Marathon Petroleum (WBO:MPC) Net Undeveloped Acreage # : 0.00 (As of . 20)

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What is Marathon Petroleum Net Undeveloped Acreage #?

Net Undeveloped Acreage # means acres which are leased by the company but which are not yet able to produce economic quantities of oil or gas.

The historical rank and industry rank for Marathon Petroleum's Net Undeveloped Acreage # or its related term are showing as below:

WBO:MPC's Net Undeveloped Acreage # is not ranked ^*
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Net Undeveloped Acreage # only.

Marathon Petroleum Net Undeveloped Acreage # Historical Data

The historical data trend for Marathon Petroleum's Net Undeveloped Acreage # can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Marathon Petroleum Net Undeveloped Acreage # Chart

Marathon Petroleum (WBO:MPC) Net Undeveloped Acreage # Explanation

Net Undeveloped Acreage # means those leased acres on which wells have not yet been drilled or completed to a point that would permit the production of economic quantities of oil or gas, regardless of whether or not such acreage contains proved reserves. If a piece of land leased by the company is not developed, that automatically means it is part of the net undeveloped acreage.

Marathon Petroleum Net Undeveloped Acreage # Related Terms

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Marathon Petroleum (WBO:MPC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Marathon Petroleum Corp (WBO:MPC) » Definitions » Net Undeveloped Acreage #

Comparable Companies

Traded in Other Exchanges

MPC:USA MPC:Mexico MPN:Germany M1PC34:Brazil

Address

539 South Main Street, Findlay, OH, USA, 45840-3229

Website

https://www.marathonpetroleum.com

Marathon Petroleum is an independent refiner with 13 refineries in the midcontinent, West Coast, and Gulf Coast of the United States with total throughput capacity of 2.9 million barrels per day. Its Dickinson, North Dakota, facility produces 184 million gallons a year of renewable diesel. Its Martinez, California, facility will have the ability to produce 730 million gallons a year of renewable diesel once converted. The firm also owns and operates midstream assets primarily through its listed master limited partnership, MPLX.