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Business Segments · Equity Method Investments

Refining And Marketing — Equity Method Investments

Marathon Petroleum Refining And Marketing — Equity Method Investments decreased by 65.2% to $98M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 65.2%, from $282M to $98M.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2017
Last reportedQ4 2025Feb 26, 2026

How to read this metric

An increase suggests capital deployment into strategic partnerships, while a decrease may indicate divestment or impairment of these assets.

Detailed definition

The carrying value of investments in entities where the Refining and Marketing segment exercises significant influence b...

Peer comparison

Common in the energy sector where joint ventures are used to share infrastructure costs.

Metric ID: mpc_segment_refining_marketing_equity_method_investments

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$241M$1.33B$302M$282M$98M
QoQ Change+451.0%-77.3%-6.6%-65.2%
YoY Change+451.0%-77.3%-6.6%-65.2%
Range$98M$1.33B
CAGR-59.3%
Avg YoY Growth+75.5%
Median YoY Growth-35.9%
Current Streak3 quarters decline

Frequently Asked Questions

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 book value of the segment's investments in companies it does not fully own.