P/E Ratio. A P/E ratio illustrates where a stock is currently trading based on its past or future earnings performance. A trailing 12-month P/E ratio reflects the stock price based on earnings over the past four quarters, while a future P/E ratio illustrates where a stock is trading based on profit projections.
Marathon Petroleum Corporation is a United States based petroleum refining, marketing, and transportation company. The company was formed as a subsidiary on September 1, 2005, from the former Marathon Ashland Petroleum, LLC, and is based in Findlay, Ohio.Marathon Petroleum operated as a subsidiary of the Marathon Oil Corporation until becoming a standalone company on July 1, 2011.he company was formed as a subsidiary on September 1, 2005, from the former Marathon Ashland Petroleum, LLC, and is based in Findlay, Ohio. Marathon Petroleum operated as a subsidiary of the Marathon Oil Corporation until becoming a standalone company on July 1, 2011.
DEFINITION of 'Domestic Corporation'. A company that conducts its affairs in its home country. A domestic corporation is often taxed differently than a foreign corporation, and may be required to pay duties or fees on the importation of its products.any companies in the United States are incorporated in Delaware, meaning that they are subject to the laws of that state. If a company incorporates in Delaware but does not do business there, it is considered an out-of-state corporation or a foreign corporation.