Name | Value |
---|---|
Revenues | 39.9B |
Cost of Revenue | 33.6B |
Gross Profit | 6.3B |
Operating Expense | 1.6B |
Operating I/L | 4.6B |
Other Income/Expense | -0.0B |
Interest Income | 0.1B |
Pretax | 4.6B |
Income Tax Expense | 1.0B |
Net Income/Loss | 3.3B |
Marathon Petroleum Corporation is an integrated downstream energy company operating in the United States. The company's Refining & Marketing segment refines crude oil and other feedstocks at its refineries, producing transportation fuels, heavy fuel oil, asphalt, aromatics, propane, propylene, and sulfur. It sells refined products to wholesale marketing customers, international buyers, and independent entrepreneurs through Marathon branded outlets and long-term fuel supply contracts. The Midstream segment transports, stores, and distributes crude oil and refined products, as well as gathers, processes, transports, fractionates, stores, and markets natural gas liquids.