Marathon petroleum corp

Marathon Petroleum Corporation is an American petroleum refining, marketing, and transportation company headquartered in Findlay, Ohio. The company was a wholly owned subsidiary of Marathon Oil until a corporate spin-off in marathon petroleum corp Marathon Petroleum traces its origin from a number of small oil companies in Ohio that banded together in It became the largest oil producer in the state, marathon petroleum corp.

Powered by. All the data and insights you need on Marathon Petroleum Corp in one report. Marathon Petroleum Corp MPC is a downstream energy company that refines, markets and transports petroleum products. With a number of convenience stores, MPC offers gasoline and a variety of products. An integrated system provides crude oil, feedstock, and petroleum-related products through a distribution network in the Midwest, East Coast, Southeast and Gulf Coast regions in the US.

Marathon petroleum corp

Marathon Oil Corporation is an American company engaged in hydrocarbon exploration incorporated in Ohio and headquartered at Town and Country Boulevard in Houston, Texas. The company is ranked th on the Fortune [2] and th on the Forbes Global As of December 31, , the company had million barrels of oil equivalent 5. Rockefeller 's Standard Oil. It remained a part of Standard Oil until Standard Oil was broken up in In , the company changed its name to "Marathon Oil Company". In , Mobil made a hostile takeover offer to buy the company. A legal battle ensued thereafter. In , the headquarters was moved to Houston, Texas , but the company's refining subsidiary maintained its headquarters in Findlay, Ohio. In , Marathon purchased the U. In , Marathon sold its Canadian operations to Husky Energy. The project includes distribution of insecticide nets, indoor residual spraying and larval source management, preventive therapy for pregnant women and malaria case management, and investment in a possible malaria vaccine. According to a study, the company was responsible for 0. James C. Donnell, II, — subsidiary of U.

Marathon Petroleum Corp MPC is a downstream energy company that refines, markets and transports petroleum products.

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Marathon Petroleum Corporation is an American petroleum refining, marketing, and transportation company headquartered in Findlay, Ohio. The company was a wholly owned subsidiary of Marathon Oil until a corporate spin-off in Marathon Petroleum traces its origin from a number of small oil companies in Ohio that banded together in It became the largest oil producer in the state. After the U. Supreme Court ordered its parent company to break up as a result of the Sherman Anti-Trust Act in , Ohio Oil again became independent. In , the company discovered oil in Texas. This purchase included a refinery and 17 brand service stations in Indiana. Several years later, Ohio Oil acquired Transcontinental Oil, which — in addition to refineries, storage facilities, and filling stations — the Marathon product name. Following its acquisition of Andeavor on October 1, , Marathon Petroleum became the largest petroleum refinery operator in the United States , with 16 refineries and over 3 million barrels per calendar day of refining capacity.

Marathon petroleum corp

Marathon Petroleum Corp. Adjustments are shown in the accompanying release tables. This decrease was primarily driven by lower energy costs. The results were primarily driven by higher rates, growth from equity affiliates, and higher total throughputs, partially offset by lower natural gas liquids prices.

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Traded as. Net income. Wikimedia Commons. ISSN United States. Marathon Petroleum. Retrieved 31 October CSP Daily News. All the data and insights you need on Marathon Petroleum Corp in one report. On June 30, , Marathon Oil distributed all of its shares in the company to its shareholders via a corporate spin-off. Core sampling Geophysics Integrated asset modelling Petroleum engineering Reservoir simulation Seismic to simulation Petroleum geology Petrophysics Reflection seismology Seismic inversion Seismic source. Wikimedia Commons.

As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Marathon Petroleum Corp's dividend performance and assess its sustainability.

John Dustin Archbold Jabez A. Authority control databases. July 31, This purchase included a refinery and 17 brand service stations in Indiana. Detroit, Michigan. Contents move to sidebar hide. American City Business Journals. Read Edit View history. Pipeline transport Oil refining Marketing. Salt Lake City, Utah.