Where is the closest Marathon?

Marathon Petroleum Corporation is an American leading refining, integrated, downstream energy and transportation company. Their headquarters are based in Findlay, Ohio. 

MPC operates America's one of the most extensive refining systems. MPC also has a robust marketing network and their retail stores and branded locations are spread across the United States. MPC also owns a subsidiary company responsible for the operations of their transportation and logistic infrastructure and full-cycle processing of crude oil. 

Marathon Petroleum is ranked as the 197th largest public company in the world. Their comprehensive product line embraces retail, commercial, and industrial operations.

History of Marathon Company

Marathon Petroleum Corporation's history dates back to 1887. In Lima, Ohio, a number of small scales oil companies merged together and founded Ohio Oil Company. In 1889, John D. Rockefeller's Standard Oil purchased Ohio Oil and moved their headquarters to Findlay, Ohio. Later on, the company keeps evolving with several acquisitions and finally named itself Marathon Oil Company to mark its 75th anniversary.

In 1990, the company’s corporate headquarter moved to Houston, Texas. And in 1998, a joint venture with Ashland Petroleum LLC became a success. Continuing the growth in 2011, Marathon Petroleum Corporation became stand-alone marketing, refining, and transportation company headquartered in Findlay, Ohio.

Business Direction

Marathon Petroleum is one of the largest public companies in the world. Their entire business is based on three types of major operations: refining, retail, and midstream. They are supporting the energy and fuel needs for over 130 years. And currently, Marathon Petroleum Corporation is operating United State's one of the largest refining systems.

Marathon Petroleum owns a network of 13 refineries connected with pipelines, terminals, and barges with an approximate capacity of refining 2.9 million crude oil each day.

The midstream segment of Marathon Petroleum basically includes all the operations done by their sponsored partner MPLX. They are responsible for the transport, market, and distribution of crude oil and refined products via the logistics network.

The last part of Marathon Petroleum’s business operations involves a wide-scale network of retail stores and outlets that are present across the US and Northern Mexico to ensure the safe and secure delivery of refined products to the normal public.

Key Facts

Marathon Petroleum was ranked at no 41 in America's list of Fortune 500 companies in terms of total revenue. And in 2020, according to Forbes Global, they were the 197th ranked largest public company in the world.

Conclusion

Marathon Petroleum Corporation is one of the leading players in the field of refining crude oil and its distribution, thanks to its sponsored partnership with MPLX's widespread logistics network. Following their most significant acquisition to date of 'Andeavor' in October 2018, they formally become America's largest petroleum refining operator and successfully announced themselves to the world with a network of 13 refineries and a huge refining capacity of 3 million barrels each day.

FAQ

What is the name of MPC's CEO?

Michael J. Hennigan is the CEO of Marathon Petroleum and he has been on the post since 18 March 2020.

What is the use of Marathon's Gift Card?

You can use the card to buy food, fuel, and other items available in your local Marathon locations.

Does Marathon has the facility to use gas cards?

The Marathon Universal Card can be used at every major gas station in the United States. 

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