Marathon Petroleum Corp.

Marathon Petroleum Corp.

Sector: Petroleum Refining Region: OH, United States

: | New York Stock Exchange: MPC

Similar to: Murphy Oil Corp.

Marathon Petroleum Corp. operates as a petroleum refinery company. It engages in the refining, marketing, distribution and transportation of petroleum products in the United States. The company operates through three business segments: Refining & Marketing, Speedway and Pipeline Transportation. The Refining & Marketing segment refines crude oil and other feedstocks at six refineries in the Gulf Coast and Midwest regions of the United States, purchases ethanol and refined products for resale and distributes refined products through various means, including barges, terminals and trucks. It sells refined products to wholesale marketing customers domestically and internationally. The Speedway segment sells transportation fuels and convenience products in the retail market in the Midwest, primarily through Speedway convenience stores. The Pipeline Transportation segment transports crude oil and other feedstocks to its refineries and other locations, delivers refined products to wholesale and retail market areas and includes among other transportation-related assets. The company was founded on June 30, 2011 and is headquartered in Findlay, OH.

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