Marathon Petroleum Overview

  • Year Founded
  • 1887

Year Founded

  • Status
  • Public

  • Employees
  • 18,200

Employees

  • Stock Symbol
  • MPC

Stock Symbol

  • Investments
  • 25

  • Share Price
  • $165.56
  • (As of Wednesday Closing)

Marathon Petroleum General Information

Description

Marathon Petroleum is an independent refiner with 13 refineries in the midcontinent, West Coast, and Gulf Coast of the United States with total throughput capacity of 3.0 million barrels per day. Its Dickinson, North Dakota, facility produces 184 million gallons a year of renewable diesel. Its Martinez, California, facility will have the ability to produce 730 million gallons a year of renewable diesel once converted. The firm also owns and operates midstream assets primarily through its listed master limited partnership, MPLX.

Contact Information

Formerly Known As
Marathon Ashland Petroleum
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Energy Refining
Other Industries
Energy Marketing
Energy Transportation
Stock Exchange
NYS
Corporate Office
  • 539 South Main Street
  • Findlay, OH 45840
  • United States
+1 (419) 000-0000

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Marathon Petroleum Stock Performance

(As of Wednesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$165.56 $167.67 $119.46 - $221.11 $58.3B 368M 2.49M $20.10

Marathon Petroleum Financials Summary

In Thousands,
USD
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 97,879,722 78,794,888 78,779,434 62,611,456
Revenue 146,221,000 148,379,000 177,453,000 119,983,000
EBITDA 15,621,000 17,889,000 24,658,000 7,433,000
Net Income 7,894,000 9,681,000 14,516,000 9,738,000
Total Assets 85,528,000 85,987,000 89,904,000 85,373,000
Total Debt 28,531,000 28,501,000 27,909,000 26,904,000
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Marathon Petroleum Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Marathon Petroleum Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Marathon Petroleum is an independent refiner with 13 refineries in the midcontinent, West Coast, and Gulf Coast of the U
Energy Refining
Findlay, OH
18,200 As of 2023
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Dallas, TX
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Sugar Land, TX
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Marathon Petroleum Competitors (8)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
HF Sinclair Corporation Dallas, TX 0000 000000000000
CVR Refining Corporation Sugar Land, TX 000 00000 00000000 00000
Phillips 66 Corporation Houston, TX 00000 000.00 000000000 00 000.00
Valero Energy Corporation San Antonio, TX 0000 00.00 000000000 00 00.00
Citgo Petroleum Corporate Backed or Acquired Houston, TX 0000 00.00 00000000. 00 00.00
You’re viewing 5 of 8 competitors. Get the full list »

Marathon Petroleum Patents

Marathon Petroleum Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-12006014-B1 Exhaust vent hoods for marine vessels and related methods Active 18-Feb-2023 000000000 000
US-12012082-B1 Systems and methods for a hydraulic vent interlock Active 30-Dec-2022 000000000 000
CA-3216304-A1 Systems and methods for a hydraulic vent interlock Pending 30-Dec-2022 000000000
US-20240217498-A1 Systems and methods for a hydraulic vent interlock Active 30-Dec-2022 000000000
CA-3209668-A1 Systems and methods for backhaul transportation of liquefied gas and co2 using liquefied gas carriers Pending 16-Dec-2022
To view Marathon Petroleum’s complete patent history, request access »

Marathon Petroleum Executive Team (52)

Name Title Board Seat
Maryann Mannen President
John Quaid Chief Financial Officer, Finance & Executive Vice President
C. Kristopher Hagedorn Senior Vice President & Controller
Erin Brzezinski Chief Accounting Officer, Accounting & Controller, Finance
Molly Benson JD Secretary, Administration & Chief Legal Officer, Legal
You’re viewing 5 of 52 executive team members. Get the full list »

Marathon Petroleum Board Members (22)

Name Representing Role Since
000000000 00000000 Marathon Petroleum Board Member 000 0000
0. 0000 00 Self Board Member 000 0000
0000000 00000 Marathon Petroleum Board Member 000 0000
000000 0000000 Self Board Member 000 0000
000000 00000 Self Board Member 000 0000
You’re viewing 5 of 22 board members. Get the full list »

Marathon Petroleum Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Marathon Petroleum Investments & Acquisitions (25)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Blue Planet Systems 04-Apr-2024 00000 0000 000.00 Other Commercial Products
FlyScan 19-Sep-2023 00000 0000 Electronic Equipment and Instruments
Sapphire Technologies 11-Jul-2023 00000 0000 0000 Oil and Gas Equipment
LF Bioenergy 06-Mar-2023 000000000 0000 Other Energy Services
Green Bison Soy Processing 14-Dec-2021 Joint Venture Energy Production 00000 000
You’re viewing 5 of 25 investments and acquisitions. Get the full list »

Marathon Petroleum Subsidiaries (1)

Company Name Industry Location Founded
Marathon Petroleum Retirement Plan Corporate Pension Findlay, OH 0000
To view Marathon Petroleum’s complete subsidiaries history, request access »

Marathon Petroleum ESG

Risk Overview

Risk Rating

Updated May, 31, 2024

30.28 | High Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,216

Rank

00.00

Percentile

Refiners & Pipelines

Industry

00 of 203

Rank

00.00

Percentile

Oil & Gas Refining and Marketing

Subindustry

00 of 90

Rank

00.00

Percentile

To view Marathon Petroleum’s complete esg history, request access »

Marathon Petroleum Exits (2)

Company Name Exit Date Exit Type Exit Size Status Buyers
Pilot Company 01-Sep-2001 00000 0000000 Completed
  • 2 buyers
Husky Energy Merger/Acquisition Completed
To view Marathon Petroleum’s complete exits history, request access »

Marathon Petroleum FAQs

  • When was Marathon Petroleum founded?

    Marathon Petroleum was founded in 1887.

  • Who is the CEO of Marathon Petroleum?

    Michael Hennigan is the CEO of Marathon Petroleum.

  • Where is Marathon Petroleum headquartered?

    Marathon Petroleum is headquartered in Findlay, OH.

  • What is the size of Marathon Petroleum?

    Marathon Petroleum has 18,200 total employees.

  • What industry is Marathon Petroleum in?

    Marathon Petroleum’s primary industry is Energy Refining.

  • Is Marathon Petroleum a private or public company?

    Marathon Petroleum is a Public company.

  • What is Marathon Petroleum’s stock symbol?

    The ticker symbol for Marathon Petroleum is MPC.

  • What is the current stock price of Marathon Petroleum?

    As of 17-Jul-2024 the stock price of Marathon Petroleum is $165.56.

  • What is the current market cap of Marathon Petroleum?

    The current market capitalization of Marathon Petroleum is $58.3B.

  • What is Marathon Petroleum’s current revenue?

    The trailing twelve month revenue for Marathon Petroleum is $146B.

  • Who are Marathon Petroleum’s competitors?

    HF Sinclair, CVR Refining, Phillips 66, Valero Energy, and Citgo Petroleum are some of the 8 competitors of Marathon Petroleum.

  • What is Marathon Petroleum’s annual earnings per share (EPS)?

    Marathon Petroleum’s EPS for 12 months was $20.10.

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