
Marathon Petroleum Swings to $511 Million Profit as Refining Margins Surge 32%
Marathon Petroleum CorpDescription
What this story covers
Marathon Petroleum reversed a prior-year loss to post $511 million in net income for Q1 2026. The turnaround was driven by expanded refining margins and a $5.64 billion liquidity fortress, despite $909 million in hedging losses.
Story snapshot
CompanyMarathon Petroleum Corp
TickerMPC
VariantStandard detailed
Duration12:26
Filing type10-Q
PeriodQ1 2026
IndustryEnergy
Accession0001510295-26-000042
Sources1
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