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.
Marathon Petroleum Corporation began as Marathon Ashland Petroleum, LLC a U.S. based petroleum corporation, formed in 1998 from a merger of the downstream operations of Ashland, Inc. , and Marathon Oil. Its corporate headquarters were in Findlay.Marathon owned 62% percent and Ashland owned 38% of this venture.The original Marathon company was also based in Findlay, and began in 1887 as Ohio Oil Company before becoming Marathon in the 1960s. On September 1, 2001, Marathon formed Pilot Travel Centers, LLC (PTC) in a joint venture with Pilot Corporation.arathon owned 62% percent and Ashland owned 38% of this venture. The original Marathon company was also based in Findlay, and began in 1887 as Ohio Oil Company before becoming Marathon in the 1960s. On September 1, 2001, Marathon formed Pilot Travel Centers, LLC (PTC) in a joint venture with Pilot Corporation.