Marathon Petroleum Corp. is a prominent integrated downstream energy company in the United States. Its operations are divided into two segments: Refining & Marketing and Midstream. Through its Refining & Marketing arm, the company refines crude oil and other feedstocks at its refineries situated strategically across the Gulf Coast, Mid-Continent, and West Coast regions of the US. Furthermore, Marathon purchases refined products and ethanol for resale, and distributes a range of refined products, including renewable diesel, via transportation, storage, distribution, and marketing services. The Refining & Marketing segment's products range from heavy fuel oil to asphalt and propane. The company sells refined products to buyers on the spot market, wholesalers, and independent entrepreneurs operating mainly Marathon branded outlets. Additionally, Marathon caters to direct dealer locations primarily under the ARCO brand through long-term fuel supply contracts. Marathon Petroleum's Midstream segment, on the other hand, provides vital transportation and storage facilities for crude oil and refined products through its refining logistics assets, pipelines, terminals, towboats, and barges. The company also gathers, processes, transports, and markets natural gas, besides fractionating, storing, and marketing natural gas liquids. The company's heritage can be traced back to 1887, and it is headquartered in Findlay, Ohio.
Marathon Petroleum's ticker is MPC
The company's shares trade on the NYSE stock exchange
They are based in Findlay, Ohio
There are 10,000+ employees working at Marathon Petroleum
It is marathonpetroleum.com
Marathon Petroleum is in the Energy sector
Marathon Petroleum is in the Oil & Gas Refining & Marketing industry
The following five companies are Marathon Petroleum's industry peers: