Marathon Petroleum Corporation (BMV:MPC)
Mexico flag Mexico · Delayed Price · Currency is MXN
3,210.00
+495.00 (18.23%)
At close: May 15, 2025

Marathon Petroleum Company Description

Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company in the United States.

The company operates through three segments: Refining & Marketing; Midstream; and Renewable Diesel. 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 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 gathers, transports, stores, distributes, and markets crude oil and refined products, including renewable diesel and other hydrocarbon-based products through refining logistics assets, pipelines, terminals, towboats, and barges; gathers, processes, and transports natural gas; and transports, fractionates, stores, and markets natural gas liquids.

The Renewable Diesel segment processes renewable feedstocks into renewable diesel, markets, and distributes renewable diesel through its Midstream segment and third parties.

It sells renewable diesel to wholesale marketing customers, buyers on the spot market, and through long-term supply contracts to direct dealers under the ARCO brand.

Marathon Petroleum Corporation was founded in 1887 and is headquartered in Findlay, Ohio.

Marathon Petroleum Corporation
CountryUnited States
Founded1887
IndustryPetroleum Refining
Employees18,300
CEOMaryann Mannen

Contact Details

Address:
539 South Main Street
Findlay, Delaware 45840-3229
United States
Phone419 422 2121
Websitemarathonpetroleum.com

Stock Details

Ticker SymbolMPC
ExchangeMexican Stock Exchange
Stock TypeCommon Stock
Fiscal YearJanuary - December
Reporting CurrencyUSD
SIC Code2911

Key Executives

NamePosition
Maryann MannenChief Executive Officer
John QuaidChief Financial Officer
Kristina KazarianHead of Investor Relations