Marathon Petroleum Corp - Company Profile
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Marathon Petroleum Corp (MPC) is an integrated downstream energy company. The company operates one of the largest refining systems in the US, focusing on refining crude oil and producing a variety of refined products. Its major products include gasoline, distillates, renewable diesel, and petrochemicals. MPC's products serve wholesale marketing customers, independent retailers, and direct dealers, catering to industries such as transportation, construction, and energy. The company distributes its products through a vast network of pipelines, terminals, and a fleet of barges. MPC's operations are primarily located in the Gulf Coast, Mid-Continent, and West Coast regions of the US, with a focus on both domestic and international markets. Marathon Petroleum Corp is headquartered in Findlay, Ohio, the US.
Headquarters
United States of America
Address
539 South Main Street, Findlay, Ohio, 45840
Website
www.marathonpetroleum.com
Telephone
1 419 4222121
No of Employees
18,500
Industry
Energy and Utilities
Ticker Symbol & Exchange
MPC (NYSE)
Revenue (2024)
$135.0B
-3.8%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
17.5%
(2024 vs 2023)
Market Cap*
$77.8B
Net Profit Margin (2024)
XYZ
22.5%
(2024 vs 2023)
* As of and is in US$
Marathon Petroleum Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Asphalt | Retailing | Marathon |
| Gasoline | Midstream Services | |
| Distillates | ||
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Stake Sale | In July, the company sold its 49.9% stake in The Andersons Marathon Holdings LLC to The Andersons, Inc, an agribusiness company. |
| 2025 | Plans/Strategy | In May, Matterhorn Express Pipeline announced its plans to sell its minority stake to the I Squared Capital consortium. |
| 2025 | Contracts/Agreements | In February, the company and Chugach Electric Association entered into an agreement to divest Kenai LNG Terminal to Harvest Alaska for re-development. |
Competitor Comparison
| Key Parameters | Marathon Petroleum Corp | Exxon Mobil Corp | Shell plc | BP Plc | Chevron Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United Kingdom | United Kingdom | United States of America |
| City | Findlay | Spring | London | London | Houston |
| State/Province | Ohio | Texas | England | Greater London | Texas |
| No. of Employees | 18,500 | 58,000 | 85,000 | 93,700 | 43,039 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Maryann T. Mannen | President; Chief Executive Officer; Chairman | Executive Board | 2026 | 63 |
| Maria A. Khoury | Executive Vice President; Chief Financial Officer | Senior Management | 2026 | 55 |
| David R. Heppner | Chief Strategy Officer | Senior Management | 2024 | 59 |
| Molly R. Benson | Secretary; Chief Legal Officer | Senior Management | 2024 | 59 |
| Brian K. Partee | Chief Business Transformation Officer | Senior Management | 2025 | 52 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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