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Marathon Petroleum Corporation
|
Q4 2025 Earnings Presentation
| Gary R. Heminger | Page 3 of 11 |
April 14, 2026
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"Q4 2025 Earnings Presentation"
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M P C | 4 Q 2 0 2 5 2025: EXECUTION OF COMMITMENTS Strong Through- Cycle Cash Flow 94% utilization reflecting operational excellence 105% capture demonstrating strong commercial execution $5.63/bbl R&M Segment Adj EBITDA per barrel Durable Midstream Growth 5% 3-yr Midstream Segment Adj EBITDA CAGR 12.5% increase in MPLX quarterly distribution $2.8 B annualized distribution from MPLX (a) Industry-Leading Capital Allocation 10% increase to quarterly dividend $4.5 B of total capital returned (b) 52% payout of cash from operations excl changes in working capital DELIVERING A COMPELLING VALUE PROPOSITION