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Marathon Petroleum (Marathon Petroleum) Refining Margin per USD Barrel (USD) : 16.62 (As of Dec. 2023)


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What is Marathon Petroleum Refining Margin per USD Barrel (USD)?

The gross refining margin is the difference between the value of petroleum products when they leave the refinery and the value of the crude oil entering the refinery. Refining Margin per USD Barrel (USD) is calculated as the refining margin divided by the total number of barrels the company produced.

Marathon Petroleum's Refining Margin per USD Barrel (USD) for the quarter that ended in Dec. 2023 was 16.62 , which lower from pervious quarter (Sep. 2023)'s result by 36.47%.

Marathon Petroleum's Refining Margin per USD Barrel (USD) for the annual that ended in Dec. 2023 was 23.02 , which lower from pervious year (Dec. 2022)'s result by 18.48%.

The historical rank and industry rank for Marathon Petroleum's Refining Margin per USD Barrel (USD) or its related term are showing as below:

MPC's Refining Margin per USD Barrel (USD) is not ranked *
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Refining Margin per USD Barrel (USD) only.

Marathon Petroleum Refining Margin per USD Barrel (USD) Historical Data

The historical data trend for Marathon Petroleum's Refining Margin per USD Barrel (USD) 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.

* Premium members only.

Marathon Petroleum Refining Margin per USD Barrel (USD) Chart

Marathon Petroleum Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Refining Margin per USD Barrel (USD)
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Marathon PetroleumQuarterly Data
Trend Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Refining Margin per USD Barrel (USD)
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Competitive Comparison of Marathon Petroleum's Refining Margin per USD Barrel (USD)

For the Oil & Gas Refining & Marketing subindustry, Marathon Petroleum's Refining Margin per USD Barrel (USD), along with its competitors' market caps and Refining Margin per USD Barrel (USD) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Marathon Petroleum  (NYSE:MPC) Refining Margin per USD Barrel (USD) Calculation

Refining Margin per USD Barrel (USD) is calculated as

Refining Margin per USD Barrel (USD)=Refining Margin / Total Number of Barrels

* 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.

Marathon Petroleum  (NYSE:MPC) Refining Margin per USD Barrel (USD) Explanation

The gross refining margin is the difference between the value of petroleum products such as gasoline and diesel when they leave the refinery and the value of the crude oil entering the refinery. Refining Margin per USD Barrel (USD) is a measure of the value contribution of the refinery per unit of input.

Marathon Petroleum Refining Margin per USD Barrel (USD) Related Terms

Thank you for viewing the detailed overview of Marathon Petroleum's Refining Margin per USD Barrel (USD) provided by GuruFocus.com. Please click on the following links to see related term pages.

Marathon Petroleum (Marathon Petroleum) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Marathon Petroleum Corp (NYSE:MPC) » Definitions » Refining Margin per USD Barrel (USD)
Comparable Companies
PSX VLO DINO IEP PBF SUN VVV CVI DKL PARR NSE:RELIANCE OHEL:NESTE TPE:6505 XKAZ:KMGZ NSE:IOC TSE:5020 IST:TUPRS XKRX:096770 BOM:500547 HKSE:00135
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