Corporate Profile

Operating across the globe, Marathon is among the world’s leading integrated energy companies – applying innovative technologies to discover and develop valuable energy resources, providing high-quality products to the marketplace and delivering value to all of the Company’s stakeholders.

Exploration and Production
Marathon's exploration activities are focused on adding profitable production to existing core areas (United States, Equatorial Guinea, Libya and the North Sea) and developing potential new core areas (Angola and Indonesia).

Marathon's production operations supply liquid hydrocarbons and natural gas to the growing world energy market. Worldwide production operations are currently focused in the U.S., Africa and Europe. The Company also holds ownership interests in both operated and non-operated oil sands leases in Canada that could be developed using in-situ methods of extraction.

Oil Sands Mining
Marathon owns a 20 percent outside-operated interest in the Athabasca Oil Sands Project (AOSP), which includes the Muskeg River Mine, the Scotford Upgrader and additional prospective acreage in Alberta, Canada. These assets give Marathon access to stable, long-life Organization for Economic Cooperation and Development (OECD) production through several future phased expansions.

Integrated Gas
Marathon's integrated gas business adds value through the development of opportunities created by the growing demand for natural gas. The Company is linking vast stranded natural gas resources around the globe with areas where a supply gap is emerging due to limited production growth and increasing demand. Integrated gas complements Marathon's exploration and production operations and opens a wide array of investment opportunities designed to add sustainable value growth.

Refining, Marketing and Transportation
Marathon has extensive refining, marketing and transportation operations concentrated primarily in the Midwest, Upper Great Plains, Gulf Coast and Southeastern regions of the U.S. Marathon ranks as the fifth largest crude oil refiner in the U.S. and the largest in the Midwest. Strategically located to serve major markets, Marathon's operations include a seven-plant refining network, a comprehensive terminal and transportation system, and extensive marketing operations. This segment also includes Marathon's wholly owned retail marketing subsidiary Speedway SuperAmerica LLC, one of the four largest chains of company-owned and -operated retail gasoline and convenience stores in the U.S. and the largest in the Midwest.