•
Mar 31, 2022
Marathon Petroleum Q1 2022 Earnings Report
Reported net income attributable to MPC and announced a 15% Scope 3 absolute greenhouse gas emission reduction target by 2030.
Key Takeaways
Marathon Petroleum Corp. reported net income attributable to MPC of $845 million, or $1.49 per diluted share, for the first quarter of 2022. Adjusted EBITDA was $2.6 billion in the first quarter of 2022. The company has repurchased approximately $2.5 billion of company shares since the last earnings call.
Net income attributable to MPC of $845 million, or $1.49 per diluted share
Adjusted EBITDA of $2.6 billion, of which $1.4 billion is Refining and Marketing
Net cash provided by operating activities of $2.5 billion, inclusive of $0.6 billion of favorable changes in working capital
~$8 billion of shares repurchased since inception of capital return program
Marathon Petroleum
Marathon Petroleum
Marathon Petroleum Revenue by Segment
Forward Guidance
Second Quarter 2022 Outlook
Revenue & Expenses
Visualization of income flow from segment revenue to net income