Marathon Petroleum (MPC) reported second-quarter 2026 net income attributable to MPC of $5.1 billion, or $17.73 per diluted share, compared with $1.2 billion, or $3.96 per diluted share, a year earlier. Sales and other operating revenues were $51.99 billion for the quarter.
The company reported $8.5 billion of adjusted EBITDA and returned more than $2.8 billion of capital to shareholders during the quarter. MPC said El Paso and Robinson refining investments were placed in service in the quarter, while MPLX increased its 2026 growth capital spending outlook to $2.9 billion.
- Second-quarter net income attributable to MPC was $5.138 billion.
- Diluted EPS was $17.73, while basic EPS was $17.76.
- Adjusted EBITDA was $8.460 billion, compared with $3.286 billion in the prior-year quarter.
- Refining and Marketing segment adjusted EBITDA was $6.655 billion.
- MPC had $7.8 billion of cash and cash equivalents as of June 30, 2026.
- The company had $6.1 billion remaining under share repurchase authorizations.
$MPC Insider Trading Activity
$MPC insiders have traded $MPC stock on the open market 8 times in the past 6 months. Of those trades, 0 have been purchases and 8 have been sales.
Here’s a breakdown of recent trading of $MPC stock by insiders over the last 6 months:
- MICHAEL A II HENSCHEN (Ex VP, Refining) has made 0 purchases and 3 sales selling 11,625 shares for an estimated $2,773,342.
- RICKY D. HESSLING (Chief Commercial Officer) has made 0 purchases and 5 sales selling 4,473 shares for an estimated $1,015,422.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$MPC Hedge Fund Activity
We have seen 786 institutional investors add shares of $MPC stock to their portfolio, and 790 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. added 1,969,621 shares (+8.8%) to their portfolio in Q1 2026, for an estimated $480,942,055
- WELLINGTON MANAGEMENT GROUP LLP removed 1,566,349 shares (-21.7%) from their portfolio in Q1 2026, for an estimated $382,471,098
- QUBE RESEARCH & TECHNOLOGIES LTD removed 1,440,039 shares (-91.3%) from their portfolio in Q1 2026, for an estimated $351,628,723
- FMR LLC added 1,439,068 shares (+41.4%) to their portfolio in Q1 2026, for an estimated $351,391,624
- HARRIS ASSOCIATES L P removed 1,225,990 shares (-30.4%) from their portfolio in Q1 2026, for an estimated $299,362,238
- STATE STREET CORP added 1,090,693 shares (+6.1%) to their portfolio in Q1 2026, for an estimated $266,325,416
- PRICE T ROWE ASSOCIATES INC /MD/ removed 775,584 shares (-37.7%) from their portfolio in Q1 2026, for an estimated $189,382,101
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$MPC Congressional Stock Trading
Members of Congress have traded $MPC stock 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $MPC stock by members of Congress over the last 6 months:
- REPRESENTATIVE DAN NEWHOUSE sold up to $15,000 on 07/10.
- REPRESENTATIVE DAVID TAYLOR has traded it 3 times. They made 0 purchases and 3 sales worth up to $45,000 on 03/11, 02/26.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
