Marathon Petroleum Corporation
MPC

$51.22 B
Marketcap
$159.38
Share price
Country
$1.49
Change (1 day)
$221.11
Year High
$140.98
Year Low

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. Its refined products include transportation fuels, such as reformulated gasolines and blend-grade gasolines; heavy fuel oil; and asphalt. This segment also manufactures aromatics, propane, propylene, and sulfur. 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. As of December 31, 2021, the company operated 7,159 brand jobber outlets in 37 states, the District of Columbia, and Mexico through independent entrepreneurs. Marathon Petroleum Corporation was founded in 1887 and is headquartered in Findlay, Ohio.

marketcap

P/E ratio for Marathon Petroleum Corporation (MPC)

P/E ratio as of 2023: 6.24

According to Marathon Petroleum Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.24. At the end of 2022 the company had a P/E ratio of 4.11.

P/E ratio history for Marathon Petroleum Corporation from 2008 to 2023

PE ratio at the end of each year

Year P/E ratio
2023 6.24
2022 4.11
2021 31.50
2020 -2.43
2019 21.70
2018 14.51
2017 9.84
2016 22.73
2015 9.84
2014 10.26
2013 13.77
2012 6.36
2011 4.96
2010 22.29
2009 30.92
2008 11.43