Marathon Petroleum Corporation
0JYA LN
0JYA LNMarathon Petroleum CorporationCompany Description
- CEO
- Mr. Michael J. Hennigan
- Full Time Employees
- 18,200
- Sector
- Energy
- Industry
- Oil & Gas Refining & Marketing
- Address
- 539 South Main Street Findlay OH United States 45840-3229
- IPO Date
- Jun 24, 2011
- CIK
- 0001510295
- Website
- www.marathonpetroleum.com
- Business
- Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company primarily in the United States. The company operates through Refining & Marketing, and Midstream segments. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States; and purchases refined products and ethanol for resale and distributes refined products, including renewable diesel, through transportation, storage, distribution, and marketing services. Its refined products include transportation fuels, such as reformulated gasolines and blend-grade gasolines; heavy fuel oil; and asphalt. This segment also manufactures propane and petrochemicals. It sells refined products to wholesale marketing customers in the United States and internationally, buyers on the spot market, and independent entrepreneurs who operate primarily Marathon branded outlets, as well as through long-term fuel supply contracts to direct dealer locations primarily under the ARCO brand. The Midstream segment transports, stores, distributes, and markets crude oil and refined products through refining logistics assets, pipelines, terminals, towboats, and barges; gathers, processes, and transports natural gas; and gathers, transports, fractionates, stores, and markets natural gas liquids. Marathon Petroleum Corporation was founded in 1887 and is headquartered in Findlay, Ohio.
Company News
Is Marathon Petroleum Corporation's (NYSE:MPC) Latest Stock Performance A Reflection Of Its Financial Health?
Marathon Petroleum (MPC) Ascends While Market Falls: Some Facts to Note
Marathon Petroleum (MPC) Ascends While Market Falls: Some Facts to Note
Has Global Partners (GLP) Outpaced Other Oils-Energy Stocks This Year?
Has Global Partners (GLP) Outpaced Other Oils-Energy Stocks This Year?
Is It Worth Investing in Marathon Petroleum (MPC) Based on Wall Street's Bullish Views?
Is It Worth Investing in Marathon Petroleum (MPC) Based on Wall Street's Bullish Views?
Michigan seeks comment on permit to increase Marathon refinery throughput
Michigan seeks comment on permit to increase Marathon refinery throughput
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Marathon's (MPC) Stock Is Soaring, But Is It Time to Buy?
Marathon's (MPC) Stock Is Soaring, But Is It Time to Buy?
Calculating The Intrinsic Value Of Marathon Petroleum Corporation (NYSE:MPC)
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Marathon Petroleum (MPC) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Marathon Petroleum (MPC) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Wall St Week Ahead Surging US energy shares reflect robust growth, inflation worries