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Last update at 2025-02-20T19:11:00Z
Marathon Petroleum: Investing in Our Employees
Tue 18 Feb 25, 04:05 PMOur People: Scientist Anne Partmann
Fri 14 Feb 25, 08:50 PMActivist Elliott Ratchets Up Pressure on Phillips 66 With Over $2.5 Billion Stake
Tue 11 Feb 25, 02:00 AMMurphy USA Q4 Earnings Beat on Higher Merchandise Sales
Mon 10 Feb 25, 01:07 PMMarathon Petroleum Corp. prices $2.0 billion senior notes offering
Thu 06 Feb 25, 10:45 PMMarathon Petroleum Tops Q4 Earnings on Higher Throughput
Wed 05 Feb 25, 01:30 PMMarathon Petroleum Full Year 2024 Earnings: Beats Expectations
Wed 05 Feb 25, 10:34 AMQ4 2024 Marathon Petroleum Corp Earnings Call
Wed 05 Feb 25, 07:30 AMMarathon Petroleum Corp (MPC) Q4 2024 Earnings Call Highlights: Strong Capital Returns Amid ...
Wed 05 Feb 25, 07:12 AMTop US Refiner Is Ready to Switch to Domestic Crude on Tariffs
Tue 04 Feb 25, 10:22 PMBreakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | 20469.00M | 2817.00M | -13612.00000M | 3233.00M | 3697.00M |
Minority interest | -1534.00000M | -1263.00000M | -151.00000M | 618.00M | 826.00M |
Net income | 14516.00M | 1288.00M | -11032.00000M | 1830.00M | 2106.00M |
Selling general administrative | 2772.00M | 2537.00M | 2710.00M | 3408.00M | 2418.00M |
Selling and marketing expenses | - | - | - | - | 333.00M |
Gross profit | 26565.00M | 10443.00M | 4163.00M | 12047.00M | 9237.00M |
Reconciled depreciation | 3215.00M | 3364.00M | 3375.00M | 3638.00M | 2490.00M |
Ebit | 19750.00M | 3757.00M | -2600.00000M | 5065.00M | 4576.00M |
Ebitda | 22965.00M | 7121.00M | 775.00M | 8290.00M | 6746.00M |
Depreciation and amortization | 3215.00M | 3364.00M | 3375.00M | 3225.00M | 2170.00M |
Non operating income net other | - | - | - | - | - |
Operating income | 19750.00M | 3757.00M | -2600.00000M | 5065.00M | 4576.00M |
Other operating expenses | 156763.00M | 116381.00M | 82184.00M | 106851.00M | 81729.00M |
Interest expense | -1004.00000M | -1253.00000M | -1324.00000M | -1191.00000M | 858.00M |
Tax provision | 4491.00M | 264.00M | -2337.00000M | 1074.00M | 962.00M |
Interest income | 1004.00M | 1483.00M | 1365.00M | 40.00M | 87.00M |
Net interest income | -1000.00000M | -1483.00000M | -1365.00000M | -1244.00000M | -886.00000M |
Extraordinary items | 72.00M | 8448.00M | 1205.00M | 806.00M | 673.00M |
Non recurring | - | - | 8793.00M | 1197.00M | - |
Other items | - | - | - | - | - |
Income tax expense | 4491.00M | 264.00M | 2430.00M | 784.00M | 764.00M |
Total revenue | 178236.00M | 120451.00M | 69896.00M | 111275.00M | 86284.00M |
Total operating expenses | 5092.00M | 6373.00M | 16451.00M | 7623.00M | 4682.00M |
Cost of revenue | 151671.00M | 110008.00M | 65733.00M | 99228.00M | 77047.00M |
Total other income expense net | 719.00M | -940.00000M | -11012.00000M | -1832.00000M | -879.00000M |
Discontinued operations | 72.00M | 8448.00M | 1205.00M | 1205.00M | 1205.00M |
Net income from continuing ops | 15978.00M | 2553.00M | -11182.00000M | 3255.00M | 3606.00M |
Net income applicable to common shares | 14508.00M | 9738.00M | -9826.00000M | 2637.00M | 2780.00M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Total assets | 89904.00M | 85373.00M | 85158.00M | 98556.00M | 92940.00M |
Intangible assets | - | 2135.00M | 2360.00M | 2928.00M | 3314.00M |
Earning assets | - | - | - | - | - |
Other current assets | 1168.00M | 568.00M | 2724.00M | 528.00M | 646.00M |
Total liab | 54817.00M | 51792.00M | 54938.00M | 55449.00M | 27524.00M |
Total stockholder equity | 27715.00M | 26206.00M | 22199.00M | 33694.00M | 35175.00M |
Deferred long term liab | 7208.00M | 6984.00M | 7410.00M | 7657.00M | 6182.00M |
Other current liab | 3274.00M | 1047.00M | 2672.00M | 897.00M | 708.00M |
Common stock | 10.00M | 10.00M | 10.00M | 10.00M | 10.00M |
Capital stock | 10.00M | 10.00M | 10.00M | 10.00M | 10.00M |
Retained earnings | 26142.00M | 12905.00M | 4650.00M | 15990.00M | 14755.00M |
Other liab | 8322.00M | 7999.00M | 9531.00M | 9300.00M | 7691.00M |
Good will | 8244.00M | 8256.00M | 8256.00M | 20040.00M | 20184.00M |
Other assets | 3081.00M | 2400.00M | 9580.00M | 3374.00M | 3777.00M |
Cash | 8625.00M | 5291.00M | 555.00M | 1527.00M | 1687.00M |
Cash and equivalents | 8625.00M | 5291.00M | 415.00M | 1393.00M | 1687.00M |
Total current liabilities | 20020.00M | 17898.00M | 15663.00M | 16147.00M | 13216.00M |
Current deferred revenue | - | 2142.00M | 1837.00M | 2312.00M | 2598.00M |
Net debt | 19284.00M | 21613.00M | 32540.00M | 29790.00M | 25837.00M |
Short term debt | 1434.00M | 1009.00M | 3351.00M | 1315.00M | 544.00M |
Short long term debt | 1066.00M | 571.00M | 2854.00M | 711.00M | 544.00M |
Short long term debt total | 27909.00M | 26904.00M | 33095.00M | 31317.00M | 27524.00M |
Other stockholder equity | 1561.00M | 13358.00M | 18051.00M | 18014.00M | 20554.00M |
Property plant equipment | 36871.00M | 38812.00M | 39035.00M | 45615.00M | 45058.00M |
Total current assets | 35242.00M | 30496.00M | 28287.00M | 20170.00M | 18023.00M |
Long term investments | 6466.00M | 5409.00M | 5422.00M | 6898.00M | 5898.00M |
Net tangible assets | 20439.00M | 20024.00M | 14911.00M | 14622.00M | 15995.00M |
Short term investments | 3145.00M | 5548.00M | 5422.00M | - | - |
Net receivables | 13477.00M | 11034.00M | 5760.00M | 7872.00M | 5853.00M |
Long term debt | 25183.00M | 24443.00M | 28730.00M | 28127.00M | 26980.00M |
Inventory | 8827.00M | 8055.00M | 7999.00M | 10243.00M | 9837.00M |
Accounts payable | 15312.00M | 13700.00M | 7803.00M | 11623.00M | 9366.00M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | 6404.00M | 6410.00M | 7053.00M | 8445.00M | 8874.00M |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | 2.00M | -67.00000M | -512.00000M | -320.00000M | -144.00000M |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | 10.00M | 10.00M | 10.00M | 10.00M | 10.00M |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | 26142.00M | 12905.00M | 4650.00M | 15990.00M | 14755.00M |
Treasury stock | -31841.00000M | -19904.00000M | -15157.00000M | -15143.00000M | -13175.00000M |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | -2823.00000M | -3238.00000M | -3566.00000M | -3018.00000M | -1087.00000M |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 54662.00M | 54877.00M | 56871.00M | 78386.00M | 74917.00M |
Capital lease obligations | 1209.00M | 1365.00M | 1511.00M | 2479.00M | - |
Long term debt total | 25634.00M | 24968.00M | 28730.00M | 28127.00M | 26980.00M |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Investments | 2542.00M | -5719.00000M | -348.00000M | -966.00000M | -393.00000M |
Change to liabilities | 1909.00M | 6260.00M | -2927.00000M | 2502.00M | -2798.00000M |
Total cashflows from investing activities | 623.00M | 14797.00M | -3257.00000M | -6261.00000M | -7670.00000M |
Net borrowings | 1060.00M | -6273.00000M | 2676.00M | 1179.00M | 5358.00M |
Total cash from financing activities | -13647.00000M | -14419.00000M | -135.00000M | -3376.00000M | 222.00M |
Change to operating activities | - | 3.00M | -19.00000M | 14.00M | 14.00M |
Net income | 14516.00M | 9738.00M | -9826.00000M | 2637.00M | 2780.00M |
Change in cash | 3337.00M | 4738.00M | -973.00000M | -196.00000M | -1290.00000M |
Begin period cash flow | 5294.00M | 556.00M | 1529.00M | 1725.00M | 3015.00M |
End period cash flow | 8631.00M | 5294.00M | 556.00M | 1529.00M | 1725.00M |
Total cash from operating activities | 16361.00M | 4360.00M | 2419.00M | 9441.00M | 6158.00M |
Issuance of capital stock | 243.00M | 106.00M | 11.00M | 10.00M | 24.00M |
Depreciation | 3215.00M | 3364.00M | 3375.00M | 3225.00M | 2170.00M |
Other cashflows from investing activities | 3043.00M | 21980.00M | -122.00000M | 79.00M | -3699.00000M |
Dividends paid | -1279.00000M | -1484.00000M | -1510.00000M | -1398.00000M | 954.00M |
Change to inventory | -787.00000M | -33.00000M | 1750.00M | -362.00000M | 965.00M |
Change to account receivables | -2315.00000M | -5299.00000M | 1465.00M | -1717.00000M | 1277.00M |
Sale purchase of stock | -11922.00000M | -4654.00000M | 16400.00M | -1950.00000M | -3287.00000M |
Other cashflows from financing activities | 1591.00M | 17450.00M | 1375.00M | 13035.00M | 12471.00M |
Change to netincome | -1420.00000M | -8581.00000M | 11068.00M | 2453.00M | 180.00M |
Capital expenditures | 2420.00M | 1464.00M | 2787.00M | 4810.00M | 3179.00M |
Change receivables | -2315.00000M | -5299.00000M | 1465.00M | -2024.00000M | 1589.00M |
Cash flows other operating | -341.00000M | -2431.00000M | 6.00M | -50.00000M | 90.00M |
Exchange rate changes | - | - | - | - | - |
Cash and cash equivalents changes | 3337.00M | 4738.00M | -973.00000M | -196.00000M | -1290.00000M |
Change in working capital | -3102.00000M | -5332.00000M | 3215.00M | -2079.00000M | 2242.00M |
Stock based compensation | 153.00M | 88.00M | 100.00M | 153.00M | 127.00M |
Other non cash items | 1844.00M | -5418.00000M | 7603.00M | 4482.00M | -1208.00000M |
Free cash flow | 13941.00M | 2896.00M | -368.00000M | 4631.00M | 2979.00M |
Sector: Energy Industry: Oil & Gas Refining & Marketing
Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
---|---|---|---|---|---|---|---|---|
MPC Marathon Petroleum Corp |
1.76 1.13% | 158.41 | 5.69 | 11.07 | 0.38 | 2.26 | 0.49 | 3.55 |
PSX Phillips 66 |
1.60 1.24% | 131.56 | 8.10 | 9.57 | 0.39 | 1.91 | 0.50 | 5.71 |
VLO Valero Energy Corporation |
2.00 1.45% | 139.15 | 4.54 | 9.21 | 0.31 | 1.74 | 0.34 | 2.87 |
NTOIF Neste Oyj |
- -% | 11.82 | 16.56 | 10.27 | 1.22 | 3.18 | 1.31 | 16.26 |
NTOIY Neste Oyj |
-0.05 1.06% | 4.66 | 15.93 | 9.96 | 1.19 | 3.08 | 1.31 | 16.26 |
Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company primarily in the United States. It operates in two segments, Refining & Marketing, and Midstream. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States; and purchases refined products and ethanol for resale and distributes refined products, including renewable diesel, through transportation, storage, distribution, and marketing services. Its refined products include transportation fuels, such as reformulated gasolines and blend-grade gasolines; heavy fuel oil; and asphalt. This segment also manufactures propane, petrochemicals, and natural gas liquids. It sells refined products to wholesale marketing customers in the United States and internationally, buyers on the spot market, and independent entrepreneurs who operate primarily Marathon branded outlets, as well as through long-term fuel supply contracts to direct dealer locations primarily under the ARCO brand. The Midstream segment transports, stores, distributes, and markets crude oil and refined products through refining logistics assets, pipelines, terminals, towboats, and barges; gathers, processes, and transports natural gas; and gathers, transports, fractionates, stores, and markets natural gas liquids. The company was founded in 1887 and is headquartered in Findlay, Ohio.
539 South Main Street, Findlay, OH, United States, 45840-3229
Name | Title | Year Born |
---|---|---|
Mr. Michael J. Hennigan | Pres, CEO & Director | 1959 |
Ms. Maryann T. Mannen | Exec. VP & CFO | 1963 |
Ms. Suzanne Gagle | Sr. VP of Gov. Affairs & Gen. Counsel | 1966 |
Mr. Carl Kristopher Hagedorn | Sr. VP, Controller & Principal Accounting Officer | 1976 |
Mr. Timothy J. Harris | VP & Chief Technology Officer | 1975 |
Ms. Kristina Anna Kazarian | VP of Investor Relations | 1983 |
Ms. Molly R. Benson | VP, Chief Securities, Governance & Compliance Officer and Corp. Sec. | 1967 |
Ms. Fiona C. Laird | Sr. VP of Communications & Chief HR Officer | 1961 |
Mr. John S. Swearingen | Sr. VP of Transportation and Logistics | 1959 |
Mr. Brian K. Partee | Sr. VP of Global Clean Products | 1974 |
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