Marathon Petroleum Corp - Company Profile

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Marathon Petroleum Corp: Overview

Marathon Petroleum Corp (MPC) is a downstream energy company that refines, markets and transports petroleum products. The company owns and operates refineries in the Gulf Coast and Midwest regions in the US. It also owns common carrier pipeline systems that transport crude oil and refined products to the company’s refineries, terminals, and other pipeline systems. With a number of convenience stores, MPC offers gasoline and a variety of products. An integrated system provides crude oil, feedstock, and petroleum-related products through a distribution network in the Midwest, East Coast, Southeast and Gulf Coast regions in the US. The company also has interests in gas processing plants, natural gas liquid (NGL) fractionation facilities and a condensate stabilization facility. MPC is headquartered in Findlay, Ohio, the US.

Gain a 360-degree view of Marathon Petroleum Corp and make more informed decisions for your business Gain a 360-degree view of Marathon Petroleum Corp and make more informed decisions for your business Find out more
Headquarters United States of America

Address 539 South Main Street, Findlay, Ohio, 45840


Telephone 1 419 4222121

No of Employees 18,200

Industry Energy and Utilities

Ticker Symbol & Exchange MPC (NYSE)

Revenue (2023) $150.1B

EPS XYZ

Market Cap* $75.2B

Net Profit Margin (2023) XYZ -20.5%

   

* As of and is in US$
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Marathon Petroleum Corp premium industry data and analytics

80+

Midstream

Midstream database provides details on global active, upcoming , decommissioned, and cancelled oil & gas pipelines, LNG regasification and liquefaction terminals, liquid storage terminals, underground gas storage facilities, and gas processing plants.

13+

Petrochemical Plants

Access comprehensive information on global active, upcoming , decommissioned, and cancelled petrochemical complexes/plants.

13+

Downstream

View detailed information on global active, upcoming , decommissioned, and cancelled crude oil refineries, heavy oil upgraders and condensate splitters.

1

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Marathon Petroleum Corp (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Marathon Petroleum Corp’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services Brands
Gasoline Midstream Services Speedway
Distillates Retailing Marathon
Lubricants
XYZ
XYZ
XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Contracts/Agreements In January, the company announced a collaboration with Blue Planet Systems to improve the commercialization of its technology.
2023 Corporate Changes/Expansions In November, the company and ADM opened their joint venture soybean processing complex, Green Bison Soy Processing.
2023 Contracts/Agreements In August, the company selected Topsoe as the technology provider for renewable fuels production at the Martinez Renewable Fuels Facility in California.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
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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  San Ramon
State/Province Ohio Texas England England California
No. of Employees 18,200 62,000 103,000 87,800 45,600
Entity Type Public Public Public Public Public
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Chart Financial activity with access to more key stats Chart Financial activity with access to more key stats Find out more
Executives
Name Position Board Since Age
Michael J. Hennigan Chief Executive Officer; Director Executive Board 2020 63
John J. Quaid Chief Financial Officer; Executive Vice President Senior Management 2024 -
Maryann T. Mannen President Senior Management 2024 60
Molly R. Benson Secretary; Vice President, Chief Securities, Governance & Compliance Officer Senior Management 2018 56
Ehren D. Powell Senior Vice President; Chief Digital Officer Senior Management 2020 43
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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