Marathon Petroleum Corporation

NYSE:MPC

Sector

⚡️ Energy

Industries

🏭 Oil Refining

💨 Gas

🚰 General Utilities

🛢 Oil Extraction

⛽ Oil & Gas

Location

United States

Market Cap

USD 51.46 B

Share Price

USD 167.41

Avg Daily Volume

2,783,933

Change (1 day)

-0.07%

Change (1 year)

-3.18%

Change (YTD)

20.01%

Marathon Petroleum Corporation Inventory for the year ending December 31, 2024: USD 9.57 B

Marathon Petroleum Corporation Inventory is USD 9.57 B for the year ending December 31, 2024, a 2.69% change year over year. Inventory is the value of goods held by a company for sale or used in the production process.

Marathon Petroleum Corporation Inventory for the year ending December 31, 2023 was USD 9.32 B, a 5.55% change year over year.
Marathon Petroleum Corporation Inventory for the year ending December 31, 2022 was USD 8.83 B, a 9.58% change year over year.
Marathon Petroleum Corporation Inventory for the year ending December 31, 2021 was USD 8.05 B, a 0.70% change year over year.
Marathon Petroleum Corporation Inventory for the year ending December 31, 2020 was USD 8.00 B, a -18.41% change year over year.

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Key data

Date	Inventory	Current Assets	Property, Plant, Equipment (Net)	Total Assets

NYSE: MPC

Marathon Petroleum Corporation

CEO	Ms. Maryann T. Mannen
IPO Date	June 24, 2011
Location	United States
Headquarters	539 South Main Street
Employees	18,300
Sector	⚡️ Energy
Industries Oil Refining 💨 Gas 🚰 General Utilities 🛢 Oil Extraction ⛽ Oil & Gas

Description

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.