Marathon Petroleum Corporation (MPC)

USD 128.59

(-13.06%)

Market Cap (In USD)

40.05 Billion

Revenue (In USD)

149.34 Billion

Net Income (In USD)

9.68 Billion

Avg. Volume

2.83 Million

Currency
USD
Country
Energy
Open
-
Prev. Close
-
Day Range
-
Year Range
134.16-221.11
PE
12.74
EPS
10.09
Beta Value
1.371
ISIN
US56585A1025
CUSIP
56585A102
CIK
1510295
Shares
311531000.0
Earnings Annoncement
-

Company Profile

Sector
Energy
Industry
Oil & Gas Refining & Marketing
CEO
Ms. Maryann T. Mannen
Employee Count
-
Website
https://www.marathonpetroleum.com
Ipo Date
2011-06-24
Details
Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company primarily in the United States. It operates in two segments, Refining & Marketing, and Midstream. 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. Its refined products include transportation fuels, such as reformulated gasolines and blend-grade gasolines; heavy fuel oil; and asphalt. This segment also manufactures aromatics, propane, propylene, and sulfur. 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. As of December 31, 2021, the company operated 7,159 brand jobber outlets in 37 states, the District of Columbia, and Mexico through independent entrepreneurs. Marathon Petroleum Corporation was founded in 1887 and is headquartered in Findlay, Ohio.