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Oil & Gas

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Marathon Petroleum Corp.

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Findlay ,  United States

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Company Profile

  • Country

    United States
  • Employees

    60,910 people
  • Incorporation Year

    2009
  • Annual Revenue (Year)

    123 billion USD
  • Web web

  • Total Assets Value

    49.047 billion USD
  • Career career

  • Global Presence

    N/A

Who we are

Headquartered in Findlay, Ohio, Marathon Petroleum Corporation is an American petroleum refining, marketing, and transportation company. The company was a wholly-owned subsidiary of Marathon Oil until a corporate spin-off in 2011. The Company turned into the largest petroleum refinery operator in the United States, having 16 refineries and more than 3 million barrels per day of refining capacity, following its acquisition of Andeavor on October 1, 2018. Marathon Petroleum ranks No. 41 on the 2018 Fortune 500 list of the largest United States corporations by total revenue. In the 2020 Forbes Global 2000, it ranked as the 197th-largest public company in the world. 

What we do

In 1887, several small oil companies were grouped to form The Ohio Oil Company. From this humble beginning, the Company evolved into Marathon Petroleum Corporation. Gas stations took on new looks and additional services along the way, and new refining processes were conceived. Marathon Petroleum's marketing system includes branded locations across the United States, including Marathon branded outlets. MPC likewise possesses the general partner and majority limited partner interest in MPLX LP, a midstream company that owns and operates gathering, processing, and fractionation assets, as well as crude oil and light product transportation and logistics infrastructure.

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