Marathon Petroleum (Marathon Petroleum) Other Operating Expense : $881 Mil (TTM As of Dec. 2023)

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What is Marathon Petroleum Other Operating Expense?

Marathon Petroleum's Other Operating Expense for the three months ended in Dec. 2023 was $198 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2023 was $881 Mil.

Marathon Petroleum's quarterly Other Operating Expense increased from Jun. 2023 ($219 Mil) to Sep. 2023 ($233 Mil) but then declined from Sep. 2023 ($233 Mil) to Dec. 2023 ($198 Mil).

Marathon Petroleum's annual Other Operating Expense increased from Dec. 2021 ($721 Mil) to Dec. 2022 ($825 Mil) and increased from Dec. 2022 ($825 Mil) to Dec. 2023 ($881 Mil).

Marathon Petroleum Other Operating Expense Historical Data

The historical data trend for Marathon Petroleum's Other Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Marathon Petroleum Other Operating Expense Chart

Marathon Petroleum Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Operating Expense

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561.00

668.00

721.00

825.00

881.00

Marathon Petroleum Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Other Operating Expense	Get a 7-Day Free Trial															219.00	231.00	219.00	233.00	198.00

Marathon Petroleum Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $881 Mil.

Marathon Petroleum Other Operating Expense Related Terms

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Marathon Petroleum (Marathon Petroleum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Marathon Petroleum Corp (NYSE:MPC) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

MPC:Mexico MPN:Germany MPN:Germany M1PC34:Brazil MPC:Austria

Address

539 South Main Street, Findlay, OH, USA, 45840-3229

Website

https://www.marathonpetroleum.com

Marathon Petroleum is an independent refiner with 13 refineries in the midcontinent, West Coast, and Gulf Coast of the United States with total throughput capacity of 2.9 million barrels per day. Its Dickinson, North Dakota, facility produces 184 million gallons a year of renewable diesel. Its Martinez, California, facility will have the ability to produce 730 million gallons a year of renewable diesel once converted. The firm also owns and operates midstream assets primarily through its listed master limited partnership, MPLX.

Executives

Carl Kristopher Hagedorn	officer: Senior VP and Controller	C/O CONE MIDSTREAM PARTNERS LP, 1000 CONSOL ENERGY DRIVE, CANONSBURG PA 15317
Rucker Kim K.w.	director	KRAFT FOODS GROUP, INC., THREE LAKES DRIVE, NORTHFIELD IL 60093
Shawn M Lyon	officer: SVP Log & Storage, MPLX GP LLC	C/O MPLX, 200 E HARDIN STREET, FINDLAY OH 45840
Gregory Scott Floerke	officer: Ex VP & COO, MPLX GP LLC	C/O MARKWEST ENERGY PARTNERS, L.P., 1515 ARAPAHOE STREET, TOWER 1, SUITE 160, DENVER CO 80202
Timothy J Aydt	officer: Ex VP and CCO, MPLX GP LLC	C/O MPLX LP, 200 E. HARDIN STREET, FINDLAY OH 45840
Toni Townes-whitley	director	8340 SPRINGHAVEN GARDEN LANE, MCLEAN, VA X1 22102
Michael J Hennigan	officer: President & CEO, MPLX GP LLC	3807 WEST CHESTER PIKE, NEWTOWN SQUARE PA 19073
Suzanne Gagle	officer: VP and General Counsel	C/O MPC, FINDLAY OH 45840
Thomas Kaczynski	officer: VP, Finance and Treasurer	C/O MARATHON PETROLEUM CORPORATION, FINDLAY OH 45840
Raymond L Brooks	officer: Sr. VP, Refining	C/O MPC, FINDLAY OH 45840
Charles E Bunch	director	PPG INDUSTRIES INC., ONE PPG PLACE, PITTSBURGH PA 15272
Brian C Davis	officer: Exec VP, Chief Commercial Ofc	C/O MARATHON PETROLEUM CORPORATION, 539 S. MAIN STREET, FINDLAY OH 45840
Maryann T. Mannen	officer: Exec VP & Chief Fin Ofc	C/O MARATHON PETROLEUM CORPORATION, 539 SOUTH MAIN ST, FINDLAY OH 45840
Jonathan Z Cohen	director	1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
James E Rohr	director	249 FIFTH AVE, P1-POPP-30-1, PITTSBURGH PA 15222