NEW YORK, May 6 (Reuters) - Marathon Petroleum MPC.N plans to operate its 13 refineries at 94% of their combined 3-million barrel-per-day (bpd) capacity in the second quarter of 2025, said John Quaid, chief financial officer, during a Tuesday conference call.
Marathon's refineries ran at 89% of their combined capacity in the first quarter, Quaid said. The refiner completed significant planned turnaround activity during the quarter, particularly in our Gulf Coast region.
(Reporting by Nicole Jao in New York)
((Nicole.Jao@thomsonreuters.com; Twitter/X: @ByNicoleJao; +1 646 540 2216;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.