Marathon Petroleum Management
Management criteria checks 4/4
Marathon Petroleum's CEO is Maryann Mannen, appointed in Jan 2024, has a tenure of less than a year. total yearly compensation is $8.68M, comprised of 11.4% salary and 88.6% bonuses, including company stock and options. directly owns 0.027% of the company’s shares, worth $11.87M. The average tenure of the management team and the board of directors is 3.8 years and 6.5 years respectively.
Key information
Maryann Mannen
Chief executive officer
US$8.7m
Total compensation
| CEO salary percentage | 11.4% |
| CEO tenure | less than a year |
| CEO ownership | 0.03% |
| Management average tenure | 3.8yrs |
| Board average tenure | 6.5yrs |
Recent management updates
Recent updates
Marathon Petroleum: Low Valuation And MPLX Ownership Make It A Buy
Dec 24Marathon Petroleum Corporation's (NYSE:MPC) Shares Lagging The Market But So Is The Business
Dec 13
Marathon Petroleum Corporation Just Recorded A 46% EPS Beat: Here's What Analysts Are Forecasting Next
Nov 07Marathon Petroleum: Shares Are Attractive Despite Muted Q3 Results
Nov 06Marathon Petroleum (NYSE:MPC) Is Increasing Its Dividend To $0.91
Nov 03Framing Marathon Petroleum Financials With Unexpected Weak Spreads (Knees)
Oct 20Is Marathon Petroleum (NYSE:MPC) Using Too Much Debt?
Oct 19An Intrinsic Calculation For Marathon Petroleum Corporation (NYSE:MPC) Suggests It's 47% Undervalued
Oct 01Marathon Petroleum: At An Inflection Point, Downgraded To Hold
Sep 26Marathon Petroleum Corporation: A Solid Oil Refiner Despite Sector Weakness
Sep 16Marathon Petroleum Corporation's (NYSE:MPC) Shares Lagging The Market But So Is The Business
Aug 31Newsflash: Marathon Petroleum Corporation (NYSE:MPC) Analysts Have Been Trimming Their Revenue Forecasts
Aug 07Marathon Petroleum: Recent Pullback Creates Opportunity Given Share Repurchases (Upgrade)
Jul 10Is There An Opportunity With Marathon Petroleum Corporation's (NYSE:MPC) 22% Undervaluation?
Jun 21These 4 Measures Indicate That Marathon Petroleum (NYSE:MPC) Is Using Debt Reasonably Well
May 22Marathon Petroleum: The Buyback King Of The Energy Sector Continues To Shine
May 02Analysts Are Updating Their Marathon Petroleum Corporation (NYSE:MPC) Estimates After Its First-Quarter Results
May 02Marathon Petroleum: Still Has Gas In The Tank After 100% Returns
Apr 08Marathon: Share Repurchases Continue To Generate Value (Downgrade)
Mar 1522% Return Per Year Since 2012 - How Unstoppable Is Marathon Petroleum?
Feb 20Does Marathon Petroleum (NYSE:MPC) Have A Healthy Balance Sheet?
Feb 19Calculating The Fair Value Of Marathon Petroleum Corporation (NYSE:MPC)
Jan 21Marathon Petroleum's Comfortable Market Position Suggests A Buy On Weakness
Jan 19Earnings Working Against Marathon Petroleum Corporation's (NYSE:MPC) Share Price
Jan 03Marathon Petroleum Still A Buy For The Long Haul
Jan 02Marathon Petroleum: In It For The Long Run
Dec 19Marathon Petroleum: Sum Of The Parts Upside Remains
Nov 25Marathon Petroleum Is A Buyback Monster
Nov 09Marathon Petroleum: Gasoline Crack Spread Plunges, 2024 Earnings Outlook In Question
Oct 19Marathon Petroleum: Oil Price Shock Spells Trouble For Refining Margins (Rating Downgrade)
Oct 10Marathon Petroleum: An Impressive Ascension, But It May Not Last Forever
Sep 19Marathon Petroleum: Elevated Crack Spreads And Share Repurchases Make This Attractive
Sep 06Marathon Petroleum: Investing In The Fossil Fuel 'Supernova'
Aug 09Marathon Petroleum Q2 Earnings: Why This Stock Is An Attractive Investment
Aug 01Marathon Petroleum: Potential Positive Returns With Tight Markets
Jul 06What To Make Of Marathon Petroleum's Dividend
Jun 21The Dividend Investor's Oil Playbook - Part 2
Jun 01CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$5b |
| Jun 30 2024 | n/a | n/a | US$7b |
| Mar 31 2024 | n/a | n/a | US$8b |
| Dec 31 2023 | US$9m | US$988k | US$10b |
| Sep 30 2023 | n/a | n/a | US$11b |
| Jun 30 2023 | n/a | n/a | US$13b |
| Mar 31 2023 | n/a | n/a | US$16b |
| Dec 31 2022 | US$8m | US$944k | US$14b |
| Sep 30 2022 | n/a | n/a | US$12b |
| Jun 30 2022 | n/a | n/a | US$8b |
| Mar 31 2022 | n/a | n/a | US$3b |
| Dec 31 2021 | US$11m | US$833k | US$1b |
Compensation vs Market: Maryann's total compensation ($USD8.68M) is below average for companies of similar size in the US market ($USD12.85M).
Compensation vs Earnings: Maryann's compensation has been consistent with company performance over the past year.
CEO
Maryann Mannen (61 yo)
less than a year
Tenure
US$8,683,978
Compensation
Ms. Maryann T. Mannen is a Director of MPLX GP LLC, the General Partner of MPLX LP since February 1, 2021 and serves as it's President and CEO of MPLX GP LLC, the General Partner of MPLX LP since August 01...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 4.7yrs | US$24.05m | 0.068% $ 29.7m | |
| President | less than a year | US$8.68m | 0.027% $ 11.9m | |
| Executive Vice President of Refining | 2.3yrs | US$5.27m | 0.0045% $ 2.0m | |
| Executive VP & COO of MPLX | 3.8yrs | US$3.19m | 0.0092% $ 4.0m | |
| Executive VP & CFO | less than a year | no data | 0.010% $ 4.4m | |
| Vice President of Finance & Investor Relations | 6.7yrs | no data | no data | |
| Chief Legal Officer & Corporate Secretary | 8.8yrs | no data | 0.0084% $ 3.6m | |
| Senior VP of Communications & Chief Human Resources Officer | 6.2yrs | no data | no data | |
| Chief Global Optimization Officer | 3.8yrs | no data | no data | |
| Senior Vice President of Health | 3.8yrs | no data | no data | |
| Chief Commercial Officer | 6.2yrs | no data | 0.0026% $ 1.1m | |
| Chief Strategy Officer & Senior VP of Business Development | 3.8yrs | no data | no data |
3.8yrs
Average Tenure
57yo
Average Age
Experienced Management: MPC's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 4.7yrs | US$24.05m | 0.068% $ 29.7m | |
| President | less than a year | US$8.68m | 0.027% $ 11.9m | |
| Independent Director | 6.9yrs | US$350.00k | 0.0033% $ 1.4m | |
| Independent Director | 9.3yrs | US$356.25k | 0.0021% $ 898.2k | |
| Independent Director | 3.7yrs | US$541.25k | 0.0036% $ 1.6m | |
| Independent Lead Director | 13.4yrs | US$756.25k | 0.0031% $ 1.4m | |
| Independent Director | 5yrs | US$350.00k | 0.0040% $ 1.7m | |
| Independent Director | 13.4yrs | US$346.25k | 0.0034% $ 1.5m | |
| Independent Director | 6.2yrs | US$371.25k | 0.0020% $ 885.1k | |
| Independent Director | 6.2yrs | US$340.00k | 0.0076% $ 3.3m | |
| Independent Director | 8.2yrs | US$325.00k | 0.0069% $ 3.0m | |
| Independent Director | 7.8yrs | US$546.25k | 0.0066% $ 2.9m |
6.5yrs
Average Tenure
69.5yo
Average Age
Experienced Board: MPC's board of directors are considered experienced (6.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 00:02 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Marathon Petroleum Corporation is covered by 36 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yim Cheng | Barclays |
| Theresa Chen | Barclays |
| Phillip Jungwirth | BMO Capital Markets Equity Research |