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)
Findlay, US
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

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 18 other locations
Findlay, US (HQ)
539 S Main St
Show all (22)

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 which is a 12% decrease from the previous period.

Revenue (FY, 2016)

63.4 b

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

14.2 b

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

1.2 b

EBIT (FY, 2016)

2.4 b

Market capitalization (17-Oct-2017)

29.2 b

Cash (31-Dec-2016)

887 m


38.9 b
Marathon Petroleum Corporation's current market capitalization is $29.2 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016


100.3 b98.1 b72.3 b63.4 b

Revenue growth, %


Cost of goods sold

87.4 b83.8 b55.6 b49.2 b

Gross profit

12.9 b14.3 b16.7 b14.2 b
USDFY, 2013FY, 2014FY, 2015FY, 2016


2.3 b1.5 b1.1 b887 m


4.7 b5.6 b5.2 b5.7 b

Current Assets

12.7 b11.3 b9.5 b10.4 b


13.9 b16.3 b25.2 b25.8 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

2.1 b2.6 b2.9 b1.2 b


(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)
USDY, 2016


16.4 x


9.8 x


1.4 m


0.5 x


0.2 x

Financial Leverage

2.2 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

Traffic Overview of Marathon Petroleum Corporation

Marathon Petroleum Corporation Online and Social Media Presence

Marathon Petroleum Corporation Company Life and Culture

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