Marathon Petroleum Corporation

NYSE MPC

Marathon Petroleum Corporation Market Capitalization on January 14, 2025: USD 48.02 B

Marathon Petroleum Corporation Market Capitalization is USD 48.02 B on January 14, 2025, a -11.55% change year over year. Market capitalization represents total company value in stock market; higher suggests larger, more established company.
  • Marathon Petroleum Corporation 52-week high Market Capitalization is USD 77.19 B on April 05, 2024, which is 60.74% above the current Market Capitalization.
  • Marathon Petroleum Corporation 52-week low Market Capitalization is USD 42.31 B on December 19, 2024, which is -11.89% below the current Market Capitalization.
  • Marathon Petroleum Corporation average Market Capitalization for the last 52 weeks is USD 58.21 B.
Key data
Date Market Capitalization Share Price Price to Earnings Ratio (P/E) Price to Sales Ratio (P/S)
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NYSE: MPC

Marathon Petroleum Corporation

CEO Ms. Maryann T. Mannen
IPO Date June 24, 2011
Location United States
Headquarters 539 South Main Street
Employees 18,200
Sector Energy
Industries
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.

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StockViz Staff

January 15, 2025

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