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AI brief of an SEC Form 8-K · Marathon Petroleum (MPC)

Marathon Petroleum signs $5.0 billion revolving credit agreement maturing 2031

Neutral Impact 3 of 5 financing Written later

Marathon Petroleum (MPC) entered into a new $5.0 billion five-year revolving credit facility on April 7, 2026, replacing its 2022 credit agreement, which had no borrowings outstanding when terminated. MPLX, its sponsored partnership, signed a separate $2.5 billion five-year revolver the same day, replacing its $2.0 billion 2022 facility. The filing reports no current borrowings under either new facility and no earnings results, only a preliminary cash figure.

Key points

  • MPC's new $5.0 billion unsecured revolving credit facility matures on April 7, 2031, with an option to add up to $1.0 billion in commitments.
  • MPLX's new $2.5 billion unsecured revolving credit facility also matures on April 7, 2031.
  • MPC must keep its Consolidated Net Debt to Total Capitalization ratio at or below 65% at each fiscal quarter end.
  • As of March 31, 2026, MPC had $2.2 billion of cash and cash equivalents, including $1.5 billion held by MPLX.

The filing

CompanyMarathon Petroleum (MPC)
Form8-K, current report
Filed with the SECApr 13, 2026, 4:46 PM ET
Accession number0001510295-26-000029

Items reported: 1.01 Material Definitive Agreement1.02 Termination of Material Agreement2.02 Results of Operations2.03 New Direct Financial Obligation

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 13, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.