Marathon Petroleum
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Location
Headquarters: Findlay, Ohio, United States, North America
Region: Ohio
Country: US
Continent: North America
About
Marathon Petroleum Corporation is a major integrated downstream energy company based in Findlay, Ohio, recognized for operating the largest refining system in the United States. The company boasts a widespread marketing network that features branded retail outlets, primarily under the Marathon brand. Additionally, Marathon Petroleum holds significant stakes in MPLX LP, a midstream company specializing in gathering, processing, fractionation, and transportation of crude oil and light products.
Marathon Petroleum Corporation is an integrated downstream energy company that operates the largest refining system in the United States. It markets petroleum products through a widespread network of branded retail outlets, primarily under the Marathon brand. The company also holds significant interests in MPLX LP, which manages midstream assets for gathering, processing, and transporting crude oi
Marathon Petroleum Corporation
1887
for_profit
active
Industries
Primary Industry: Energy, Utilities & Waste
Categories
Funding & Financials
Public Company
6100000000
over-1b
ipo
NYSE:MPC
nasdaq
Investors
Founders
John D. Rockefeller’
Zhimin Chen
Leadership
Thomas Kaczynski — Vice President, Finance and Treasurer
William E. Pritchard III — petroleum geologist
C. Michael Palmer — Senior Vice President, Supply, Distribution & Planning
Ken Cardillo — Territory Manager
Raymond Brooks — Senior Vice President, Refining
Molly Benson — Vice President, Corporate Secretary and Chief Compliance Officer
Maria Khoury — Executive Vice President and Chief Financial Officer
Suzanne Gagle — Vice President and General Counsel
Technology Stack
Products
Refining Operations: Marathon Petroleum operates 13 refineries with a combined crude oil refining capacity of about 3 million barrels per day, producing various refined petroleum products.
Midstream Operations: MPLX LP, Marathon's midstream segment, manages gathering, transportation, storage, and processing of crude oil, refined products, natural gas, and natural gas liquids.
Retail Fuel Operations: Marathon Petroleum operates retail fuel stations under the Marathon and ARCO brands, serving customers across the U.S. and Northern Mexico.
Renewable Fuels Production: Marathon Petroleum produces renewable fuels including renewable diesel at multiple facilities, contributing to lower carbon intensity energy solutions.
Industrial Petroleum Products: Marathon Petroleum offers industrial petroleum-based products such as asphalt and petrochemicals for various business applications.
Funding rounds
Post Ipo Debt · $2B · (2025-02-06)
IPO · (2011-07-01)
