Marathon Petroleum Corporation

Headquartered in Findlay, Ohio, Marathon Petroleum Corporation (MPC), together with its subsidiaries, including Marathon Petroleum Company LP and Speedway LLC, is one of the largest petroleum product refiners, marketers and transporters in the United States.

MPC is the nation’s fourth-largest refiner and the largest refiner in the Midwest. MPC’s refining, marketing and transportation operations are concentrated primarily in the Midwest, Gulf Coast and Southeast regions of the U.S.

MPC operations are strategically located to serve major markets. They include a seven-plant refining network, a comprehensive terminal and transportation system, and extensive wholesale and retail marketing operations. This includes both the Marathon brand and MPC’s wholly-owned retail marketing subsidiary, Speedway LLC, the nation’s fourth-largest chain of company-owned and -operated retail gasoline and convenience stores.

Company Growth (employees)
Type
Public
HQ
Findlay, US
Founded
2009
Size (employees)
44,460 (est)
Marathon Petroleum Corporation was founded in 2009 and is headquartered in Findlay, US

Key People/Management at Marathon Petroleum Corporation

Gary Heminger

Gary Heminger

Chairman, President & Chief Executive Officer
Anthony Kenney

Anthony Kenney

President
Donald Templin

Donald Templin

Executive Vice President
Randy Nickerson

Randy Nickerson

Executive Vice President
Rodney Nichols

Rodney Nichols

Senior Vice Presiden
Michael Palmer

Michael Palmer

Senior Vice President
John Swearingen

John Swearingen

Senior Vice President
Raymond Brooks

Raymond Brooks

Senior Vice President
Timothy Griffith

Timothy Griffith

Senior Vice President & Chief Financial Officer
Thomas Kelley

Thomas Kelley

Senior Vice President

Marathon Petroleum Corporation Office Locations

Marathon Petroleum Corporation has offices in Findlay, Tampa, Detroit, Lexington and in 39 other locations
Findlay, US (HQ)
539 S Main St
Show all (43)

Marathon Petroleum Corporation Financials and Metrics

Marathon Petroleum Corporation Financials

Marathon Petroleum Corporation's revenue was reported to be $63.4 b in FY, 2016
USD

Revenue (Q2, 2017)

18.4 b

Gross profit (Q2, 2017)

4.2 b

Gross profit margin (Q2, 2017), %

23%

Net income (Q2, 2017)

574 m

EBIT (Q2, 2017)

982 m

Market capitalization (13-Dec-2017)

32.6 b

Cash (30-Jun-2017)

1.5 b

EV

43.7 b
Marathon Petroleum Corporation's current market capitalization is $32.6 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

100.3 b98.1 b72.3 b63.4 b

Revenue growth, %

(2%)(26%)(12%)

Cost of goods sold

87.4 b83.8 b55.6 b49.2 b

Gross profit

12.9 b14.3 b16.7 b14.2 b
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

20.6 b18.8 b12.8 b16.8 b16.5 b16.4 b18.4 b

Cost of goods sold

16.4 b14.2 b9.7 b12.8 b12.9 b13.1 b14.2 b

Gross profit

4.2 b4.6 b3.1 b4 b3.5 b3.3 b4.2 b

Gross profit Margin, %

20%24%24%24%21%20%23%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

2.3 b1.5 b1.1 b887 m

Inventories

4.7 b5.6 b5.2 b5.7 b

Current Assets

12.7 b11.3 b9.5 b10.4 b

PP&E

13.9 b16.3 b25.2 b25.8 b
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

2 b2.2 b2.1 b1.9 b2.1 b1.9 b2 b308 m1.8 b709 m2.2 b1.5 b

Inventories

5.7 b5.7 b5.6 b5.6 b5.4 b5.5 b5.6 b5 b5.2 b5.5 b5.4 b5.5 b

Current Assets

13.5 b13.4 b13.6 b12.9 b11.1 b11.4 b10.9 b8.1 b10.3 b9.5 b11 b10.4 b

PP&E

13.8 b13.9 b13.9 b16 b16.2 b16.3 b16.3 b25.3 b25.5 b25.7 b25.7 b25.8 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

2.1 b2.6 b2.9 b1.2 b

Inventories

(305 m)(786 m)80 m(70 m)

Cash From Operating Activities

3.4 b3.1 b4.1 b4 b

Purchases of PP&E

(1.2 b)(1.5 b)(2 b)(2.9 b)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

1.5 b207 m1.1 b1.8 b903 m1.7 b2.7 b(78 m)705 m924 m101 m675 m

Depreciation and Amortization

888 m320 m645 m967 m363 m725 m1.2 b490 m990 m1.5 b536 m1.1 b

Inventories

(1.3 b)(1 b)(923 m)(731 m)205 m102 m86 m226 m386 m71 m264 m107 m

Cash From Operating Activities

2.1 b766 m1.6 b2.7 b1.2 b2.2 b3.3 b327 m2.6 b3 b1.1 b2 b
USDY, 2017

EV/EBIT

44.5 x

EV/CFO

22.3 x

Revenue/Employee

412.8 k

Financial Leverage

2.3 x
Show all financial metrics

Marathon Petroleum Corporation Operating Metrics

Y, 2013Y, 2014Y, 2015

Oil Production Volume, barrels per day

1.8 m1.81 m1.89 m
Show all operating metrics

Marathon Petroleum Corporation Market Value History

Marathon Petroleum Corporation's Web-traffic and Trends

Marathon Petroleum Corporation Online and Social Media Presence

Marathon Petroleum Corporation Company Life and Culture

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