Marathon Petroleum MPC Refining & Marketing — Cost of purchases

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FAQ

What is Marathon Petroleum's refining & marketing — cost of purchases?

Marathon Petroleum (MPC) reported refining & marketing — cost of purchases of $27.44B in Q1 2026.

How has Marathon Petroleum's refining & marketing — cost of purchases changed year-over-year?

Marathon Petroleum's refining & marketing — cost of purchases increased by 6.9% year-over-year, from $25.66B to $27.44B.

What is the long-term trend for Marathon Petroleum's refining & marketing — cost of purchases?

Over 3 years (2022 to 2025), Marathon Petroleum's refining & marketing — cost of purchases has grown at a -9.3% compound annual growth rate (CAGR), from $139.66B to $104.31B.

What does refining & marketing — cost of purchases mean?

This represents the direct costs incurred by the segment to acquire crude oil, feedstocks, and other raw materials necessary for the refining process. It is the largest component of the segment's cost structure and is highly sensitive to global commodity price fluctuations. Monitoring this helps assess the segment's ability to manage input costs relative to refined product output prices.