Marathon Petroleum Corporation Overview

Company: Marathon Petroleum Corporation
CEO: Maryann T. Mannen
Founded: 2009
Symbol: MPC
Exchange: NYSE
Industry: Oil & Gas Refining & Marketing
Sector: Energy
About

Marathon Petroleum Corporation (MPC) functions as a prominent integrated energy enterprise, primarily concentrating its downstream operations across the United States. Its business is bifurcated into two main divisions: Refining & Marketing, and Midstream. The Refining & Marketing segment is responsible for processing crude oil and various other raw materials at its refineries, strategically located in the U.S. Gulf Coast, Mid-Continent, and West Coast regions. This division also acquires refined petroleum products and ethanol for subsequent distribution. Key outputs from this segment encompass a diverse array of transportation fuels,luding different gasoline blends, heavy fuel oil, and asphalt. Additionally, it manufactures chemicals such as aromatics, propane, propylene, and sulfur. MPC sells these refined goods through multiple channels,luding wholesale marketers domestically and globally, purchasers on the open spot market, and independent entrepreneurs who manage primarily Marathon-branded retail locations. It also supplies fuel via long-term agreements to direct dealer sites, predominantly under the ARCO brand. The Midstream segment handles the comprehensive movement, storage, distribution, and commercialization of crude oil and refined products. This is achieved through its extensive network of refining logistics assets, pipelines, terminals, towboats, and barges. Moreover, this segment engages in the collection, processing, and transportation of natural gas, alongside the gathering, transport, fractionation, storage, and marketing of natural gas liquids. By December 31, 2021, the corporation supported 7,159 branded jobber retail points, managed by independent entrepreneurs, spanning 37 U.S. states, the District of Columbia, and Mexico. Marathon Petroleum Corporation, established in 1887, maintains its corporate headquarters in Findlay, Ohio.

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Marathon Petroleum Corporation (MPC)

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296.88 +241.76 +438.61%
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Frequently Asked Questions

When was Marathon Petroleum Corporation founded?

Marathon Petroleum Corporation was founded on 2009, which makes the company 17 years old.

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Who is the CEO of Marathon Petroleum Corporation?

Maryann T. Mannen is the CEO of Marathon Petroleum Corporation.

What industry and sector is Marathon Petroleum Corporation in?

Marathon Petroleum Corporation operates in the Oil & Gas Refining & Marketing industry and the Energy sector.

What are Marathon Petroleum Corporation's CIK, SIC, and ISIN codes?

  • CIK (Central Index Key): 0001510295
  • SIC (Standard Industrial Classification): 2911
  • ISIN (International Securities Identification Number): US56585A1025

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How many employees does Marathon Petroleum Corporation have?

Marathon Petroleum Corporation has 18,500 employees.

What is the revenue of Marathon Petroleum Corporation?

In fiscal year 2025, Marathon Petroleum Corporation generated a revenue of $132.54 Billion.

What is the net income of Marathon Petroleum Corporation?

In fiscal year 2025, Marathon Petroleum Corporation reported a net income of $4.05 Billion.

What is Marathon Petroleum Corporation's biggest product segment?

Refining And Marketing is Marathon Petroleum Corporation's biggest product segment, representing 93.65% of its total revenue.

When was Marathon Petroleum Corporation listed on the stock exchange?

Marathon Petroleum Corporation went public on Jun 24, 2011, through its Initial Public Offering (IPO), and it has been 15 years since then.

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What is the ticker symbol of Marathon Petroleum Corporation, and where is it listed?

Marathon Petroleum Corporation's ticker symbol is MPC, and the company is listed on the NYSE stock market exchange.

What is Marathon Petroleum Corporation's current stock price?

Marathon Petroleum Corporation's current stock price is $296.87 as of Jul 14, 2026.

What is Marathon Petroleum Corporation's market capitalization?

As of , Marathon Petroleum Corporation's market cap is .

What is Marathon Petroleum Corporation's ranking in the world?

Ranked #18among 896 companies based on market cap.

Who are the top competitors of Marathon Petroleum Corporation?

Competitors of Marathon Petroleum Corporation include Phillips 66 and Valero Energy Corporation, and more.