Marathon Petroleum Q3 net income soars to $7.4B, boosts dividend by 10%, and plans Gulf Coast reinvestment.

Marathon Petroleum reported a strong Q3 2026 with net income of $7.4 billion, up significantly from $1.4 billion in Q3 2025. Adjusted EBITDA reached $11.7 billion, driven by higher refining margins and full capacity utilization. The company announced a 10% dividend increase and a $3.3 billion capital return to shareholders. Strategic moves include divesting Mid-Con assets for $4.2 billion and focusing reinvestment primarily in the Gulf Coast region, alongside ongoing growth investments in refining, midstream, and renewable diesel segments.

Marathon Petroleum's stock price on Pluang is currently USD 436.20 as of Nov 03, 2026 19:03 WIB, showing a 1.35% increase in the last day. The company has a market cap of $120.86 billion on the platform, reflecting its significant presence in the energy sector. Despite strong earnings and strategic moves, Pluang order activity leans heavily towards selling, with 87% of orders being sell orders at this time.