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Marathon Petroleum MPC · USD

Energy · Oil, Gas & Consumable Fuels · US listing · 🇺🇸 United States

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389.88

+4.60%

Close of 9 Nov 2026, in USD

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About Marathon Petroleum

From its filings with the US Securities and Exchange Commission

SEC filings

Marathon Petroleum is based in Findlay, Ohio and is incorporated in Delaware. Its shares trade on NYSE under the ticker MPC. It is a member of the S&P 500. The SEC classifies its business as petroleum refining. In the fiscal year to 31 December 2025, it reported revenue of $132.70bn and net income of $4.05bn. At that date it held total assets of $83.95bn and shareholders' equity of $17.31bn.

In its own words

MPC has nearly 140 years of history in the energy business, and is a leading, integrated, downstream and midstream energy company. We operate one of the nation's largest refining systems with approximately 3.0 million barrels per day of crude oil refining capacity and believe we are one of the largest wholesale suppliers of gasoline and distillates to resellers in the United States. We distribute our refined products through one of the largest terminal operations in the United States and one of the largest private domestic fleets of inland petroleum product barges. Our integrated midstream energy asset network links producers of natural gas and NGLs from some of the largest supply basins in the United States to domestic and international markets. In addition, we are one of the largest producers and marketers of renewable diesel in the United States.

Our operations consist of three reportable operating segments: Refining & Marketing, Midstream and Renewable Diesel. Each of these segments is organized and managed based upon the nature of the products and services it offers.

On October 1, 2018, we acquired Andeavor. Andeavor shareholders received in the aggregate approximately 239.8 million shares of MPC common stock valued at $19.8 billion and $3.5 billion in cash. Andeavor was a highly integrated marketing, logistics and refining company operating primarily in the Western and Mid-Continent United States.

Quoted from its 10-K, filed 26 Feb 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Listed since
23 Jun 2011
Employees
18,500
Head office
539 SOUTH MAIN STREET, FINDLAY, OH, 45840-3229
Incorporated in
DE
Classification
Petroleum Refining
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Mr. Michael HenniganExecutive Chairman of the Board, Executive Vice President - Refining, since 2019$23.8m
  • Ms. Maryann MannenPresident, Chief Executive Officer, Director, since 2021$14.4m
  • Mr. John QuaidChief Financial Officer, Executive Vice President$5.8m
  • Ms. Fiona LairdChief Human Resources Officer, Senior Vice President - Communications
  • Mr. Timothy AydtExecutive Vice President - Refining$6.2m
  • Mr. David HeppnerChief Strategy Officer and Senior Vice President Business Development
  • Mr. Ehren PowellSenior Vice President, Chief Digital Officer
  • Mr. James WilkinsSenior Vice President - Health, Environment, Safety and Security
  • Ms. Kristina KazarianVice President - Finance and Investor Relations
  • Ms. Erin BrzezinskiVice President, Controller
  • Ms. Kelly NieseVice President - Treasury
  • Mr. Gregory FloerkeExecutive Vice President, Chief Operating Officer of MPLX GP LLC$3.2m

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
79
Environment
68
Social
85
Governance
84
Direct emissions (scope 1)
33,000,000 t
Energy emissions (scope 2)
6,800,000 t
Value chain emissions (scope 3)
379,000,000 t
Women in the workforce
18%
Carbon reduction policy
No
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Marathon Petroleum Corp (MPC) possesses several strengths that contribute to its success in the market. These strengths include:

Weaknesses

  • Despite its strengths, Marathon Petroleum Corp faces certain weaknesses that can hinder its growth and performance. These weaknesses include:

Opportunities

  • Marathon Petroleum Corp can leverage several opportunities to drive its future growth and success:

Threats

  • Marathon Petroleum Corp must also navigate various threats that could impact its operations and profitability:

Sources and methodology

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