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224.62000 USD
5.17
2.25%
Last update Apr 9, 4:22 PM BST
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Day range
221.30000
237.56000
Previous close
229.78999
Open
234.89999
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Marathon Petroleum Corporation
224.62
5.17
2.25%

Overview

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Description

Marathon Petroleum Corporation is a leading integrated downstream energy company that refines, markets, and transports petroleum products across the United States. It operates the nation's largest refining system, featuring 16 high-capacity refineries primarily in the midcontinent, Gulf Coast, and West Coast regions, processing diverse crude oil types into gasoline, diesel fuel, jet fuel, petrochemical feedstocks, and renewable diesel. The company maintains an extensive logistics network, including pipelines, marine terminals, railcars, and tanker trucks, to ensure efficient supply chains from procurement to distribution for wholesale and retail customers. Marathon Petroleum markets fuels under brands like Marathon, Marathon Platinum, and Sunoco through a vast network of company-operated and dealer stations, complemented by its Speedway convenience store chain offering fuel, food, and merchandise. Through its majority interest in MPLX LP, a midstream partnership, it accesses gathering pipelines, processing facilities, storage terminals, and fractionation assets, enhancing operational synergies and fee-based revenues. Headquartered in Findlay, Ohio, Marathon Petroleum plays a pivotal role in the U.S. energy sector by powering transportation, aviation, and industrial needs with reliable, standards-compliant products.

About

CEO
Ms. Maryann T. Mannen
Employees
18500
Address
539 South Main Street
Findlay, 45840-3229, OH
United States
Phone
419 422 2121
Instrument type
Common stock
Sector
Energy
Industry
Oil & Gas Refining & Marketing
Country
United Kingdom
MIC code
XLON
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