Marathon Petroleum Corp operates in the Petroleum refining sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Marathon Petroleum Corp with three other
companies in this sector in UNITED STATES :
Valero Energy Corporation
(2020
sales of $64.91 billion
of which 94%
was Refining),
Phillips 66
($64.13 billion
of which 67%
was Marketing and Specialties), and
NK Lukoil PAO
($77.15 billion
of which 97%
was Refining, Marketing & Distribution).
Sales Analysis.
Marathon Petroleum Corp reported sales of $69.90 billion
for the
year ending
December of 2020.
This
represents
a
sharp
decrease of 43.7%
versus 2019, when the company's sales were $124.13 billion.
The sales level in 2020 was fairly close to the level five years ago: in 2015, Marathon Petroleum Corp had sales
of $64.45 billion.
Contributing to the drop in overall sales was the 24.0% decline
in Refining and Marketing, from $87.06 billion to $66.18 billion.
There were also decreases in sales in
Mindstream (down 6.1% to $3.60 billion)
.