Marathon Petroleum

OverviewSuggest Edit

Marathon Petroleum Corporation (MPC) is an energy company dealing with petroleum products and renewable fuels. Its operations include refining, midstream, retail, and marketing. The company also offers a range of industrial petroleum products, such as asphalt, feedstocks, and petrochemicals.
TypePublic
Founded1887
HQFindlay, OH, US
Websitemarathonpetroleum.com
Employee Ratings3.6
Overall CultureD+

Locations

Marathon Petroleum is headquartered in
Findlay, United States

Location Map

Latest Updates

Employees (est.) (Dec 2021)17,700(-69%)
Job Openings237
Revenue (FY, 2021)$120 B(+72%)
Share Price (Jul 2022)$88
Cybersecurity ratingAMore
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Key People/Management at Marathon Petroleum

Michael Hennigan

Michael Hennigan

President and Chief Executive Officer, Director
Maryann Mannen

Maryann Mannen

Executive Vice President and Chief Financial Officer
Fiona Laird

Fiona Laird

Chief Human Resources Officer and Senior Vice President of Communications
Molly Benson

Molly Benson

Vice President, Chief Securities, Governance and Compliance Officer and Corporate Secretary
Raymond Brooks

Raymond Brooks

Executive Vice President of Refining
Suzanne Gagle

Suzanne Gagle

General Counsel and Senior Vice President of Government Affairs
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Marathon Petroleum Office Locations

Marathon Petroleum has offices in Findlay, Anacortes, Anchorage, Canton and in 11 other locations
Findlay, OH, US (HQ)
539 S Main St
Anacortes, WA, US
P.O. Box 700
Anchorage, AK, US
1076 Ocean Dock Rd
Canton, OH, US
2408 Gambrinus Ave SW
Carson, CA, US
2350 E 223rd St
Catlettsburg, KY, US
11631 US-23
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Marathon Petroleum Financials and Metrics

Marathon Petroleum Revenue

Marathon Petroleum's revenue was reported to be $119.98 b in FY, 2021
USD

Revenue (Q1, 2022)

38.1b

Gross profit (Q1, 2022)

3.0b

Net income (Q1, 2022)

1.2b

Market capitalization (26-Jul-2022)

54.1b

Closing stock price (26-Jul-2022)

88.0

Cash (31-Mar-2022)

7.1b
Marathon Petroleum's current market capitalization is $54.1 b.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

123.9b69.8b120.0b

Revenue growth, %

29%(44%)

Cost of goods sold

110.2b65.7b110.0b

Gross profit

13.7b4.0b10.0b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

25.2b15.0b17.4b22.7b29.6b32.3b38.1b

Cost of goods sold

22.8b13.8b16.7b21.1b27.2b29.6b35.1b

Gross profit

2.4b1.2b735.0m1.6b2.4b2.8b3.0b

Gross profit Margin, %

9%8%4%7%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

1.5b415.0m5.3b

Accounts Receivable

7.9b5.8b11.0b

Inventories

10.2b8.0b8.1b

Current Assets

20.2b28.3b30.5b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

1.7b1.1b618.0m624.0m11.8b5.9b7.1b

Accounts Receivable

5.6b4.4b4.9b7.5b9.8b9.5b15.7b

Inventories

7.4b8.1b7.4b8.4b8.9b9.2b9.5b

Current Assets

15.7b14.6b26.2b30.4b38.6b34.1b36.4b
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

3.3b(10.0b)11.0b

Depreciation and Amortization

3.6b3.4b3.4b

Inventories

(366.0m)1.8b(33.0m)

Accounts Payable

2.5b(2.9b)6.3b
Quarterly
USDQ1, 2012Q2, 2012Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

596.0m1.4b(10.2b)(9.9b)(10.6b)64.0m8.9b9.9b1.2b

Depreciation and Amortization

230.0m466.0m962.0m1.9b2.5b844.0m1.7b2.6b805.0m

Inventories

(32.0m)(697.0m)(422.0m)417.0m1.2b(408.0m)(880.0m)(1.2b)(1.4b)

Accounts Payable

(332.0m)(2.0b)(3.5b)(5.2b)(4.0b)1.8b4.5b4.7b6.7b
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Marathon Petroleum Operating Metrics

FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021FY, 2021Q1, 2022

Refinery Production, mbpd

3.15 k3.04 k2.31 k2.58 k2.62 k2.61 k2.71 k2.84 k2.83 k

Crude Oil Supply (Total), mbpd

2.9 k2.78 k2.17 k2.39 k2.42 k2.38 k2.89 k2.87 k2.62 k2.89 k

Refined Product Sales Destined for Export, mbpd

397383219389340243

Branded Outlets

6.9 k6.9 k7 k7 k7.09 k7.16 k

Marathon Petroleum Acquisitions / Subsidiaries

Company NameDateDeal Size
AndeavorApril 30, 2018$23.3 b
Felda IffcoApril 30, 2014
631 South Main Street Development LLC
Andeavor Field Services LLC
Andeavor Gathering I LLC
Andeavor LLC
Andeavor Logistics CD LLC
Andeavor Logistics GP LLC
Andeavor Logistics LP
Andeavor Logistics Rio Pipeline LLC
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Marathon Petroleum Revenue Breakdown

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Marathon Petroleum revenue breakdown by business segment: 7.7% from Midstream and 92.3% from Refining & Marketing

Human Capital Metrics

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Marathon Petroleum Cybersecurity Score

Cybersecurity ratingPremium dataset

A

95/100

SecurityScorecard logo

Marathon Petroleum Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Marathon Petroleum Online and Social Media Presence

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Marathon Petroleum Company Culture

  • Overall Culture

    D+

    62/100

  • CEO Rating

    D-

    54/100

  • Compensation

    C

    64/100

  • Diversity

    D+

    59/100

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Marathon Petroleum Frequently Asked Questions

  • When was Marathon Petroleum founded?

    Marathon Petroleum was founded in 1887.

  • Who are Marathon Petroleum key executives?

    Marathon Petroleum's key executives are Michael Hennigan, Maryann Mannen and Fiona Laird.

  • How many employees does Marathon Petroleum have?

    Marathon Petroleum has 17,700 employees.

  • What is Marathon Petroleum revenue?

    Latest Marathon Petroleum annual revenue is $120 b.

  • What is Marathon Petroleum revenue per employee?

    Latest Marathon Petroleum revenue per employee is $6.8 m.

  • Who are Marathon Petroleum competitors?

    Competitors of Marathon Petroleum include Shell, Delek US Holdings and HollyFrontier.

  • Where is Marathon Petroleum headquarters?

    Marathon Petroleum headquarters is located at 539 S Main St, Findlay.

  • Where are Marathon Petroleum offices?

    Marathon Petroleum has offices in Findlay, Anacortes, Anchorage, Canton and in 11 other locations.

  • How many offices does Marathon Petroleum have?

    Marathon Petroleum has 15 offices.