MPC - Marathon Petroleum - Stock Price & Dividends

Marathon Petroleum Corporation is a leading integrated downstream energy company operating primarily in the United States. The company's operations are divided into two main segments: Refining & Marketing, and Midstream.

The Refining & Marketing segment is responsible for refining crude oil and other feedstocks at its refineries located in the Gulf Coast, Mid-Continent, and West Coast regions of the United States. This segment also purchases and resells refined products, including renewable diesel, and distributes them through a network of transportation, storage, and marketing services. The refined products produced by Marathon Petroleum include a range of transportation fuels, such as reformulated gasolines and blend-grade gasolines, as well as heavy fuel oil and asphalt. Additionally, this segment manufactures propane and petrochemicals.

The company sells its refined products to a diverse range of customers, including wholesale marketing customers in the United States and internationally, buyers on the spot market, and independent entrepreneurs who operate Marathon branded outlets. Marathon Petroleum also supplies fuel to direct dealer locations primarily under the ARCO brand through long-term fuel supply contracts.

The Midstream segment is responsible for the transportation, storage, distribution, and marketing of crude oil and refined products. This segment utilizes a network of refining logistics assets, pipelines, terminals, towboats, and barges to transport and store crude oil and refined products. Additionally, the Midstream segment gathers, processes, and transports natural gas, as well as gathers, transports, fractionates, stores, and markets natural gas liquids.

With a rich history dating back to 1887, Marathon Petroleum Corporation is headquartered in Findlay, Ohio, and is a major player in the downstream energy industry. For more information, visit the company's website at https://www.marathonpetroleum.com.