# Marathon Petroleum Corporation

> Marathon Petroleum refines crude oil into transportation fuels and industrial products, markets fuel through Marathon and ARCO outlets, and controls midstream operator MPLX. Its U.S. refinery network, logistics connections and renewable-diesel investments serve fuel marketers, commercial buyers and drivers.

- **Founded:** 2009
- **Headquarters:** Findlay, United States
- **Products:** Transportation fuels, Marathon and ARCO fuel brands, MPLX midstream services, Dickinson renewable diesel, Martinez Renewables
- **Notable:** Operates 13 petroleum refineries with approximately 3 million barrels per calendar day of crude capacity., Completed the $21 billion Speedway sale in May 2021., Converted Martinez to renewable fuels with Neste; facility reached full capacity by year-end 2024.

## Products & services

- **Transportation fuels** — Refining and marketing of gasoline, diesel and jet fuel.
- **Marathon and ARCO fuel brands** — Branded fuel distribution through retail networks, including independently operated outlets.
- **MPLX midstream services** — Pipeline transportation, terminal storage, natural-gas gathering and processing, and natural-gas-liquids fractionation.
- **Dickinson renewable diesel** — North Dakota petroleum refinery converted to renewable-diesel production.
- **Martinez Renewables** — 50/50 Neste joint venture; approximately 730 million gallons annual facility capacity, with production split equally. Operations began in 2023; full capacity achieved by year-end 2024.
- **Industrial petroleum products** — Asphalt, petrochemicals, natural gas liquids and petroleum coke for industrial buyers.

## Achievements

- Operates 13 petroleum refineries with approximately 3 million barrels per calendar day of crude capacity.
- Completed the $21 billion Speedway sale in May 2021.
- Converted Martinez to renewable fuels with Neste; facility reached full capacity by year-end 2024.
- Green Bison opened in 2023 with approximately 600 million pounds of annual refined soybean-oil capacity.

## Latest updates

- **2026-09** — Investor-relations calendar lists the third-quarter results call for November 3, 2026; results were not yet available as of October 22.
- **2026-08** — Reported second-quarter net income attributable to MPC of $5.1 billion and adjusted EBITDA of $8.5 billion. El Paso and Robinson yield-enhancement projects came online in the quarter.
- **2026-02** — Reported 2025 sales and other operating revenues of $132.699 billion.

## Links

- Website: https://www.marathonpetroleum.com/
- LinkedIn: https://www.linkedin.com/company/marathon-petroleum-company
- Twitter/X: https://x.com/MarathonPetroCo
- YouTube: https://www.youtube.com/channel/UC2VMk_st5c0dOZiLzCPhv2g
- Instagram: https://www.instagram.com/marathonpetroleum/
- Facebook: https://www.facebook.com/MarathonPetroleumCorporation

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Published by YesPress — https://yespress.io
Last updated: 2026-10-22