Marathon Petroleum Corp.
- MPC · NYSE
- Petroleum Refining
- Findlay, OH
- 18,500 employees
- CIK 0001510295
Updated from SEC filings through
Top things to know
Executives
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Maryann T. Mannen Chairman, President & CEO 4, 2026-08-04 - Executive Officer Maryann Mannen Chairman, President and Chief 8-K, 2026-11-03
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Molly R. Benson Chief Legal Ofc & Corp Sec 4, 2026-08-19 - Ricky D. Hessling Chief Commercial Officer 4, 2026-05-15
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Maria A. Khoury Exec VP & Chief Fin Ofc 4, 2026-03-03 -
Brian K. Partee Chief Business Transformation Officer 10-K, 2026-02-26
What leadership is saying
“Our value chain capabilities remain a defining advantage for us, capturing opportunities to enhance margins across dynamic market conditions”
Earnings press release (8-K Ex. 99.1), filed November 3, 2026
Marathon Petroleum Corp is a U.S. public company in petroleum refining (SIC 2911), headquartered in Findlay, OH. It trades as MPC on NYSE. Revenue was $133B in the fiscal year ending December 31, 2025, -4.4% from the year before. It reported about 18,500 employees. Maryann T. Mannen is Chairman, President & CEO.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $133B 10-K, 2026-02-26 | $139B 10-K, 2026-02-26 | $148B 10-K, 2026-02-26 | $177B 10-K, 2025-02-27 | $120B 10-K, 2024-02-28 |
| Operating income | $8.3B 10-K, 2026-02-26 | $6.8B 10-K, 2026-02-26 | $14.5B 10-K, 2026-02-26 | $21.5B 10-K, 2025-02-27 | $4.3B 10-K, 2024-02-28 |
| SG&A | $3.3B 10-K, 2026-02-26 | $3.2B 10-K, 2026-02-26 | $3.0B 10-K, 2026-02-26 | $2.8B 10-K, 2025-02-27 | $2.5B 10-K, 2024-02-28 |
| Net income | $4.0B 10-K, 2026-02-26 | $3.4B 10-K, 2026-02-26 | $9.7B 10-K, 2026-02-26 | $14.5B 10-K, 2025-02-27 | $9.7B 10-K, 2024-02-28 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Maryann T. Mannen Chairman, President and Chief Executive Officer, MPC and MPLX | Chairman, President & CEO | 4, 2026-08-04 |
| Executive Officer Maryann Mannen | Chairman, President and Chief | 8-K, 2026-11-03 |
| Molly R. Benson Chief Legal Officer & Corporate Secretary | Chief Legal Ofc & Corp Sec | 4, 2026-08-19 |
| Ricky D. Hessling | Chief Commercial Officer | 4, 2026-05-15 |
| Maria A. Khoury | Exec VP & Chief Fin Ofc | 4, 2026-03-03 |
| Brian K. Partee Chief Business Transformation Officer at Marathon Petroleum Corporation | Chief Business Transformation Officer | 10-K, 2026-02-26 |
 David R. Heppner Manager - Wholesale Marketing at Marathon Petroleum Company | Chief Strategy Officer and Senior Vice President Business Development | 10-K, 2026-02-26 |
 Ehren D. Powell Chief Digital Officer at Marathon Petroleum Corporation | Senior Vice President and Chief Digital Officer | 10-K, 2026-02-26 |
 Rick D. Hessling Senior Vice President, Global Feedstocks Value Chain | Chief Commercial Officer | 10-K, 2026-02-26 |
 James R. Wilkins | Senior Vice President Health, Environment, Safety and Security | 10-K, 2026-02-26 |
 Julian R. Stoll VCO Marathon Petroleum Corporation | Senior Vice President Value Chain Optimization | 10-K, 2026-02-26 |
| Kelly S. Niese Vice President, Corporate Strategy, BD & Portfolio Strategy, and M&A at Marathon Petroleum Corporation | Vice President Treasury | 10-K, 2026-02-26 |
| Gregory S. Floerke | Executive Vice President and Chief Operating Officer of MPLX GP LLC | 10-K, 2026-02-26 |
| Fiona C. Laird | Chief Human Resources Officer and Senior Vice President Communications | 10-K, 2026-02-26 |
| Kristina A. Kazarian | Vice President Finance and Investor Relations | 10-K, 2026-02-26 |
| Shawn M. Lyon SVP of Logistics & Storage – MPLX | SVP Log & Storage, MPLX GP LLC | 4, 2026-09-01 |
What Marathon Petroleum Corp does
MPC has nearly 140 years of history in the energy business, and is a leading, integrated, downstream and midstream energy company.0 million barrels per day of crude oil refining capacity and believe we are one of the largest wholesale suppliers of gasoline and distillates to resellers in the United States. We distribute our refined products through one of the largest terminal operations in the United States and one of the largest private domestic fleets of inland petroleum product barges.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 272.3 million (as of October 29, 2026) | 10-Q, November 3, 2026 |
|---|---|---|
| Public float | $50.6B (as of June 30, 2025) | 10-K, February 26, 2026 |
| Reportable segments | 3 (period ending September 30, 2026) | 10-Q, November 3, 2026 |
| Latest proxy statement | Meeting April 29, 2026 (filed March 16, 2026) | DEF 14A, March 16, 2026 |
| Auditor | PricewaterhouseCoopers LLP (Toledo, Ohio) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| August 31, 2026 | Shawn M. Lyon SVP Log & Storage, MPLX GP LLC | Sale | 1,425 | $532K | Form 4, September 1, 2026 |
| August 27, 2026 | Erin M. Brzezinski VP and Controller | Sale | 570 | $207K | Form 4, August 31, 2026 |
| August 17, 2026 | Molly R. Benson Chief Legal Ofc & Corp Sec | Sale | 17,196 | $6.2M | Form 4, August 19, 2026 |
| August 13, 2026 | Shawn M. Lyon SVP Log & Storage, MPLX GP LLC | Sale | 2,500 | $875K | Form 4, August 17, 2026 |
| August 12, 2026 | Michael A. Henschen II Ex VP, Refining | Sale | 6,011 | $2.1M | Form 4, August 14, 2026 |
| June 4, 2026 | Michael A. Henschen II Ex VP, Refining | Sale | 6,336 | $1.7M | Form 4, June 8, 2026 |
| May 13, 2026 | Ricky D. Hessling Chief Commercial Officer | Sale | 1,000 | $250K | Form 4, May 15, 2026 |
| March 13, 2026 | Ricky D. Hessling Chief Commercial Officer | Sale | 1,626 | $371K | Form 4, March 17, 2026 |
Recent 8-K events
- 8-K filed 2026-11-03
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-10-29
- Item 5.02 Departure or appointment of directors or officers; compensation
- Item 8.01 Other events
- 8-K filed 2026-08-04
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-06-29
- Item 8.01 Other events
- 8-K filed 2026-05-05
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-05-01
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-04-13
- Item 1.01 Entry into a material definitive agreement
- Item 1.02 Termination of a material definitive agreement
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 2.03 Creation of a direct financial obligation
- 8-K filed 2026-02-03
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2025-12-18
- Item 5.02 Departure or appointment of directors or officers; compensation
- Item 8.01 Other events
- 8-K filed 2025-11-04
- Item 5.02 Departure or appointment of directors or officers; compensation
- Item 8.01 Other events
Frequently asked questions about Marathon Petroleum Corp
- What does Marathon Petroleum Corp do?
- In its own words, from Item 1 of its 10-K: "MPC has nearly 140 years of history in the energy business, and is a leading, integrated, downstream and midstream energy company.0 million barrels per day of crude oil refining capacity and believe we are one of the largest wholesale suppliers of gasoline and distillates to resellers in the United States. We distribute our refined products through one of the largest terminal operations in the United States and one of the largest private domestic fleets of inland petroleum product barges."
- What is Marathon Petroleum Corp's revenue?
- $133B for the fiscal year ending December 31, 2025, from its 10-K filed February 26, 2026.
- Is Marathon Petroleum Corp profitable?
- Marathon Petroleum Corp reported net income of $4.0B for the fiscal year ending December 31, 2025.
- How many employees does Marathon Petroleum Corp have?
- About 18,500 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of Marathon Petroleum Corp?
- Maryann T. Mannen, Chairman, President & CEO, as named in a 4 filed August 4, 2026.
- Where is Marathon Petroleum Corp headquartered?
- Findlay, OH.
- What is Marathon Petroleum Corp's stock ticker?
- MPC on NYSE.
- What industry is Marathon Petroleum Corp in?
- Petroleum Refining, SIC code 2911.
- What is Marathon Petroleum Corp's website?
- marathonpetroleum.com. Investor relations: https://www.marathonpetroleum.com/Investors/.
- When does Marathon Petroleum Corp report earnings next?
- February 2, 2027. Source: estimate_8k_pattern.
- Is Marathon Petroleum Corp a public company?
- Yes. Marathon Petroleum Corp files with the SEC under CIK 0001510295 and trades as MPC.
- Who audits Marathon Petroleum Corp?
- PricewaterhouseCoopers LLP, Toledo, Ohio, as named in its latest annual report (10-K).
- How many shares of Marathon Petroleum Corp are outstanding?
- 272.3 million shares as of October 29, 2026, from its 10-Q filed November 3, 2026.
- What is Marathon Petroleum Corp's public float?
- $50.6B as of June 30, 2025, as reported on the cover of its 10-K filed February 26, 2026.
- How many business segments does Marathon Petroleum Corp report?
- 3 reportable segments for the period ending September 30, 2026, from its 10-Q filed November 3, 2026.
- When is Marathon Petroleum Corp's annual shareholder meeting?
- April 29, 2026, per its proxy statement (DEF 14A) filed March 16, 2026.
- Have Marathon Petroleum Corp insiders traded stock recently?
- Since July 3, 2025, officers and directors reported 12 open-market sales worth about $16.9M and 0 purchases on Forms 4 and 5. The most recent: Shawn M. Lyon (SVP Log & Storage, MPLX GP LLC) sold 1,425 shares on August 31, 2026.