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Business Segments · Capital Expenditures And Investments

Refining & Marketing — Capital Expenditures And Investments

Marathon Petroleum Refining & Marketing — Capital Expenditures And Investments decreased by 26.8% to $328M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 9.4%, from $362M to $328M. Over 4 years (FY 2021 to FY 2025), Refining & Marketing — Capital Expenditures And Investments shows an upward trend with a 14.8% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2016
Last reportedQ1 2026May 5, 2026

How to read this metric

Higher levels indicate growth initiatives or major maintenance, while lower levels may suggest a focus on cash preservation or a mature asset base.

Detailed definition

This metric tracks the cash spent by the refining and marketing segment on acquiring, upgrading, or maintaining physical...

Peer comparison

Commonly reported as 'Capital Expenditures' or 'CapEx' in the energy sector.

Metric ID: mpc_segment_refining_marketing_capital_expenditures_and_investments

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$176M$228M$373M$244M$315M$445M$271M$421M$243M$255M$79M$290M$302M$369M$484M$362M$347M$423M$448M$328M
QoQ Change+29.5%+63.6%-34.6%+29.1%+41.3%-39.1%+55.4%-42.3%+4.9%-69.0%+267.1%+4.1%+22.2%+31.2%-25.2%-4.1%+21.9%+5.9%-26.8%
YoY Change+79.0%+95.2%-27.3%+72.5%-22.9%-42.7%-70.8%-31.1%+24.3%+44.7%+512.7%+24.8%+14.9%+14.6%-7.4%-9.4%
Range$79M$484M
CAGR+14.0%
Avg YoY Growth+41.9%
Median YoY Growth+14.8%

Frequently Asked Questions

What is Marathon Petroleum's refining & marketing — capital expenditures and investments?
Marathon Petroleum (MPC) reported refining & marketing — capital expenditures and investments of $328M in Q1 2026.
How has Marathon Petroleum's refining & marketing — capital expenditures and investments changed year-over-year?
Marathon Petroleum's refining & marketing — capital expenditures and investments decreased by 9.4% year-over-year, from $362M to $328M.
What is the long-term trend for Marathon Petroleum's refining & marketing — capital expenditures and investments?
Over 4 years (2021 to 2025), Marathon Petroleum's refining & marketing — capital expenditures and investments has grown at a 14.8% compound annual growth rate (CAGR), from $911M to $1.58B.
What does refining & marketing — capital expenditures and investments mean?
The amount of money invested in maintaining or expanding the segment's physical infrastructure.