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Marathon Petroleum Corporation's (MPC) CEO Mike Hennigan on Q2 2021 Results - Earnings Call Transcript

Aug. 04, 2021 11:15 PM ETMarathon Petroleum Corporation (MPC)
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Marathon Petroleum Corporation (NYSE:MPC) Q2 2021 Earnings Conference Call August 4, 2021 11:00 AM ET

Company Participants

Kristina Kazarian – Vice President, Investor Relations

Mike Hennigan – Chief Executive Officer

Maryann Mannen – Chief Financial Officer

Ray Brooks – Executive Vice President, Refining

Brian Partee – Senior Vice President, Global Clean Products

Conference Call Participants

Neil Mehta – Goldman Sachs

Doug Leggate – Bank of America

Roger Read – Wells Fargo

Manav Gupta – Credit Suisse

Phil Gresh – JP Morgan

Theresa Chen – Barclays

Sam Margolin – Wolfe Research

Jason Gabelman – Cowen


Welcome to the MPC Second Quarter 2021 earnings call. My name is Sheila, and I will be your operator for today's call. At this time all participants are in a listen-only mode. Later we will conduct a question and answer session. [Operator instructions] Please note that this conference is being recorded.

I will now turn the call over to Kristina Kazarian. Kristina, you may begin.

Kristina Kazarian

Welcome to Marathon Petroleum Corporation's second quarter 2021 earnings conference call. The slides that accompany this call can be found on our website at marathonpetroleum.com under the Investor tab. Joining me on the call today are Mike Hennigan, CEO; Maryann Mannen, CFO; and other members of the executive team. We invite you to read the safe harbor statements on Slide 2. We will be making forward-looking statements today. Actual results may differ. Factors that could cause actual results to differ are included there, as well as in our filings with the SEC.

And with that, I'll turn the call over to Mike.

Mike Hennigan

Thanks, Kristina. Before we get into our results for the quarter, we wanted to provide a brief update on the business. During the second quarter, we saw gradual improvements in the demand for our products as the rollout of

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