Company Overview
Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company primarily in the United States. It operates in two segments, Refining & Marketing, and Midstream. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States; and purchases refined products and ethanol for resale. Its refined products include transportation fuels, such as reformulated gasolines and blend-grade gasolines; heavy fuel oil; and asphalt. This segment also manufactures aromatics, propane, propylene, and sulfur. It sells refined products to wholesale marketing customers in the United States and internationally, buyers on the spot market, and independent entrepreneurs who operate primarily Marathon branded outlets, as well as through long-term fuel supply contracts to direct dealer locations primarily under the ARCO brand. The Midstream segment transports, stores, distributes, and markets crude oil and refined products through refining logistics assets, pipelines, terminals, towboats, and barges; gathers, processes, and transports natural gas; and gathers, transports, fractionates, stores, and markets natural gas liquids. As of December 31, 2021, the company operated 7,159 brand jobber outlets in 37 states, the District of Columbia, and Mexico through independent entrepreneurs. Marathon Petroleum Corporation was founded in 1887 and is headquartered in Findlay, Ohio.
Company Information
- CEO
- Maryann T. Mannen
- Sector
- Energy
- Industry
- Oil & Gas Refining & Marketing
- Employees
- 18300
Contact Information
- Address
- 539 South Main Street
- Country
- US
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Energy leader with 54.18B market capitalization
- Trading Volume: 775.14K shares traded today
- Price Range: 52-week range of $115.10 - $183.10
- Exchange: Listed on New York Stock Exchange
Financial Metrics
Market Analysis for Marathon Petroleum Corporation
Marathon Petroleum Corporation (MPC) operates in the Oil & Gas Refining & Marketing industry within the Energy sector. With a current market capitalization of 54.18B, the company represents a significant player in its market. The stock is currently trading at $178.22 with a positivedaily change of 2.71%.
The company's 18300 employee base and presence on the New York Stock Exchangeexchange position it as a Energy sector leader. Investors should consider the stock's P/E ratio of 25.87, beta of 0.87, and 52-week price range from $115.10 to $183.10when evaluating investment opportunities.
Why Invest in Marathon Petroleum Corporation?
Strengths
- • Established market presence in Energy
- • Strong financial metrics and market position
- • Listed on major exchange (New York Stock Exchange)
- • Experienced leadership under Maryann T. Mannen
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
Related Energy Stocks
About Energy Sector
The Energy sector includes companies that explore, produce, refine, and distribute oil, gas, and other energy resources.