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Marathon Petroleum MPC Refining And Marketing — Equity Method Investments
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Where this comes from
Reported directly by Marathon Petroleum in its filing.
Tagged under the XBRL concept us-gaap:EquityMethodInvestments.
The source filing: Marathon Petroleum’s 10-K, filed February 26, 2026.
- Filed
- Feb 26, 2026, 1:30 PM EST
- Fiscal year
- FY2025
- Accession
- 0001510295-26-000009
| (In millions of dollars, except ownership percentages) | VIE | Ownership as of / December 31, 2025 | Carrying value at / December 31, 2025 | Carrying value at / December 31, 2024 |
|---|---|---|---|---|
| Refining & Marketing | ||||
| TAMH(a) | —% | — | $190 | |
| LF Bioenergy Holdings LLC | 50% | 98 | 92 | |
| Refining & Marketing Total | $98 | $282 | ||
| Midstream | ||||
| MPLX | ||||
| BANGL(b) | — | $281 | ||
| Illinois Extension Pipeline Company, L.L.C. | 35% | 208 | 218 |
Item 8. Financial Statements and Supplementary Data
FAQ
- What is Marathon Petroleum's refining and marketing — equity method investments?
- Marathon Petroleum (MPC) reported refining and marketing — equity method investments of $98M in Q4 2025.
- How has Marathon Petroleum's refining and marketing — equity method investments changed year-over-year?
- Marathon Petroleum's refining and marketing — equity method investments decreased by 65.2% year-over-year, from $282M to $98M.
- What does refining and marketing — equity method investments mean?
- The carrying value of investments in entities where the Refining and Marketing segment exercises significant influence but does not have a controlling financial interest. These investments typically represent strategic partnerships in infrastructure, logistics, or specialized refining technologies.
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