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Marathon Petroleum Value Stock - Dividend - Research Selection

Marathon petroleum

ISIN: US56585A1025 , WKN: A1JEXK

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Description of the company

Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States. It operates through three segments: Refining & Marketing, Speedway, and Midstream. It refines crude oil and other feed stocks at its six refineries in the Gulf Coast and Midwest regions of the United States; and purchases refined products and ethanol for resale. Its refined products include gasoline, distillates, propane, feed stocks and special products, heavy fuel oil, and asphalt. It also sells transportation fuels and convenience products in the retail market through Speedway convenience stores; gathers, processes, and transports natural gas; gathers, transports, fractionates, stores, and markets natural gas liquids (NGLs); and transports and stores crude oil and refined products. It markets its refined products to resellers, consumers, independent retailers, wholesale customers, its Marathon brand jobbers and Speedway brand convenience stores, airlines, transportation companies, and utilities. It also exports its refined products. As of December 31, 2017, it owned and operated 18 asphalt terminals and 61 light products terminals; 2,744 convenience stores in 21 states; 289 transport trucks and 296 trailers; 1,999 leased and 19 owned railcars; and owned/leased and operated 1,613 miles of common carrier crude oil and 2,360 miles of common carrier products pipelines, as well as had 5,617 retail outlets in 20 states and the District of Columbia, and interests in 2,194 miles of crude oil and 1,917 miles of products pipelines. It also owns and operates 228 miles of private products pipelines; has ownership interests in 739 miles of common carrier crude oil pipeline and 1,741 miles of products pipelines; and distributes refined products through approximately 130 light products and 2 asphalt third-party terminals. The company was incorporated in 2009 and is headquartered in Findlay, Ohio.

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NEWS


The 3.3% return this week takes Marathon Petroleum's (NYSE:MPC) shareholders three-year gains to 295%

2024-03-24
The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But in contrast you can...

Marathon Petroleum price target raised by $42 at Mizuho, here's why

2024-03-22
Looking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results.

Investors Heavily Search Marathon Petroleum Corporation (MPC): Here is What You Need to Know

2024-03-21
Zacks.com users have recently been watching Marathon Petroleum (MPC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Bank of England holds interest rate steady at 5.25% as per expectations

2024-03-21
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S&P 500 and 20% of its holdings flash overbought signals, according to RSI levels

2024-03-21
Looking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results.

Marathon Petroleum (MPC) Ascends But Remains Behind Market: Some Facts to Note

2024-03-20
Marathon Petroleum (MPC) closed the most recent trading day at $197.75, moving +0.6% from the previous trading session.

Firefighter Academy Gives Students a Head Start

2024-03-20
NORTHAMPTON, MA / ACCESSWIRE / March 20, 2024 / Marathon Petroleum Corporation Some North Dakota teenagers are getting first-hand experience with the skills they would need to become professional firefighters. The city of Dickinson's fire department ...

Wells Fargo Remains a Buy on Marathon Petroleum (MPC)

2024-03-20
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Marathon Petroleum Corp. stock rises Wednesday, still underperforms market

2024-03-20
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Marathon Petroleum Corp. to Report First-Quarter Financial Results on April 30, 2024

2024-03-19
Marathon Petroleum Corp. (NYSE: MPC) will host a conference call on Tuesday, April 30, 2024, at 11 a.m. EDT to discuss 2024 first-quarter financial results.