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Marathon Petroleum MPC Refining & Marketing — Operating costs
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Where this comes from
Reported directly by Marathon Petroleum in its filing.
Tagged under the XBRL concept us-gaap:ManufacturingCosts.
The source filing: Marathon Petroleum’s 10-Q, filed May 5, 2026.
- Filed
- May 5, 2026, 1:03 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001510295-26-000042
| (Millions of dollars) | Three Months Ended March 31, 2026 | Three Months Ended March 31, 2025 |
|---|---|---|
| Segment expenses | ||
| Refining & Marketing | ||
| Cost of purchases | $27,435 | $25,658 |
| Refining operating costs | 1,599 | 1,472 |
| Distribution costs | 1,581 | 1,478 |
| Other segment items(a) | 341 | 405 |
| Refining & Marketing segment expenses | $30,956 | $29,013 |
| Midstream |
Item 1. Financial Statements
FAQ
- What is Marathon Petroleum's refining & marketing — operating costs?
- Marathon Petroleum (MPC) reported refining & marketing — operating costs of $1.6B in Q1 2026.
- How has Marathon Petroleum's refining & marketing — operating costs changed year-over-year?
- Marathon Petroleum's refining & marketing — operating costs increased by 8.6% year-over-year, from $1.47B to $1.6B.
- What is the long-term trend for Marathon Petroleum's refining & marketing — operating costs?
- Over 3 years (2022 to 2025), Marathon Petroleum's refining & marketing — operating costs has grown at a 2.1% compound annual growth rate (CAGR), from $5.73B to $6.1B.
- What does refining & marketing — operating costs mean?
- This metric encompasses the day-to-day expenses required to operate refineries, including labor, maintenance, utilities, and catalysts. It reflects the operational efficiency and cost discipline of the segment's manufacturing facilities. Controlling these costs is essential for maintaining competitive margins in the refining industry.
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