Marathon Petroleum Corporation (MPC) Q2 2026 Earnings Call Transcript

SA Transcripts 161.48K Followers Follow Marathon Petroleum Corporation ( MPC ) Q2 2026 Earnings Call August 4, 2026 11:00 AM EDT Company Participants Brian Worthington - Vice President of Investor Relations Maryann Mannen - President, CEO & Chairman of the Board Maria Khoury - Executive VP & CFO Rick Hessling - Chief Commercial Officer Julian Stoll - Senior Vice President Value Chain Optimization Michael Henschen - Executive Vice President of Refining Conference Call Participants Neil Mehta - Goldman Sachs Group, Inc., Research Division Manav Gupta - UBS Investment Bank, Research Division Douglas George Blyth Leggate - Wolfe Research, LLC Sam Margolin - Wells Fargo Securities, LLC, Research Division Joseph Laetsch - Morgan Stanley, Research Division Theresa Chen - Barclays Bank PLC, Research Division Conor Fitzpatrick - BofA Securities, Research Division John Royall Matthew Blair - TPH Research Phillip Jungwirth - BMO Capital Markets Equity Research Presentation Operator Welcome to the MPC Second Quarter 2026 Earnings Call. My name is Julie, and I will be your operator for today's call. [Operator Instructions] Please note that this conference is being recorded. I will now turn the call over to Brian Worthington. Brian, you may begin. Brian Worthington Vice President of Investor Relations Welcome to Marathon Petroleum Corporation's Second Quarter 2026 Earnings Conference Call. The slides that accompany this call can be found on our website at marathonpetroleum.com under the Investors tab. Joining me today on the call are Maryann Mannen, CEO; Maria Khoury, CFO; and other members of the executive team. We invite you to read the safe harbor statements on Slide 2. We will be making forward-looking statements today. Actual results may differ. Factors that could cause actual results to differ are included there as well as in our SEC filings. With that, I will turn the call over to Maryann. Maryann Mannen President, CEO & Chairman of the Board Thank you, Brian. Good morning. In the second quarter, we delivered $8.5 billion of adjusted