Marathon Pete Corp SEC Filings

Ricky Hessling reported sales of Common Stock under a Form 144 filing. The excerpt lists three reported dispositions: 1,810 shares on 03/11/2026 for $406,849.64, 1,037 shares on 03/12/2026 for $237,554.00, and 1,626 shares on 03/13/2026 for $371,020.84.

The filing includes an earlier 1000-share open-market purchase dated 03/11/2025 and lists Fidelity Brokerage Services LLC as a broker. This is a routine Form 144 disclosure of insider sales.

Marathon Petroleum Corporation filed a Form S-3 shelf registration to offer various securities. The prospectus dated May 6, 2026 registers the potential, at‑the‑market issuance from time to time of senior and subordinated debt, common and preferred stock, warrants, stock purchase contracts and units, with specific terms to be provided in prospectus supplements.

The prospectus incorporates by reference MPC’s Form 10-K for year ended December 31, 2025 and Form 10-Q for quarter ended March 31, 2026, and discloses that MPC operates ~3.0 million barrels per day of crude oil refining capacity and owns the general partner and ~64% of MPLX common units as of December 31, 2025.

Marathon Petroleum reported much stronger Q1 2026 results, returning to profitability. Total revenues and other income rose to $34.6 billion from $31.9 billion a year earlier, helped by higher refining margins and stable product demand.

Net income attributable to MPC swung to $511 million, or $1.73 per diluted share, from a loss of $74 million, or $(0.24) per share, in Q1 2025. Segment adjusted EBITDA increased to $3.0 billion, led by Refining & Marketing, which saw EBITDA rise to $1.38 billion as global product prices improved despite derivative losses.

Operating cash flow improved sharply to $1.1 billion, compared with a small outflow in the prior-year quarter, while consolidated capital expenditures were $1.0 billion. MPC repurchased 4 million shares for $750 million at an average price of $213.45 and ended the quarter with $2.2 billion in cash and total debt of $33.3 billion. The board later approved an additional $5.0 billion share repurchase authorization.

Marathon Petroleum Corporation reported a strong turnaround in first-quarter 2026 results. Net income attributable to MPC was $511 million, or $1.73 per diluted share, compared with a net loss of $(74) million, or $(0.24) per diluted share a year earlier.

Adjusted net income was $487 million, or $1.65 per diluted share. Cash provided by operating activities reached $1.1 billion, versus $(64) million in the prior-year quarter. Adjusted EBITDA rose to $2.8 billion from $2.0 billion, driven mainly by a sharp improvement in the Refining & Marketing segment.

The company returned over $1.0 billion of capital to shareholders in the quarter and its board approved an incremental $5 billion share repurchase authorization, which would have brought total available repurchase capacity to $8.6 billion as of March 31, 2026.

SURMA JOHN P reported acquisition or exercise transactions in this Form 4 filing.

Marathon Petroleum Corp director John P. Surma reported an equity compensation grant and updated holdings in company stock. On April 30, 2026, he received an annual 2026 equity retainer award of 727.742 shares of common stock at $0.00 per share, reflecting non-cash compensation for board service. Following this award and prior dividend reinvestments, Surma directly holds 60,900.896 shares of Marathon Petroleum common stock. A separate entry shows 10,000 shares held indirectly through the Elizabeth L. Surma Revocable Trust Agreement, which is associated with his wife.

Marathon Petroleum Corp director J. Michael Stice received an annual 2026 equity retainer award in the form of company common stock. The grant covered 727.742 shares at a stated price of $0.0000 per share, reflecting a stock-based compensation award rather than a market purchase.

Following this award and prior dividend reinvestment activity, Stice now directly holds a total of 24,721.254 Marathon Petroleum common shares, which includes 485.093 shares acquired through dividend reinvestment that had not been previously reported under Rule 16a-11.

Marathon Petroleum Corp director Frank M. Semple received an annual 2026 equity retainer award of 727.742 shares of Common Stock. The shares were granted at a stated price of $0.00 per share as non-cash compensation. Following this award, he directly owns 14,719.680 shares.

The total includes 282.886 shares previously acquired through dividend reinvestment that had not been reported earlier under Rule 16a-11, indicating part of his stake has accumulated automatically via reinvested dividends rather than open-market purchases.

Rucker Kim K.W. reported acquisition or exercise transactions in this Form 4 filing.

Marathon Petroleum Corp director Kim K.W. Rucker received an equity award of 727.742 shares of Common Stock on April 30, 2026. The shares were granted at no cash cost as the director’s annual 2026 equity retainer award. After this grant and previously unreported dividend reinvestment, Rucker directly holds 19,955.346 common shares.

Marathon Petroleum Corp director Eileen P. Paterson received an annual 2026 equity retainer award of 727.742 shares of common stock, granted at $0.00 per share as director compensation rather than a market purchase. Following this award, her direct holdings total 3,203.195 shares of Marathon Petroleum common stock. This amount includes 50.047 shares previously acquired through dividend reinvestment that had not been reported earlier under Rule 16a-11.