Marathon Petroleum Company LLC · Findlay, OH United States
Company Description
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This link will open in a new window Marathon Petroleum has a long running commitment to its customers. The subsidiary of Marathon Oil Corporation operates seven refineries with the capacity to process more than 1 million barrels of crude oil a day. Marathon Petroleum sells refined products at some 4,600 Marathon-branded gas stations, and through retail subsidiary Speedway SuperAmerica 's 1,620 outlets. It also holds stakes in 10,000 miles of pipeline, and is one of the largest asphalt and light oil product terminal operators in the US. It distributes petroleum products wholesale to private brand marketers and to large commercial and industrial consumers, as well as to the spot market. The company has operations in 21 states in the US. To read the full description, subscribe now.
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Key Marathon Petroleum Company LLC Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Employees | 25,000 |
Marathon Petroleum Company LLC Executives
18 executives listed for Marathon Petroleum Company LLC's Findlay, OH location.
| Title | Name & Bio | Contact |
| President and Director | Gary Heminger | Network |
| SVP Finance and Commercial Services | Garry Peiffer | Network |
| SVP Supply, Distribution, and Planning | Clifford Cook | Network |
Competition
Competitive Landscape for Marathon Petroleum Company LLC
Demand for petroleum comes mainly from auto and truck use and home heating. Profitability is determined by the efficiency of operations. Most companies are local and operate a single "bulk station" (tank farm), although the large companies may operate a dozen facilities and serve several states. Large wholesale purchasers generally can negotiate bigger price discounts from suppliers and spread the cost of bulk holding facilities over a larger number of gallons. An economic recession or dramatic price fluctuations, such as those that occurred in the first half of 2008, reduce demand for gasoline. Concerns about US dependency on foreign fuel and environmental issues also impact demand. Any decline in demand can adversely affect petroleum distributors. To read the full description, subscribe now.Top Marathon Petroleum Company LLC Competitors
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