Marathon Petroleum Corp

Marathon Petroleum Corporation, which became an independent entity in 2009 following a spin-off from Marathon Oil, is headquartered in Findlay, Ohio, United States. The company's operations are primarily divided into three business segments: Refining & Marketing, which processes crude oil into a variety of petroleum products and markets them; Midstream, which encompasses transportation and storage of hydrocarbons, and includes MPLX LP, a master limited partnership; and Retail, which involves selling fuel and merchandise through convenience stores. The company's most significant brands include Marathon, which is known for its gasoline stations and products, ARCO, renowned for its fuel stations in the western United States, and Speedway, a leading brand in the retail segment until its sale to 7-Eleven, Inc, in 2021. Although Speedway is no longer part of Marathon Petroleum's portfolio, it has left an indelible mark on its history. Marathon Petroleum has a large presence in the United States, where it conducts the majority of its operations ranging from refining to distribution and sales through an extensive network of facilities and outlets across the nation. (Powered by AI)