United States
Marathon Petroleum Corporation Overview
Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company in the United States. The company operates through three key segments:
Business Segments
- Refining & Marketing: Refines crude oil and other feedstocks across Gulf Coast, Mid-Continent, and West Coast regions. Products include transportation fuels, heavy fuel oil, asphalt, propane, and petrochemicals. Distributes through wholesale, spot markets, and branded outlets (e.g., ARCO).
- Midstream: Handles crude oil, refined products, and renewable diesel logistics via pipelines, terminals, and marine transport. Also manages natural gas and natural gas liquids (NGLs).
- Renewable Diesel: Processes renewable feedstocks into renewable diesel, marketed through Midstream assets and third parties, including ARCO-branded supply contracts.
Key Products & Services
- Transportation fuels (gasoline, diesel)
- Heavy fuel oil & asphalt
- Propane & petrochemicals
- Renewable diesel
- Natural gas & NGLs
Founded in 1887, Marathon Petroleum is headquartered in Findlay, Ohio.
