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Global 500

Thomas Cordy—ZUMAPRESS

131

Marathon Petroleum

MPC

U.S.

Ohio-based refining giant Marathon Petroleum saw its revenue increase 21% in 2017 with earnings of $3.43 billion. With its acquisition of competitor Andeavor for $23.3 billion in April 2018, Marathon is poised to make an even bigger footprint in the sector moving forward. The deal gives Marathon a big new presence on the West Coast and results in a refining capacity of 3 billion barrels a day.

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CEO

Gary R. Heminger

Sector

Energy

Industry

Petroleum Refining

HQ Location

Findlay, Ohio

Years on Global 500 List

7

Employees

43,800

Excise taxes have been deducted.
Key Financials (Last Fiscal Year)
($ Millions)% change
Revenues ($M)$67,61021.0%
Profits ($M)$3,432.0192.3%
Assets ($M)$49,047
Total Stockholder Equity ($M)$14,033
Profit Ratios
Profit as % of Revenues5.1%
Profits as % of Assets7.0%
Profits as % of Stockholder Equity24.5%
STOCK QUOTE
()0.00 0.00 (0)
  • Previous Close:
  • Market Cap: NaNB
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  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
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News about Marathon Petroleum

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