Marathon Petroleum Corp. engages in the refining, marketing, and transportation of petroleum products. The company is headquartered in Findlay, Ohio and currently employs 18,300 full-time employees. The company went IPO on 2011-06-23. The Company’s segments include Refining & Marketing, Midstream and Renewable Diesel. 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. The company sells refined products to wholesale marketing customers domestically and internationally, to buyers on the spot market, and to independent entrepreneurs who operate primarily Marathon branded outlets. The Midstream segment gathers, transports, stores and distributes crude oil, refined products, including renewable diesel, and other hydrocarbon-based products, principally for the Refining & Marketing segment via refining logistics assets, pipelines, terminals, and others. The Renewable Diesel segment processes renewable feedstocks into renewable diesel, markets renewable diesel and distributes renewable products through its Midstream segment and third parties.
Follow-Up Questions
What is Marathon Petroleum Corp (MPC)'s P/E Ratio?
The P/E ratio of Marathon Petroleum Corp is 16.185
Who is the CEO of Marathon Petroleum Corp?
Ms. Maryann Mannen is the President of Marathon Petroleum Corp, joining the firm since 2021.
What is the price performance of MPC stock?
The current price of MPC is $186.68, it has increased 1.57% in the last trading day.
What are the primary business themes or industries for Marathon Petroleum Corp?
Marathon Petroleum Corp belongs to Energy industry and the sector is Energy
What is Marathon Petroleum Corp market cap?
Marathon Petroleum Corp's current market cap is $56.7B
Is Marathon Petroleum Corp a buy, sell, or hold?
According to wall street analysts, 21 analysts have made analyst ratings for Marathon Petroleum Corp, including 3 strong buy, 10 buy, 10 hold, 0 sell, and 3 strong sell
