Marathon Petroleum Corporation (NYSE:MPC) was established as a subsidiary of Marathon Ashland Petroleum, LLC on September 1, 2005, and became an independent company on July 1, 2011. It has been a subsidiary of Marathon Oil before then . a subsidiary of existence, Ohio Findlay, full-time employees 60,350 people, is a petroleum refining, transportation and distribution company, is second only to the United States Valero energy Corporation Valero energy Corporation (NYSE: VLO) is the second largest independent Refiner.
Marathon Petroleum (MPC):
Marathon Petroleum is a spin-off from Marathon Oil and is the second largest independent refiner in the United States, second only to Valero Energy in scale. Marathon Petroleum is mainly engaged in the marketing business of oil refining and oil pipelines. It has oil refineries in the Midwest, Gulf Coast and Southeastern regions of the United States. It has six refineries, pipeline transportation and Speedway gas station businesses.
Marathon Petroleum (MPC) History:
Please refer to: Marathon Oil (MRO)