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Last $53.77 USD
Change Today +1.46 / 2.79%
Volume 7.6M
MPC On Other Exchanges
Symbol
Exchange
New York
Stuttgart
Mexico
As of 8:04 PM 07/1/15 All times are local (Market data is delayed by at least 15 minutes).

marathon petroleum corp (MPC) Snapshot

Open
$52.78
Previous Close
$52.31
Day High
$54.36
Day Low
$52.41
52 Week High
07/1/15 - $54.36
52 Week Low
10/16/14 - $37.32
Market Cap
29.2B
Average Volume 10 Days
4.5M
EPS TTM
$4.99
Shares Outstanding
543.3M
EX-Date
05/18/15
P/E TM
10.8x
Dividend
$1.00
Dividend Yield
1.86%
Current Stock Chart for MARATHON PETROLEUM CORP (MPC)

marathon petroleum corp (MPC) Details

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 Pipeline Transportation. The company refines crude oil and other feed stocks at its seven refineries in the Gulf Coast and Midwest regions of the United States; and purchases ethanol and refined products for resale. Its refined products include gasoline, distillates, propane, feed stocks and special products, heavy fuel oil, and asphalt. The company also sells transportation fuels and convenience products in the retail market through Speedway convenience stores; and transports crude oil and other feed stocks to its refineries and other locations. Marathon Petroleum Corporation markets its refined products to resellers, consumers, independent retailers, wholesale customers, marathon-branded independent entrepreneurs, its Speedway convenience stores, airlines, transportation companies, and utility companies, as well as exports its refined products. As of December 31, 2014, it owned, leased, and had ownership interests in approximately 8,300 miles of pipeline, as well as owned and operated 2,750 gasoline and convenience stores in 22 states of the United States; and had 5,460 retail outlets operated by independent entrepreneurs in 19 states in the United States. The company is headquartered in Findlay, Ohio.

45,340 Employees
Last Reported Date: 02/27/15

marathon petroleum corp (MPC) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $1.5M
President of Speedway LLC
Total Annual Compensation: $568.8K
Senior Vice President of Refining
Total Annual Compensation: $587.5K
Senior Vice President of Supply, Distribution...
Total Annual Compensation: $537.5K
Executive Vice President of Supply, Transport...
Total Annual Compensation: $687.5K
Compensation as of Fiscal Year 2014.

marathon petroleum corp (MPC) Key Developments

United Steelworkers Union Reaches a Tentative Deal with Marathon Petroleum Corp.'s Galveston Bay Refinery

The United Steelworkers union announced that it reached a tentative deal with Marathon Petroleum Corp.'s Galveston Bay Refinery to end the strike of 1,200 workers that started Feb. 1. The pact, if approved by the union members, would mark the end of a nationwide walkout that at its height affected 15 refineries, chemical plants and other locations. The striking employees at the Marathon refinery in Texas City include those who work in operations and maintenance. Marathon Petroleum accepted the union's contract offer. The union will begin talks with the company for an agreement that details the process for union members to return to work.

Marathon Petroleum Corp. to Pay Fine of Nearly $3 Million and Spend Another $2.8 Million on Pollution Controls at its Distribution Terminals in Indiana, Kentucky and Ohio

On May 19, 2015, the U.S. Justice Department announced that Marathon Petroleum Corp. will pay a fine of nearly $3 million and spend another $2.8 million on pollution controls at its distribution terminals in Indiana, Kentucky and Ohio. It is part of a settlement reached over allegations of Clean Air Act violations against Marathon at 10 facilities. The federal government said Marathon failed to comply with some fuel quality emissions standards along with record keeping, sampling and testing requirements. The company said that most of the alleged violations happened several years ago, and that it is taking steps to prevent them from happening again. The company said that most of the alleged violations were self-disclosed to the U.S. Environmental Protection Agency from 2007 to 2014. An agreement filed in U.S. District Court in Ohio said Marathon will make changes to reduce emissions on 14 fuel storage tanks at distribution terminals in Indiana, Kentucky and Ohio. The Justice Department and EPA said Marathon produced 356 million gallons of reformulated gasoline at its Texas City, Texas, refinery in 2007 that fell below Clean Air Act standards and had another 40 million gallons at the refinery that had too much sulfur in 2009. The government said that the company also was cited by the government for failing to comply with sampling, testing and reporting requirements for fuel production in 2008 and 2009.

Marathon Petroleum Corporation Presents at RBC Capital Markets 2015 Global Energy and Power Executive Conference, Jun-02-2015

Marathon Petroleum Corporation Presents at RBC Capital Markets 2015 Global Energy and Power Executive Conference, Jun-02-2015 . Venue: The Ritz Carlton Battery Park Hotel, New York, New York, United States.

 

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Industry Analysis

MPC

Industry Average

Valuation MPC Industry Range
Price/Earnings 9.2x
Price/Sales 0.3x
Price/Book 2.5x
Price/Cash Flow 6.2x
TEV/Sales 0.2x
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