COVID Stimulus Watch Parent Company Summary
Parent Company Name:
Marathon Petroleum
Grant Total: $0
Face Value of Loans Total: $17,581,922
Parent Company Data
Ownership Structure: publicly traded (ticker symbol MPC)
Headquartered in: Ohio
Sector: oil and gas
Industry: oil & gas
Employees (prior to pandemic): 60,910
Parent Accountability Issues Since 2010
Employment-related Penalties: $43,363,897
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $864,882,978
Consumer Protection / Financial / Competition-related Penalties: $42,511,655
Ratio of CEO Pay to that of Median Worker: 877 to 1
CEO Compensation: $24,129,164
Worker Median Pay: $27,507
Total Federal, State, and Local Subsidies: $237,279,452
Federal Corporate Income Tax Rate: 15.7%
Other Accountability Links For This Company
Individual Award Records
Click on the company name for more information on each subsidy award.
State:
Grant Amount:
Face Loan Amount:$6,523,140
Contract Amount:
Award Date:Jul 10, 2020
State:
Grant Amount:
Face Loan Amount:$4,366,260
Contract Amount:
Award Date:Aug 10, 2020
State:
Grant Amount:
Face Loan Amount:$2,828,497
Contract Amount:
Award Date:Jun 28, 2020
State:
Grant Amount:
Face Loan Amount:$2,714,750
Contract Amount:
Award Date:Jun 28, 2020
State:
Grant Amount:
Face Loan Amount:$1,149,275
Contract Amount:
Award Date:Oct 15, 2020
Contracting Issues