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.
Privately held for its first 23 years, Marathon was acquired in 1990 by Dover Industries, a diversified industrial manufacturing company and wholly owned subsidiary of Dover Corporation which is publicly traded on the New York Stock Exchange.arathon Equipment Company, known throughout the world as a leading manufacturer of on-site waste compaction and recycling systems, began one evening in early 1966 as Lawson Acton, refuse hauling contractor, and Jack Wright, a manufacturer of car washes, were talking over the back fence.