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, 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.

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 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.

Before the deal, Marathon had a much smaller presence in Western Pennsylvaniawhile having a somewhat larger presence in West Virginia and an almost ubiquitous presence in Southern Ohio. Inmarathon petroleum corp, Marathon sold its Canadian operations to Husky Energy. Read Edit View history.

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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.

Marathon petroleum corp

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. Marathon Petroleum is an independent refiner with 13 refineries in the midcontinent, West Coast, and Gulf Coast of the United States with total throughput capacity of 2. Its Dickinson, North Dakota, facility produces million gallons a year of renewable diesel. Its Martinez, California, facility will have the ability to produce million gallons a year of renewable diesel once converted. The firm also owns and operates midstream assets primarily through its listed master limited partnership, MPLX. Marathon Petroleum Corp has maintained a consistent dividend payment record since , distributing dividends on a quarterly basis.

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In , Marathon purchased numerous assets from BP including a , barrel per calendar day refinery in Texas City, Texas , four light product distribution terminals, and retail marketing contracts for 1, retail stations throughout the southeastern United States. October 6, Marathon Petroleum. American company engaged in hydrocarbon exploration headquartered in Houston, Texas. Pipeline transport Oil refining Marketing. Marathon Petroleum traces its origin from a number of small oil companies in Ohio that banded together in Key Financial Charts. Rockefeller William Rockefeller Jr. In , the company changed its name to "Marathon Oil Company". The Globe and Mail. The New York Times. Israel United States 2 3 Czech Republic 2. July 10,

Marathon Petroleum Corp. Adjustments are shown in the accompanying release tables. This decrease was primarily driven by lower energy costs.

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. 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. Retrieved September 6, July 10, History History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events. Traded as. Visit Corporate Site. Authority control databases. National oil companies. Who We Serve Build your customized intelligence tool. Gallup Refinery [11]. Surma , Chairman Michael J.