| Marathon Petroleum is a downstream energy company. Co.'s segments are: Refining and Marketing, which refines crude oil and other feedstocks, including renewable feedstocks, at Co.'s refineries in the Gulf Coast, Mid-Continent and West Coast regions of the U.S., purchases refined products and ethanol for resale and distributes refined products, including renewable diesel, through transportation, storage, distribution and marketing services provided by its Midstream segment; and Midstream, which transports, stores, distributes and markets crude oil and refined products principally for the Refining and Marketing segment via refining logistics assets, pipelines, terminals, towboats and barges. We show 51 historical shares outstanding datapoints in our coverage of MPC's shares outstanding history.|
Understanding the changing numbers of MPC shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like MPC versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching MPC by allowing them to research MPC shares outstanding history
as well as any other stock in our coverage universe.