About Marathon Petroleum Corporation (MPC)

Company Description:


Marathon Petroleum Corporation, a leading energy company, engages in refining, marketing, and transporting petroleum products primarily in the United States. It operates through two segments: Refining & Marketing, and Midstream. The company is known for its extensive refining network and distribution system which enables efficient fuel production and supply.

Marathon Petroleum was formed on November 9, 2009, through the spin-off of the downstream operations of Marathon Oil. It is headquartered in Findlay, Ohio, United States.


Main Product(s):


MPC's primary products include gasoline, distillates (such as diesel fuel and jet fuel), and heavy fuel oil. It also manufactures asphalt, petrochemicals, and lubricants.


Short History of Marathon Petroleum Corporation:


  • 2009 – Marathon Petroleum was established as a downstream spin-off of Marathon Oil.
  • 2011 – The company became publicly traded on the New York Stock Exchange.
  • 2018 – MPC acquired Andeavor, significantly expanding its refining capacity and market reach.
  • 2020 – The company announced plans to spin off its Speedway retail operations to 7-Eleven, Inc.
  • 2021 – The Speedway transaction was completed, making it one of the most significant deals in the retail sector.

Key Executives:

NameTitlePayExercisedYear Born
Mr. Michael J. HenniganPresident, CEO & Director6.77M13.42M1959
Ms. Maryann T. MannenExecutive VP & CFO2.83MN/A1963
Ms. Suzanne GagleSenior VP of Government Affairs & General Counsel1.8M2.22M1966
Mr. Timothy J. AydtExecutive Vice President of Refining1.89M3M1964
Mr. Gregory Scott FloerkeExecutive VP & COO of MPLX1.36M1.42M1963
Mr. Carl Kristopher HagedornSenior VP, Controller & Principal Accounting OfficerN/AN/A1976
Ms. Kristina Anna KazarianVice President of Finance & Investor RelationsN/AN/A1983
Ms. Molly R. BensonVP, Chief Securities, Governance & Compliance Officer and Corporate SecretaryN/AN/A1967
Ms. Fiona C. LairdSenior VP of Communications & Chief Human Resources OfficerN/AN/A1961
Mr. Brian K. ParteeSenior Vice President of Global Clean ProductsN/AN/A1974

Trade smart with Robert Lindner

Charts and financial information provided by TradingView, a popular charting & trading platform.

Check out even more advanced features or grab charts for your website.