Marathon Petroleum Corporation (MPC)

NYSE: MPC · IEX Real-Time Price · USD
196.99
-0.39 (-0.20%)
At close: Mar 27, 2024, 4:00 PM
198.99
+2.00 (1.02%)
Pre-market: Mar 28, 2024, 4:19 AM EDT

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 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.

Marathon Petroleum Corporation
Marathon Petroleum logo
Country United States
Founded 1887
IPO Date Jul 1, 2011
Industry Oil & Gas Refining & Marketing
Sector Energy
Employees 18,200
CEO Michael J. Hennigan

Contact Details

Address:
539 South Main Street
Findlay, Ohio 45840-3229
United States
Phone 419-421-2159
Website marathonpetroleum.com

Stock Details

Ticker Symbol MPC
Exchange NYSE
Fiscal Year January - December
Reporting Currency USD
CIK Code 0001510295
CUSIP Number 56585A102
ISIN Number US56585A1025
Employer ID 27-1284632
SIC Code 2911

Key Executives

Name Position
Michael J. Hennigan Chief Executive Officer and Director
Maryann T. Mannen President
Timothy J. Aydt Executive Vice President of Refining
Gregory Scott Floerke Executive Vice President and Chief Operating Officer of MPLX
John J. Quaid Executive Vice President and Chief Financial Officer
Kristina Anna Kazarian Vice President of Finance and Investor Relations
Molly R. Benson Chief Legal Officer and Corporate Secretary
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

Latest SEC Filings

Date Type Title
Mar 14, 2024 ARS Filing
Mar 14, 2024 DEFA14A Additional definitive proxy soliciting materials and Rule 14(a)(12) material
Mar 14, 2024 DEF 14A Other definitive proxy statements
Mar 4, 2024 PRE 14A Other preliminary proxy statements
Mar 1, 2024 144 Filing
Feb 28, 2024 10-K Annual Report
Feb 26, 2024 144 Filing
Feb 13, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Jan 31, 2024 8-K Current Report
Jan 30, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals