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Interoil Corporation
Sure, here's some general information about a public company in the Oil, Gas, Refining, and Marketing sector with the stock symbol IOC:
Company Overview:
The company is Marathon Petroleum Corp (MPC), previously known as Marathon Oil Corp. It was founded in 1887 and is headquartered in Findlay, Ohio. Marathon Petroleum is a leading integrated energy company that operates in the oil, gas, refining, and marketing sectors. The company refines, markets, and transports crude oil and petroleum products.
Historical Stock Performance:
Marathon Petroleum has had a mixed stock performance over the years. The company's stock price has experienced both growth and decline. In 2010, the company's stock price was around $16, and it steadily increased to around $25 in 2014. However, the stock price then declined to around $10 in 2016 before recovering to around $20 in 2018.
Earnings:
Marathon Petroleum's earnings have also been mixed. The company's net income was $1.2 billion in 2014, but it decreased to $324 million in 2015. However, the company's net income increased to $2.4 billion in 2018.
Growth Prospects:
Marathon Petroleum has several growth prospects. The company has consistently invested in its refining and marketing businesses to improve efficiency, reduce costs, and increase profitability. Marathon Petroleum has also made strategic acquisitions, such as its 2018 purchase of Andeavor, which grew its refining and marketing capabilities.
Dividend:
Marathon Petroleum paid a quarterly dividend of $0.58 per share as of March 2023. The company's dividend yield was 2.86% as of March 18, 2023.
Management Team:
Marathon Petroleum's management team is led by Michael J. Hennigan, Chairman, President, and Chief Executive Officer. Other key members of the company's executive team include:
* Donald C. Templin, Executive Vice President and Chief Financial Officer
* Gary R. Heminger, Executive Vice President, Refining, Marketing and Supply
* Mark E. Tercek, Executive Vice President, Operations
Other things to know about Marathon Petroleum:
* Marathon Petroleum ranked 11th in Fortune 500's "America's Largest Public Companies" list in 2020.
* The company has been named to the Dow Jones Sustainability World Index and the Dow Jones Sustainability North America Index.
* Marathon Petroleum's refining segment processes more than 1.7 million barrels of crude oil per day.
Please note that this information may change rapidly and may not represent the current state of the company. It is recommended to consult reliable sources for the most up-to-date information.