
Marathon Petroleum Company LP
Marathon Petroleum Company LP Overview
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About Marathon Petroleum Company LP
Marathon Petroleum Corporation (MPC) is a leading, integrated, downstream and midstream energy company headquartered in Findlay, Ohio. As the nation's largest refiner, MPC operates a vast refining system with approximately 3 million barrels per calendar day of crude oil refining capacity across 13 refineries.
Operations Overview
MPC's operations encompass several key segments including midstream, retail, industrial products, and renewable fuels. Each segment supports the company’s comprehensive energy services.
Midstream Operations
Through its master limited partnership, MPLX LP, MPC owns and operates an extensive network of midstream energy infrastructure. This includes crude oil and refined product pipelines, natural gas gathering and processing facilities, and storage terminals.
MPLX's assets facilitate the efficient transportation and storage of energy products, supporting both MPC's refining operations and external customers.
Retail Operations
MPC markets its products under two strong brands: Marathon® and ARCO®. Marathon brand gasoline is available at approximately 7,740 branded locations across the United States and Northern Mexico, including the District of Columbia.
ARCO stations primarily serve the West Coast, Mexico, and the Upper Midwest. These retail outlets offer quality gasoline, diesel, convenience store products, and car wash services.
Industrial Products
MPC produces and markets a variety of industrial petroleum-based products such as asphalt, natural gas liquids (NGLs), and petrochemicals. It is the largest producer of asphalt in the U.S., supplying asphalt cements, polymer-modified asphalt, emulsified asphalt, and industrial asphalts to a broad customer base.
The company also manufactures petrochemicals including propylene, xylene, butane, benzene, toluene, and cumene, serving industries like chemical manufacturing and fuel blending.
Renewable Fuels
MPC is committed to reducing carbon emissions intensity while meeting global energy needs. Its Renewable Fuels portfolio includes a Renewable Diesel segment and assets integrated into its Refining & Marketing segment.
In 2024, MPC produced approximately 600 million gallons of renewable fuels and delivered about 2.8 billion gallons, reflecting its dedication to sustainable energy solutions.
Locations
MPC's refining facilities are located in key areas such as Texas City, Texas, and Garyville, Louisiana. The company maintains a substantial retail presence across many regions.
Additional locations include:
- Denver, CO, USA
Summary
Marathon Petroleum Corporation is a comprehensive energy company engaged in refining, midstream logistics, retail marketing, industrial products, and renewable fuels. Its integrated operations and commitment to sustainability position it as a significant player in the energy sector.