Marathon Petroleum Corporation is an American petroleum refining, marketing, and transportation company headquartered in Findlay, Ohio.The company was a wholly owned subsidiary of Marathon Oil until a corporate spin-off in 2011. Free trial. Best deals to access real time data! $33.03. for only. This was a 2 for 1 split, meaning for each share of MRO owned pre-split, the shareholder now owned 2 shares. [9], In 2003, Marathon sold its Canadian operations to Husky Energy. Chart. [16], In September 2013, Marathon announced it would sell a 10% stake in an oil and gas field offshore Angola for around $590 million to Sonangol Group. The first split for MRO took place on June 19, 2007. In 1889, it was purchased by John D. Rockefeller s Standard Oil trust. The Marathon Oil could be a main factor of why investors buy Marathon Oil stock. In 1887, several small oil companies banded together to form The Ohio Oil Company. Marathon Oil began as The Ohio Oil Company in 1887. Lincoln Oil Refining Company was purchased, which included the Robinson refinery in Illinois and 17 Linco brand service stations in Robinson and Terre Haute, Indiana. In 1887, several small oil companies banded together to form The Ohio Oil Company. Marathon Oil became an independent E&P company on July 1, 2011. 1887. Cardinal Pipeline construction was completed in central Ohio. The St. Paul Park refinery and Speedway SuperAmerica assets in Minnesota were sold. Ohio Oil’s Marathon service stations took on a new look, offering tires, batteries and accessories, and auto maintenance in the service bays. A legal battle ensued thereafter.[6]. History. 1906. BIMCP had proven being successful in reducing malaria transmission, reducing the proportion of children with malaria parasites, and improving iron status. Marathon Oil (MRO) has 4 splits in our Marathon Oil stock split history database. Search Dividend Stocks or Company Profile for a particular: Ex-Dividend Date: Ticker Symbol: Stock/Fund Name: The Houston, Texas-based Marathon Oil Corp. (MRO) company belongs to the Energy sector as per the industrial classification standards, and is categorized as a Oil and Gas Production speciality business. BIMCP is perceived as a model of hands-on corporate involvement in a humanitarian effort with government, non-profits and academic organizations to reduce the burden of malaria in countries located in Equatorial Africa. Along the way, gas stations took on new looks and additional services, new refining processes were born and the precursor to the modern credit card was first issued. Corporate headquarters were moved to Findlay, Ohio. Building on a rich history, with pride in our past achievements, our strategy is resolutely focused on U.S. unconventional resource plays. [17], In June 2014, Marathon Oil Norge AS (Marathon Norway) was acquired by Det Norske Oljeselskap ASA for US$2.1 billon. Follow MRO. Ohio Oil created Illinois Pipe Line Company and immediately spun the company off. [1], The company owns 277,000 net acres in the Bakken formation.[1]. Marathon Oil (MRO) has 4 splits in our Marathon Oil stock split history database. Canadian Level 1 + USA. In 1984, Marathon purchased the U.S. unit of Husky Energy for $505 million. The first split for MRO took place on June 19, 2007. From this humble beginning, we evolved into Marathon Petroleum Corporation. MPLX completed construction of the Cornerstone Pipeline in Ohio. [1], In 2016, the company plans to spend $1.4 billion on capital expenditures, of which $1.2 billion will be spent in North America, including $600 million in the Eagle Ford and $200 million in the Bakken formation. A more detailed history in Ohio use technical analysis tools such as &... 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