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.
In 2001, USX, the holding company that owned United States Steel and Marathon, spun off the steel business and in 2002 USX renamed itself Marathon Oil Corporation.istory [edit]. Marathon began as The Ohio Oil Company in 1887. In 1889, it was purchased by John D. Rockefeller 's Standard Oil trust. It remained a part of Standard Oil until the trust was broken in 1911.