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.

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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
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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
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Marathon Petroleum Corporation Office Locations

Marathon Petroleum Corporation has offices in West Union, Jewett, Catlettsburg, Vernon and in 46 other locations
Findlay, US (HQ)
539 S Main St
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Marathon Petroleum Corporation Financials and Metrics

Marathon Petroleum Corporation Financials

Marathon Petroleum Corporation's revenue was reported to be $75.37 b in FY, 2017
USD

Revenue (Q1, 2018)

19 b

Gross profit (Q1, 2018)

1.6 b

Gross profit margin (Q1, 2018), %

8.5%

Net income (Q1, 2018)

235 m

EBIT (Q1, 2018)

440 m

Market capitalization (21-May-2018)

36.4 b

Closing share price (21-May-2018)

78.9

Cash (31-Mar-2018)

4.7 b

EV

49 b
Marathon Petroleum Corporation's current market capitalization is $36.4 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

100.3 b98.1 b72.3 b63.4 b75.4 b

Revenue growth, %

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

Cost of goods sold

87.4 b83.8 b55.6 b49.2 b58.8 b

Gross profit

12.9 b14.3 b16.7 b14.2 b16.6 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Revenue

20.6 b18.8 b12.8 b16.8 b16.5 b16.4 b18.4 b19 b

Cost of goods sold

16.4 b14.2 b9.7 b12.8 b12.9 b13.1 b14.2 b17.4 b

Gross profit

4.2 b4.6 b3.1 b4 b3.5 b3.3 b4.2 b1.6 b

Gross profit Margin, %

20%24%24%24%21%20%23%9%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

2.3 b1.5 b1.1 b887 m3 b

Inventories

4.7 b5.6 b5.2 b5.7 b5.6 b

Current Assets

12.7 b11.3 b9.5 b10.4 b13.4 b

PP&E

13.9 b16.3 b25.2 b25.8 b26.4 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Cash

2 b2.2 b2.1 b1.9 b2.1 b1.9 b2 b308 m1.8 b709 m2.2 b1.5 b4.7 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 b5.1 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 b14.5 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 b26.6 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

2.1 b2.6 b2.9 b1.2 b3.8 b

Depreciation and Amortization

2.1 b

Inventories

(305 m)(786 m)80 m(70 m)106 m

Cash From Operating Activities

3.4 b3.1 b4.1 b4 b6.6 b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Net Income

1.5 b207 m1.1 b1.8 b903 m1.7 b2.7 b(78 m)705 m924 m101 m675 m235 m

Depreciation and Amortization

888 m320 m645 m967 m363 m725 m1.2 b490 m990 m1.5 b536 m1.1 b528 m

Inventories

(1.3 b)(1 b)(923 m)(731 m)205 m102 m86 m226 m386 m71 m264 m107 m440 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(137 m)
USDY, 2018

EV/EBIT

111.4 x

EV/CFO

-357.7 x

Financial Leverage

2.7 x
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Marathon Petroleum Corporation Operating Metrics

Y, 2013Y, 2014Y, 2015

Oil Production Volume, barrels per day

1.80 m1.81 m1.89 m
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