New Zealand markets closed

Marathon Petroleum Corporation (MPC)

NYSE - NYSE Delayed price. Currency in USD
Add to watchlist
165.46+1.17 (+0.71%)
At close: 04:00PM EDT
165.46 0.00 (0.00%)
After hours: 07:53PM EDT

Marathon Petroleum Corporation

539 South Main Street
Findlay, OH 45840-3229
United States
419 422 2121
https://www.marathonpetroleum.com

Sector(s)Energy
IndustryOil & Gas Refining & Marketing
Full-time employees18,200

Key executives

NameTitlePayExercisedYear born
Mr. Michael J. HenniganCEO & Director7.11MN/A1959
Ms. Maryann T. MannenPresident2.98MN/A1963
Mr. Timothy J. AydtExecutive Vice President of Refining2.37M479.17k1964
Mr. Gregory Scott FloerkeExecutive VP & COO of MPLX1.43M803.1k1963
Mr. John J. QuaidExecutive VP & CFON/AN/A1972
Ms. Kristina Anna KazarianVice President of Finance & Investor RelationsN/AN/A1983
Ms. Molly R. BensonChief Legal Officer & Corporate SecretaryN/AN/A1967
Ms. Fiona C. LairdSenior VP of Communications & Chief Human Resources OfficerN/AN/A1961
Mr. Brian K. ParteeChief Global Optimization OfficerN/AN/A1974
Mr. James R. WilkinsSenior Vice President of Health, Environment, Safety & SecurityN/AN/A1967
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company primarily in the United States. The company operates through Refining & Marketing, and Midstream segments. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States; and purchases refined products and ethanol for resale and distributes refined products, including renewable diesel, through transportation, storage, distribution, and marketing services. Its refined products include transportation fuels, such as reformulated gasolines and blend-grade gasolines; heavy fuel oil; and asphalt. This segment also manufactures propane and petrochemicals. It sells refined products to wholesale marketing customers in the United States and internationally, buyers on the spot market, and independent entrepreneurs who operate primarily Marathon branded outlets, as well as through long-term fuel supply contracts to direct dealer locations primarily under the ARCO brand. The Midstream segment transports, stores, distributes, and markets crude oil and refined products through refining logistics assets, pipelines, terminals, towboats, and barges; gathers, processes, and transports natural gas; and gathers, transports, fractionates, stores, and markets natural gas liquids. Marathon Petroleum Corporation was founded in 1887 and is headquartered in Findlay, Ohio.

Corporate governance

Marathon Petroleum Corporation’s ISS governance QualityScore as of 1 July 2024 is 4. The pillar scores are Audit: 3; Board: 3; Shareholder rights: 9; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.