Marathon Petroleum expects $3.1 billion in annual distributions from MPLX
Bitget2026/11/03 13:13- Marathon Petroleum expects fourth-quarter 2026 refinery utilization of 95%, versus 100% in the third quarter.
- Total refinery throughput is forecast at 3,080,000 barrels daily, with operating costs of $5.60 per barrel.
- Refining turnaround costs are projected at $230 million; distribution costs are forecast at $1.73 billion.
- Midstream adjusted EBITDA is expected to grow by mid-single digits, following third-quarter adjusted EBITDA of $1.88 billion.
- Expected annual MPLX distributions of $3.1 billion would more than cover standalone capital spending and dividends.
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