Marathon Petroleum Corporation (LON:0JYA)
London flag London · Delayed Price · Currency is GBP · Price in USD
143.78
-3.35 (-2.28%)
Mar 28, 2025, 6:39 PM BST

Marathon Petroleum Company Description

Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company primarily 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 who operate locations mainly under the ARCO brand.

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

Marathon Petroleum Corporation
Country United States
Founded 1887
Industry Oil & Gas Energy
Sector Energy
Employees 18,300
CEO Maryann Mannen

Contact Details

Address:
539 South Main Street
Findlay, Delaware 45840-3229
United States
Phone (419) 422-2121
Website marathonpetroleum.com

Stock Details

Ticker Symbol 0JYA
Exchange London Stock Exchange
Stock Type Common Stock
Fiscal Year January - December
Reporting Currency USD
ISIN Number US56585A1025
SIC Code 2911

Key Executives

Name Position
Maryann T. Mannen President, Chief Executive Officer and Director
Michael J. Hennigan Executive Chairman of the Board
Fiona C. Laird Senior Vice President of Communications and Chief Human Resources Officer
Brian K. Partee Chief Global Optimization Officer
James R. Wilkins Senior Vice President of Health, Environment, Safety and Security
Shawn M. Lyon Senior Vice President Logistics and Storage of MPLX
Kelly S. Niese Vice President of Treasury
Erin M. Brzezinski Vice President and Controller
Geri Ewing Director of Financial Services and Insurance
Louis W. Rubiola Vice President of Business Planning and Analysis