Marathon Petroleum Corporation

NYSE:MPC Stock Report

Market Cap: US$48.1b

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 0.026% of the company’s shares, worth $12.57M. 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 percentage11.4%
CEO tenureless than a year
CEO ownership0.03%
Management average tenure3.8yrs
Board average tenure6.5yrs

Recent management updates

Recent updates

Marathon Petroleum: Shares Are Attractive Despite Muted Q3 Results

Nov 06

Marathon Petroleum (NYSE:MPC) Is Increasing Its Dividend To $0.91

Nov 03
Marathon Petroleum (NYSE:MPC) Is Increasing Its Dividend To $0.91

Framing Marathon Petroleum Financials With Unexpected Weak Spreads (Knees)

Oct 20

Is Marathon Petroleum (NYSE:MPC) Using Too Much Debt?

Oct 19
Is Marathon Petroleum (NYSE:MPC) Using Too Much Debt?

An Intrinsic Calculation For Marathon Petroleum Corporation (NYSE:MPC) Suggests It's 47% Undervalued

Oct 01
An Intrinsic Calculation For Marathon Petroleum Corporation (NYSE:MPC) Suggests It's 47% Undervalued

Marathon Petroleum: At An Inflection Point, Downgraded To Hold

Sep 26

Marathon Petroleum Corporation: A Solid Oil Refiner Despite Sector Weakness

Sep 16

Marathon Petroleum Corporation's (NYSE:MPC) Shares Lagging The Market But So Is The Business

Aug 31
Marathon Petroleum Corporation's (NYSE:MPC) Shares Lagging The Market But So Is The Business

Newsflash: Marathon Petroleum Corporation (NYSE:MPC) Analysts Have Been Trimming Their Revenue Forecasts

Aug 07
Newsflash: Marathon Petroleum Corporation (NYSE:MPC) Analysts Have Been Trimming Their Revenue Forecasts

Marathon Petroleum: Recent Pullback Creates Opportunity Given Share Repurchases (Upgrade)

Jul 10

Is There An Opportunity With Marathon Petroleum Corporation's (NYSE:MPC) 22% Undervaluation?

Jun 21
Is There An Opportunity With Marathon Petroleum Corporation's (NYSE:MPC) 22% Undervaluation?

These 4 Measures Indicate That Marathon Petroleum (NYSE:MPC) Is Using Debt Reasonably Well

May 22
These 4 Measures Indicate That Marathon Petroleum (NYSE:MPC) Is Using Debt Reasonably Well

Marathon Petroleum: The Buyback King Of The Energy Sector Continues To Shine

May 02

Analysts Are Updating Their Marathon Petroleum Corporation (NYSE:MPC) Estimates After Its First-Quarter Results

May 02
Analysts Are Updating Their Marathon Petroleum Corporation (NYSE:MPC) Estimates After Its First-Quarter Results

Marathon Petroleum: Still Has Gas In The Tank After 100% Returns

Apr 08

Marathon: Share Repurchases Continue To Generate Value (Downgrade)

Mar 15

22% Return Per Year Since 2012 - How Unstoppable Is Marathon Petroleum?

Feb 20

Does Marathon Petroleum (NYSE:MPC) Have A Healthy Balance Sheet?

Feb 19
Does Marathon Petroleum (NYSE:MPC) Have A Healthy Balance Sheet?

Calculating The Fair Value Of Marathon Petroleum Corporation (NYSE:MPC)

Jan 21
Calculating The Fair Value Of Marathon Petroleum Corporation (NYSE:MPC)

Marathon Petroleum's Comfortable Market Position Suggests A Buy On Weakness

Jan 19

Earnings Working Against Marathon Petroleum Corporation's (NYSE:MPC) Share Price

Jan 03
Earnings Working Against Marathon Petroleum Corporation's (NYSE:MPC) Share Price

Marathon Petroleum Still A Buy For The Long Haul

Jan 02

Marathon Petroleum: In It For The Long Run

Dec 19

Marathon Petroleum: Sum Of The Parts Upside Remains

Nov 25

Marathon Petroleum Is A Buyback Monster

Nov 09

Marathon Petroleum (NYSE:MPC) Has Announced That It Will Be Increasing Its Dividend To $0.825

Nov 01
Marathon Petroleum (NYSE:MPC) Has Announced That It Will Be Increasing Its Dividend To $0.825

Here's Why We Think Marathon Petroleum (NYSE:MPC) Might Deserve Your Attention Today

Oct 31
Here's Why We Think Marathon Petroleum (NYSE:MPC) Might Deserve Your Attention Today

Marathon Petroleum: Gasoline Crack Spread Plunges, 2024 Earnings Outlook In Question

Oct 19

Marathon Petroleum: Oil Price Shock Spells Trouble For Refining Margins (Rating Downgrade)

Oct 10

Marathon Petroleum (NYSE:MPC) Seems To Use Debt Quite Sensibly

Sep 30
Marathon Petroleum (NYSE:MPC) Seems To Use Debt Quite Sensibly

Marathon Petroleum: An Impressive Ascension, But It May Not Last Forever

Sep 19

Marathon Petroleum: Elevated Crack Spreads And Share Repurchases Make This Attractive

Sep 06

Estimating The Intrinsic Value Of Marathon Petroleum Corporation (NYSE:MPC)

Aug 25
Estimating The Intrinsic Value Of Marathon Petroleum Corporation (NYSE:MPC)

Marathon Petroleum: Investing In The Fossil Fuel 'Supernova'

Aug 09

Marathon Petroleum Q2 Earnings: Why This Stock Is An Attractive Investment

Aug 01

Do Marathon Petroleum's (NYSE:MPC) Earnings Warrant Your Attention?

Jul 19
Do Marathon Petroleum's (NYSE:MPC) Earnings Warrant Your Attention?

Marathon Petroleum: Potential Positive Returns With Tight Markets

Jul 06

What To Make Of Marathon Petroleum's Dividend

Jun 21

Is Marathon Petroleum (NYSE:MPC) A Risky Investment?

Jun 16
Is Marathon Petroleum (NYSE:MPC) A Risky Investment?

The Dividend Investor's Oil Playbook - Part 2

Jun 01

Estimating The Fair Value Of Marathon Petroleum Corporation (NYSE:MPC)

Apr 11
Estimating The Fair Value Of Marathon Petroleum Corporation (NYSE:MPC)

CEO Compensation Analysis

How has Maryann Mannen's remuneration changed compared to Marathon Petroleum's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$5b

Jun 30 2024n/an/a

US$7b

Mar 31 2024n/an/a

US$8b

Dec 31 2023US$9mUS$988k

US$10b

Sep 30 2023n/an/a

US$11b

Jun 30 2023n/an/a

US$13b

Mar 31 2023n/an/a

US$16b

Dec 31 2022US$8mUS$944k

US$14b

Sep 30 2022n/an/a

US$12b

Jun 30 2022n/an/a

US$8b

Mar 31 2022n/an/a

US$3b

Dec 31 2021US$11mUS$833k

US$1b

Compensation vs Market: Maryann's total compensation ($USD8.68M) is below average for companies of similar size in the US market ($USD12.86M).

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

NamePositionTenureCompensationOwnership
Michael Hennigan
Executive Chairman of the Board4.6yrsUS$24.05m0.066%
$ 31.6m
Maryann Mannen
Presidentless than a yearUS$8.68m0.026%
$ 12.6m
Timothy Aydt
Executive Vice President of Refining2.2yrsUS$5.27m0.0044%
$ 2.1m
Gregory Floerke
Executive VP & COO of MPLX3.8yrsUS$3.19m0.0089%
$ 4.3m
John Quaid
Executive VP & CFOless than a yearno data0.0097%
$ 4.7m
Kristina Kazarian
Vice President of Finance & Investor Relations6.6yrsno datano data
Molly Benson
Chief Legal Officer & Corporate Secretary8.7yrsno data0.0080%
$ 3.9m
Fiona Laird
Senior VP of Communications & Chief Human Resources Officer6.1yrsno datano data
Brian Partee
Chief Global Optimization Officer3.8yrsno datano data
James Wilkins
Senior Vice President of Health3.8yrsno datano data
Rick Hessling
Chief Commercial Officer6.1yrsno data0.0025%
$ 1.2m
David Heppner
Chief Strategy Officer & Senior VP of Business Development3.8yrsno datano data

3.8yrs

Average Tenure

57yo

Average Age

Experienced Management: MPC's management team is considered experienced (3.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Michael Hennigan
Executive Chairman of the Board4.6yrsUS$24.05m0.066%
$ 31.6m
Maryann Mannen
Presidentless than a yearUS$8.68m0.026%
$ 12.6m
Susan Tomasky
Independent Director6.8yrsUS$350.00k0.0032%
$ 1.5m
Charles Bunch
Independent Director9.2yrsUS$356.25k0.0020%
$ 951.7k
Frank Semple
Independent Director3.6yrsUS$541.25k0.0035%
$ 1.7m
John Surma
Independent Lead Director13.3yrsUS$756.25k0.0030%
$ 1.4m
Jonathan Cohen
Independent Director4.9yrsUS$350.00k0.0038%
$ 1.8m
B. Bayh
Independent Director13.3yrsUS$346.25k0.0033%
$ 1.6m
Edward Galante
Independent Director6.1yrsUS$371.25k0.0019%
$ 937.3k
Kim K. Rucker
Independent Director6.1yrsUS$340.00k0.0073%
$ 3.5m
Abdulaziz Bin Fahd Al-Khayyal
Independent Director8.1yrsUS$325.00k0.0066%
$ 3.2m
John Stice
Independent Director7.8yrsUS$546.25k0.0063%
$ 3.0m

6.5yrs

Average Tenure

69.5yo

Average Age

Experienced Board: MPC's board of directors are considered experienced (6.5 years average tenure).