American petroleum refining, marketing, and transportation company
Not to be confused with Marathon Oil.
Marathon Petroleum Corporation
Marathon Petroleum headquarters in Findlay, Ohio
Company type
Public
Traded as
NYSE: MPC S&P 500 Component
Industry
Petroleum
Predecessors
Marathon Oil (1984) Ashland Global USX Corporation Marathon Oil
Founded
November 9, 2009; 14 years ago (2009-11-09)
Headquarters
Findlay, Ohio
,
U.S.
Number of locations
6,900 independently owned retail outlets
1,100 direct dealer locations
Area served
Worldwide
Key people
John P. Surma, Chairman Michael J. Hennigan, President & CEO
Products
Petroleum
Petrochemicals
Fuel
Production output
Total rated crude oil refining capacity: 3,067,000 BPCD (2020)
Services
Pipeline transport
Oil refining
Marketing
Revenue
US$177.41 billion (Fiscal Year Ended December 31, 2022)[1]
Operating income
US$19.78 billion (Fiscal Year Ended December 31, 2022)[1]
Net income
US$14.51 billion (Fiscal Year Ended December 31, 2022)[1]
Total assets
US$89.9 billion (Fiscal Year Ended December 31, 2022)[1]
Total equity
US$35.09 billion (Fiscal Year Ended December 31, 2022)[1]
Number of employees
43,800 (December 2017)
Website
marathonpetroleum.com
Footnotes / references [2]
Marathon Petroleum Corporation is an American petroleum refining, marketing, and transportation company headquartered in Findlay, Ohio. The company was a wholly owned subsidiary of Marathon Oil until a corporate spin-off in 2011.
MarathonPetroleum Corporation is an American petroleum refining, marketing, and transportation company headquartered in Findlay, Ohio. The company was...
operations to Marathon Ashland Petroleum LLC (MAP), now MarathonPetroleum. In 2001, USX, the holding company that owned United States Steel and Marathon, spun...
focused on the petroleum industry have owned or previously owned Standard Oil descendants, including U.S. Steel (which previously owned Marathon Oil), the...
capacity 631,000 barrels per day and has been owned and operated by MarathonPetroleum Corporation since 2013. The refinery was established in 1933 as Pan...
sale to MarathonPetroleum for $2.87 billion". Associated Press. 22 May 2014. "Hess Announces Sale of Retail Business to MarathonPetroleum Corporation...
It has a 120,000 barrels per day (bpd) capacity and is operated by MarathonPetroleum. The refinery receives crude feedstock via the Trans Mountain pipeline...
Petroleum refining in the United States in 2013 produced 18.9 million barrels per day of refined petroleum products, more than any other country. Although...
stations owned by MarathonPetroleum. BP, which formerly owned the brand, uses it in Northern California, Oregon and Washington, while Marathon has rights for...
in 2017. The Arco brand is now owned by MarathonPetroleum. Atlantic was founded as the "Atlantic Petroleum Storage Company" in 1866, in the then-fledgling...
The following is a list of notable companies in the petroleum industry that are engaged in petroleum exploration and production. The list is in alphabetical...
renewable diesel. Previously owned by Tidewater Petroleum, Tosco, Valero Energy, Tesoro and MarathonPetroleum. The refinery is located on 850 acres, in 2016...
Petroleum products are materials derived from crude oil (petroleum) as it is processed in oil refineries. Unlike petrochemicals, which are a collection...
Petroleum engineering is a field of engineering concerned with the activities related to the production of hydrocarbons, which can be either crude oil...
Gasoline brands. Tesoro, known at the time as Andeavor, was acquired by MarathonPetroleum on October 1, 2018. Tesoro was founded in 1968 by Dr. Robert Van Osdell...
Petroleum coke, abbreviated coke, pet coke or petcoke, is a final carbon-rich solid material that derives from oil refining, and is one type of the group...
Occidental Petroleum Corporation (often abbreviated Oxy in reference to its ticker symbol and logo) is an American company engaged in hydrocarbon exploration...
Nigerian National Petroleum Corporation (NNPC) is a for profit oil company in Nigeria. Formerly a government-owned corporation, it was transformed from...
'Benzine (Petroleum Naphtha)' that retails for a high price that would suggest it is a specialty product but conforms to MarathonPetroleum's 'VM&P Naphtha'...
The name petroleum covers both naturally occurring unprocessed crude oil and petroleum products that consist of refined crude oil. Petroleum is primarily...
Global Information
US$177.41 billion (Fiscal Year Ended December 31, 2022)[1]