Marathon Petroleum Employees 2024

Marathon Petroleum Employees

60,910

Marathon Petroleum Dividend yield

1.53 %

Ticker

MPC

ISIN

US56585A1025

WKN

A1JEXK

In 2024, Marathon Petroleum employed 60,910 people, a 0% change from the 60,910 number of employees in the previous year.

Marathon Petroleum Aktienanalyse

What does Marathon Petroleum do?

The Marathon Petroleum Corporation is a US-based company headquartered in Findlay, Ohio, that operates in the field of oil refining, marketing, and pipeline transportation. Founded in 2005 as a subsidiary of the former Marathon Oil Corporation, it became an independent company on October 1, 2018. The company's primary business model is focused on the production and marketing of crude oil products. Marathon Petroleum operates a variety of refineries in the US and Canada, where crude oil is further processed into various products, including gasoline, diesel, heating oil, lubricants, and other petrochemical products. Additionally, Marathon Petroleum operates an extensive network of pipelines and terminals for the transportation and storage of refinery products. These pipelines are located on land and along coastlines, connecting refineries to destination ports, storage facilities, and other sites. The company is also involved in the production and marketing of asphalt products, as well as the generation of electricity and steam for its own use. Marathon Petroleum has three main segments: the refining segment, the retail segment, and the pipeline segment. The refining segment encompasses all activities related to the production and processing of crude oil products. The retail segment is responsible for selling these products to end consumers and operates several thousand gas stations in the US and Canada under the brand name "Speedway." The pipeline segment is responsible for transporting crude oil products from refineries to distributors and other facilities. The company also engages in joint ventures with businesses operating in the petrochemical products, alternative energy, or technology sectors. Marathon Petroleum's product range includes various types of gasoline, diesel, heating oil, lubricants, and petrochemical products. The company also offers additional customer solutions such as access to financing and fuel management tools. Marathon Petroleum has also expanded its network of e-cigarette and vape shops, featuring products such as Juul, blu, and other e-cigarette brands. Overall, the company holds a strong market position in the oil industry and operates one of the largest refineries in the US. In recent years, it has made several major acquisitions to expand its business fields and growth opportunities. Marathon Petroleum is a significant player in the oil industry, striving to optimize its value chain and explore new growth prospects. However, in recent years, the company has faced criticism, particularly regarding the environmental impacts of its refineries and pipelines. In August 2019, Marathon Petroleum was fined $1.2 million by the US Environmental Protection Agency for illegal emissions of volatile organic compounds from its refinery in Detroit. The company has emphasized its commitment to promoting sustainable and environmentally-conscious business practices and improving its processes to minimize environmental impacts. Marathon Petroleum ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Employees Details

Examining Marathon Petroleum's Employee Base

Marathon Petroleum's employees are a pivotal aspect of its operations, driving innovation, productivity, and growth. The size and composition of the workforce offer insights into the company's scale, diversity, and investment in human capital. Analyzing employee trends and data is essential for understanding Marathon Petroleum's operational capacity and future potential.

Year-to-Year Comparison

Assessing Marathon Petroleum's employee numbers year-over-year helps in identifying growth patterns, expansions, or contractions. An increasing employee count can indicate scaling operations and investment in talent, while a decrease may signal efficiency improvements, automation, or business challenges.

Impact on Investments

Marathon Petroleum's employee data impacts investment decisions by shedding light on the company’s operational efficiency, innovation capability, and sustainability. Investors assess workforce data to gauge the firm's potential to execute strategies, innovate, and adapt to market changes effectively.

Interpreting Employee Trends

Fluctuations in Marathon Petroleum’s employee numbers indicate changes in business strategy, operational demands, and market dynamics. Investors and analysts scrutinize these trends to evaluate the company’s strategic positioning, adaptability, and potential for sustainable growth.

Frequently Asked Questions about Marathon Petroleum Stock

How many employees does Marathon Petroleum have this year?

Marathon Petroleum has 60,910 undefined employees this year.

How many employees did Marathon Petroleum have compared to the previous year?

Compared to the previous year, Marathon Petroleum had 0% more employees.

What impact did the number of employees have on the company Marathon Petroleum?

The number of employees has a direct impact on the efficiency and productivity of Marathon Petroleum. A higher number of employees can indicate that the company is growing and has more resources to achieve its goals, while a lower number of employees may suggest that the company is saving costs or facing difficulties in recruiting new employees.

What impact did the number of employees have on investors of Marathon Petroleum?

The number of employees can also have an impact on investors of Marathon Petroleum, as it can be an indicator of the company's growth and financial health. A higher number of employees can promise investors, while a lower number of employees may raise concerns.

How does an increase in equity capital of Marathon Petroleum affect the company?

An increase in equity of Marathon Petroleum can improve the financial strength of the company and increase its ability to make future investments and fulfill obligations.

How does a reduction in Marathon Petroleum's equity affect the company?

A reduction in equity of Marathon Petroleum can impair its financial stability and decrease its ability to fulfill future investments and obligations.

What are some factors that influence the equity of Marathon Petroleum?

Some factors that can influence the equity of Marathon Petroleum include, among others, revenue development, profit and loss statement, dividend payments, and investments.

Why is the equity of Marathon Petroleum so important for investors?

The equity of Marathon Petroleum is important for investors as it is an indicator of the company's financial stability and provides investors with information on the amount of financial backing the company has in terms of obligations and future investments.

How does the number of employees at Marathon Petroleum influence the company?

The number of employees at Marathon Petroleum can directly impact the growth and performance of the company. A higher number of employees can lead to increased capacity and productivity, while a lower number of employees may result in reduced efficiency and limitations.

How has the number of employees at Marathon Petroleum evolved in recent years?

In recent years, the number of employees at Marathon Petroleum has changed by 0.

How many employees does Marathon Petroleum currently have?

Marathon Petroleum currently has 60,910 undefined employees.

Why is the number of employees important for investors of Marathon Petroleum?

The number of employees is important for investors of Marathon Petroleum as it is an indicator of the growth potential and performance of the company. It also provides information on how the company is able to manage and recruit its workforce.

What strategic measures can Marathon Petroleum take to change the number of employees?

To change the number of employees, Marathon Petroleum can take various measures such as adjusting compensation packages, improving working conditions, conducting recruitment campaigns, and promoting a positive corporate culture. It is important for the company to conduct a thorough assessment of its situation to determine the best strategic actions to change its number of employees.

How much dividend does Marathon Petroleum pay?

Over the past 12 months, Marathon Petroleum paid a dividend of 3.08 USD . This corresponds to a dividend yield of about 1.53 %. For the coming 12 months, Marathon Petroleum is expected to pay a dividend of 4.41 USD.

What is the dividend yield of Marathon Petroleum?

The current dividend yield of Marathon Petroleum is 1.53 %.

When does Marathon Petroleum pay dividends?

Marathon Petroleum pays a quarterly dividend. This is distributed in the months of June, September, December, March.

How secure is the dividend of Marathon Petroleum?

Marathon Petroleum paid dividends every year for the past 17 years.

What is the dividend of Marathon Petroleum?

For the upcoming 12 months, dividends amounting to 4.41 USD are expected. This corresponds to a dividend yield of 2.2 %.

In which sector is Marathon Petroleum located?

Marathon Petroleum is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Marathon Petroleum kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Marathon Petroleum from 3/11/2024 amounting to 0.825 USD, you needed to have the stock in your portfolio before the ex-date on 2/20/2024.

When did Marathon Petroleum pay the last dividend?

The last dividend was paid out on 3/11/2024.

What was the dividend of Marathon Petroleum in the year 2023?

In the year 2023, Marathon Petroleum distributed 2.49 USD as dividends.

In which currency does Marathon Petroleum pay out the dividend?

The dividends of Marathon Petroleum are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

The Marathon Petroleum stock can be added to a savings plan with the following providers: Trade Republic

Andere Kennzahlen von Marathon Petroleum

Our stock analysis for Marathon Petroleum Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Marathon Petroleum Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.