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Marathon Petroleum turns refining strength into bigger shareholder returns
12:07am on Wednesday 4th of November, 2026 AEDT
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Energy
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Marathon Petroleum turns refining strength into bigger shareholder returns
12:07am on Wednesday 4th of November, 2026 AEDT
Key Points
US$7.4 billion quarterly net income, up from US$1.4 billion
US$11.7 billion adjusted EBITDA, led by refining
10% quarterly dividend increase and US$5 billion extra buyback capacity
US$4.2 billion planned sale of St. Paul Park and Mandan refineries
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Marathon Petroleum (NYSE:MPC)
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