingPortionAttributableToNoncontrollingInterestMember 2024-01-01 2024-03-31 0001510295 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetPriorServiceIncludingPortionAttributableToNoncontrollingInterestMember 2025-01-01 2025-03-31 0001510295 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentNetPriorServiceIncludingPortionAttributableToNoncontrollingInterestMember 2024-01-01 2024-03-31 0001510295 mpc:AccumulatedGainLossOtherMember 2025-01-01 2025-03-31 0001510295 mpc:AccumulatedGainLossOtherMember 2024-01-01 2024-03-31 0001510295 2025-03-31 0001510295 2024-12-31 0001510295 2023-12-31 0001510295 2024-03-31 0001510295 us-gaap:CommonStockMember 2024-12-31 0001510295 us-gaap:TreasuryStockCommonMember 2024-12-31 0001510295 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0001510295 us-gaap:RetainedEarningsMember 2024-12-31 0001510295 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-12-31 0001510295 us-gaap:NoncontrollingInterestMember 2024-12-31 0001510295 mpc:RedeemableNoncontrollingInterestMember 2024-12-31 0001510295 us-gaap:RetainedEarningsMember 2025-01-01 2025-03-31 0001510295 us-gaap:NoncontrollingInterestMember 2025-01-01 2025-03-31 0001510295 mpc:RedeemableNoncontrollingInterestMember 2025-01-01 2025-03-31 0001510295 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-01-01 2025-03-31 0001510295 us-gaap:TreasuryStockCommonMember 2025-01-01 2025-03-31 0001510295 us-gaap:CommonStockMember 2025-01-01 2025-03-31 0001510295 us-gaap:AdditionalPaidInCapitalMember 2025-01-01 2025-03-31 0001510295 us-gaap:CommonStockMember 2025-03-31 0001510295 us-gaap:TreasuryStockCommonMember 2025-03-31 0001510295 us-gaap:AdditionalPaidInCapitalMember 2025-03-31 0001510295 us-gaap:RetainedEarningsMember 2025-03-31 0001510295 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2025-03-31 0001510295 us-gaap:NoncontrollingInterestMember 2025-03-31 0001510295 mpc:RedeemableNoncontrollingInterestMember 2025-03-31 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

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