Marathon Petroleum (NYSE:MPC) is a leading American petroleum refining, marketing and transportation company headquartered in Findlay, Ohio. The company’s core business involves refining crude oil into end products such as gasoline, diesel fuel, jet fuel and petrochemical feedstocks. Its integrated operations span from crude procurement through transportation and distribution, supporting reliable supply chains for both wholesale and retail customers.
Marathon Petroleum operates several high-capacity refineries located in key energy hubs across the United States, including facilities in Texas, Louisiana, California and North Dakota. These refineries process a variety of crude types and employ advanced technologies to produce fuels and specialty products that meet industry and environmental standards. The company’s logistics network comprises pipelines, marine terminals, railcars and tanker trucks, enabling efficient movement of feedstocks and refined products nationwide.
In the downstream segment, Marathon Petroleum markets fuel under the Marathon, Marathon Platinum and Sunoco brands, serving motorists through an extensive network of company-operated and branded dealer stations. The company also owns and operates the Speedway convenience store chain, offering fuel, food-service items and retail merchandise. Through its investment in MPLX LP, a midstream energy partnership, Marathon Petroleum holds interests in gathering pipelines, storage terminals and fractionation facilities, providing additional fee-based revenue and operational synergies.
Formed in 2011 as a spin-off from Marathon Oil, Marathon Petroleum has grown through strategic mergers and acquisitions, most notably the acquisition of Andeavor in 2018, which expanded its refining capacity and geographic footprint. The company is led by President and Chief Executive Officer Michael J. Hennigan and a senior management team focused on operational excellence, safety, environmental stewardship and disciplined capital allocation across its integrated energy operations.
