MPC - Marathon Petroleum Corp.

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Marathon Petroleum Corporation, along with its subsidiaries, functions as a fully integrated downstream energy company primarily operating within the United States. The company operates through two core segments: Refining & Marketing, and Midstream. In the Refining & Marketing segment, Marathon Petroleum refines crude oil and other feedstocks at its refineries strategically located in the Gulf Coast, Mid-Continent, and West Coast regions of the U.S. Additionally, it purchases refined products and ethanol for resale, including transportation fuels such as reformulated and blend-grade gasolines, heavy fuel oil, asphalt, aromatics, propane, propylene, and sulfur. The segment distributes these products to wholesale marketing customers domestically and internationally, as well as through a network of Marathon branded outlets and ARCO branded locations under long-term fuel supply contracts.

The Midstream segment of Marathon Petroleum manages the transportation, storage, distribution, and marketing of crude oil and refined products utilizing a comprehensive network of refining logistics assets, pipelines, terminals, towboats, and barges. It also engages in the gathering, processing, transportation, fractionation, storage, and marketing of natural gas liquids, bolstering its role in the energy supply chain. As of December 31, 2021, Marathon Petroleum Corporation operated 7,159 brand jobber outlets across 37 states, the District of Columbia, and Mexico, all managed by independent entrepreneurs.

Founded in 1887 and headquartered in Findlay, Ohio, Marathon Petroleum Corporation stands as a stalwart in the energy sector with a rich history of refining excellence and operational innovation. The company's commitment to delivering high-quality products and reliable energy solutions underscores its pivotal role in meeting the fuel and energy needs of consumers and businesses across its extensive operational footprint. With a focus on sustainable growth and operational efficiency, Marathon Petroleum Corporation continues to navigate and thrive in the dynamic energy market landscape.

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