COVID Stimulus Watch Individual Entry

Individual Award Data

Recipient Company:
MARATHON PETROLEUM CORP
Parent Company: Marathon Petroleum
Award Date: Jul 10, 2020
Award Type: loan
Loan or Loan Guarantee Amount: $6,523,140
Awarding Agency: Federal Reserve
Program Name: Secondary Market Corporate Credit Facility
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...

Parent Company Data

Ownership Structure: publicly traded (ticker symbol MPC)
Headquartered in: Ohio
Parent Sector: oil and gas
Parent Industry: oil & gas
Employees (prior to pandemic): 60,910

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $28,177,296
Contracting icon
Good Jobs First has no data in this category
Environment icon
Environmental / Healthcare / Safety Penalties: $855,231,916
ConsumerProt icon
Consumer Protection / Financial / Competition-related Penalties: $22,511,655
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 877 to 1
CEO Compensation: $24,129,164
Worker Median Pay: $27,507
Tax icon
Total Federal, State, and Local Subsidies: $317,885,815
Federal Corporate Income Tax Rate: 15.7%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources