Marathon Petroleum
3.27 %
-14.32 %
Yet to be announced
Company Overview
Marathon Petroleum Corporation operates as an integrated downstream energy company primarily in the United States. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast, Mid-Continent, and West Coast regions. The Midstream segment transports, stores, distributes, and markets crude oil, refined products through refining logistics assets, pipelines, terminals, and towboats.
Revenue Sources
PassAfter reviewing Marathon Petroleum's operations and revenue sources, the company's primary revenue comes from legitimate business activities in petroleum refining, transportation, and marketing. These activities involve real asset exchanges and value creation through the processing and distribution of energy products. There are no significant revenues from prohibited sources like gambling, alcohol, tobacco, or other haram activities.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2025 | $31.85b | $31.47b | - | $304.0m | 0.00% | 0.97% |
| Dec. 31, 2024 | $33.47b | $32.57b | - | $245.0m | 0.00% | 0.75% |
| Sept. 30, 2024 | $35.37b | $34.24b | - | $221.0m | 0.00% | 0.65% |
| June 30, 2024 | $38.36b | $36.03b | - | $194.0m | 0.00% | 0.54% |
Analyzing the financial data for the last four quarters: The interest expense to total expense ratios have consistently remained below the 5% threshold. For the most recent quarters, interest expenses have been minimal relative to the company's total expenses, demonstrating that interest is not a material part of their business model.
Operational Ethics
PassBased on available information from SEC filings and company disclosures, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company's operations are primarily concentrated in the United States, and there are no documented material ties to the state of Israel or the Chinese Communist Party.
Comments