MPC · Marathon Petroleum Corp · Webcasts, Transcripts & Audio
$414.65
+1.80 (+0.44%)
At close · Nov 13
Return incl. dividend (before tax)
Play latest call
Q3 2026 earnings call transcript
Market Cap
$112.90B
Shares
272.28M
Volume · Nov 13
2.17M
Avg daily vol (3M)
2.52M
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Marathon Petroleum Corp Webcasts
Earnings calls, investor updates, investor days and conferences for Marathon Petroleum Corp (MPC), with available transcripts, audio replays and slides. Earnings calls also include available highlights, earnings releases and periodic filings.
Pull transcripts and briefs through the earnings call transcript API or MCP →
Add these events to your calendar (.ics)
Earnings call
FY26 · Q3
2026-11-03
Marathon Petroleum Corp (MPC) Q3 2026 Earnings Call Transcript
Revenue
$56.03B
▲ 61% YoY Diluted EPS
$26.59
▲ 489.6% YoY Gross margin
21.8%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Investor Update
Investor event
2026-08-04
Marathon Petroleum Corp (MPC) August 4, 2026 Investor Update
No reported result — non-financial event
Audio
Transcript
Slides
Earnings call
FY26 · Q2
2026-08-04
Marathon Petroleum Corp (MPC) Q2 2026 Earnings Call Transcript
Confident tone
Refining capture and margin optimization
Capital returns and balance sheet
Renewable diesel outlook
Revenue
$51.99B
▲ 53.8% YoY Diluted EPS
$17.73
▲ 347.7% YoY Gross margin
17.2%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY26 · Q1
2026-05-05
Marathon Petroleum Corp (MPC) Q1 2026 Earnings Call Transcript
Confident tone
Refining operational performance and utilization
MPLX growth and NGL/natural gas investments
Derivative program and commodity volatility
Revenue
$34.20B
▲ 8.5% YoY Diluted EPS
$1.73
Gross margin
8.6%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q4
2026-02-03
Marathon Petroleum Corp (MPC) Q4 2025 Earnings Call Transcript
Confident tone
Midstream growth and MPLX
Refining growth projects
Capital discipline and returns
Revenue
$32.57B*
▼ 1.7% YoY Gross margin
11.4%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY25 · Q3
2025-11-04
Marathon Petroleum Corp (MPC) Q3 2025 Earnings Call Transcript
Confident tone
MPLX midstream growth
Refining capture and operations
Los Angeles refinery and West Coast
Revenue
$34.81B
▼ 0.8% YoY Diluted EPS
$4.51
▲ 141.2% YoY Gross margin
10.4%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q2
2025-08-05
Marathon Petroleum Corp (MPC) Q2 2025 Earnings Call Transcript
Confident tone
Renewable diesel segment challenges
Portfolio optimization and ethanol divestiture
Refining operational and commercial performance
Revenue
$33.80B
▼ 10.9% YoY Diluted EPS
$3.96
▼ 8.5% YoY Gross margin
11.2%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q1
2025-05-06
Marathon Petroleum Corp (MPC) Q1 2025 Earnings Call Transcript
Positive tone
MPLX midstream growth and acquisitions
Balance sheet and leverage
Turnaround execution
Revenue
$31.52B
▼ 3.6% YoY Diluted EPS
$-0.24
▼ 109.3% YoY Gross margin
6.8%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q4
2025-02-04
Marathon Petroleum Corp (MPC) Q4 2024 Earnings Call Transcript
Confident tone
MPLX midstream growth and distributions
Refined product demand outlook
Renewable diesel and 45Z regulatory uncertainty
Revenue
$33.14B*
▼ 8.6% YoY Gross margin
7.8%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY24 · Q3
2024-11-05
Marathon Petroleum Corp (MPC) Q3 2024 Earnings Call Transcript
Confident tone
Balance sheet, cash and refinancing
Refining operational performance and margin capture
MPLX midstream growth and distributions
Revenue
$35.11B
▼ 14.2% YoY Diluted EPS
$1.87
▼ 77.4% YoY Gross margin
8.4%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q2
2024-08-06
Marathon Petroleum Corp (MPC) Q2 2024 Earnings Call Transcript
Confident tone
Midstream growth and MPLX
Capital returns to shareholders
Refining operational performance
Revenue
$37.91B
▲ 4.3% YoY Diluted EPS
$4.33
▼ 18.6% YoY Gross margin
10.5%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q1
2024-04-30
Marathon Petroleum Corp (MPC) Q1 2024 Earnings Call Transcript
Confident tone
MPLX Midstream Growth
Refining Operational Execution / Turnarounds
Commercial and Capture Performance
Revenue
$32.71B
▼ 6.2% YoY Diluted EPS
$2.58
▼ 57.6% YoY Gross margin
9.5%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q4
2024-01-30
Marathon Petroleum Corp (MPC) Q4 2023 Earnings Call Transcript
Confident tone
Refining & Marketing Operational Performance
MPLX and Midstream
Organizational Changes / Leadership
Revenue
$36.26B*
▼ 8.9% YoY Gross margin
10.1%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY23 · Q3
2023-10-31
Marathon Petroleum Corp (MPC) Q3 2023 Earnings Call Transcript
Revenue
$40.92B
▼ 10.6% YoY Diluted EPS
$8.28
▼ 8.6% YoY Gross margin
14.6%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q2
2023-08-01
Marathon Petroleum Corp (MPC) Q2 2023 Earnings Call Transcript
Revenue
$36.34B
▼ 32.4% YoY Diluted EPS
$5.32
▼ 51.4% YoY Gross margin
12.6%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q1
2023-05-02
Marathon Petroleum Corp (MPC) Q1 2023 Earnings Call Transcript
Revenue
$34.86B
▼ 8.4% YoY Diluted EPS
$6.09
▲ 308.7% YoY Gross margin
16.0%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q4
2023-01-31
Marathon Petroleum Corp (MPC) Q4 2022 Earnings Call Transcript
Revenue
$39.81B*
▲ 12.7% YoY Gross margin
15.7%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY22 · Q3
2022-11-01
Marathon Petroleum Corp (MPC) Q3 2022 Earnings Call Transcript
Revenue
$45.79B
▲ 41.7% YoY Diluted EPS
$9.06
▲ 731.2% YoY Gross margin
15.2%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q2
2022-08-02
Marathon Petroleum Corp (MPC) Q2 2022 Earnings Call Transcript
Revenue
$53.80B
▲ 81.6% YoY Diluted EPS
$10.95
▼ 15.8% YoY Gross margin
17.8%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q1
2022-05-03
Marathon Petroleum Corp (MPC) Q1 2022 Earnings Call Transcript
Revenue
$38.06B
▲ 67.6% YoY Diluted EPS
$1.49
Gross margin
7.9%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q4
2022-02-02
Marathon Petroleum Corp (MPC) Q4 2021 Earnings Call Transcript
Revenue
$35.34B*
▲ 96.6% YoY Gross margin
8.9%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY21 · Q3
2021-11-02
Marathon Petroleum Corp (MPC) Q3 2021 Earnings Call Transcript
Revenue
$32.32B
▲ 85.7% YoY Diluted EPS
$1.09
Gross margin
8.5%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q2
2021-08-04
Marathon Petroleum Corp (MPC) Q2 2021 Earnings Call Transcript
Revenue
$29.61B
▲ 142.8% YoY Diluted EPS
$13.00
▲ 129900% YoY Gross margin
8.2%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q1
2021-05-04
Marathon Petroleum Corp (MPC) Q1 2021 Earnings Call Transcript
Revenue
$22.71B
▲ 2.3% YoY Diluted EPS
$-0.37
Gross margin
7.2%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY20 · Q4
2021-02-26
Marathon Petroleum Corp (MPC) Q4 2020 Earnings Call Transcript
Revenue
$17.97B
▼ 42.2% YoY Gross margin
4.2%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY20 · Q3
2020-11-02
Marathon Petroleum Corp (MPC) Q3 2020 Earnings Call Transcript
Revenue
$17.41B
▼ 43.9% YoY Diluted EPS
$-1.36
▼ 181.9% YoY Gross margin
4.2%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY20 · Q2
2020-08-03
Marathon Petroleum Corp (MPC) Q2 2020 Earnings Call Transcript
Revenue
$12.20B
▼ 63.6% YoY Diluted EPS
$0.01
▼ 99.4% YoY Gross margin
5.7%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY20 · Q1
2020-05-05
Marathon Petroleum Corp (MPC) Q1 2020 Earnings Call Transcript
Revenue
$22.20B
▼ 21.4% YoY Diluted EPS
$-14.25
Gross margin
8.4%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY19 · Q4
2020-01-29
Marathon Petroleum Corp (MPC) Q4 2019 Earnings Call
Revenue
$31.09B
▼ 3.8% YoY Diluted EPS
$0.68
▼ 49.6% YoY Gross margin
38.1%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
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CUSIP
56585A102
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