% | $
Quotes you view appear here for quick access.

Marathon Oil Corporation Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • staggelee staggelee Sep 23, 2008 9:48 PM Flag

    How does MRO make money??

    They make the most money (or none right now) on refining. They are not a big producer.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • I wouldn't have said that Marathon made their money on refining. It is true that 2/3 of their revenue is refining and marketing but Marathon Convenience Stores make more profit in store than their gasoline sales. I don't know if it is still true but Marathon used to be the third largest cigarette distributor in the United States. They bottle their own water. Their upstream operations have to be very profitable now with the higher oil price. I don't think it is so simple to say that refining is how they make money. Best wishes, Selma

14.06-0.35(-2.43%)Sep 27 4:01 PMEDT