How many managers can we cut and still run smoothly? Actually, let me rephrase that - how many LAYERS of managers? How many of them are just meeting-hoppers with barely any direct reports? What exactly is their purpose in the company? Someone, please... — read more
There are worse places to work at
I know working here can be exhausting. It’s become less rewarding over time, and opportunities for advancement are few and far between. Still, the pay and benefits are decent, there’s at least some investment in the workforce, and if you’re lucky... — read more
Stop ki-ling yourself for this place
Do just enough to get by. Go above and beyond, and they’ll just milk you dry while pretending it’s "opportunity." Play the game right: put in your hours, collect your check, and save your energy for something that actually matters. Marathon Petroleum... — read more
IT Commercial
Losing some very good people in IT Commercial. Whether it’s leaving the company, or going to another division. Growing nervous about the changes.. are people leaving because of the potential implications of tariffs?? Seems like we’re on a sinking... — read more
Good to pay attention to ConocoPhillips information today.
They are the ones who bought some Marathon Oil ( not Marathon Petroleum--yet? ) last year. Now look into the cutbacks and restructuring. What properties are they selling off? Try to see what they are projecting then give your own future guess.
Bad management = too much overtime
The job is already tough, and my team has been running on fumes for months. Honestly, I can't remember the last time I got home and had even a few minutes to myself before passing out. The real issue is management. They don’t understand half of what... — read more
Being laid off is not the worst thing that could happen to you
Getting laid off from Marathon Petroleum was the biggest blessing in disguise. A year later, I’m making way more money, actually enjoying my work, and not constantly stressed out. It’s crazy how much better life gets when you’re not stuck in a toxic... — read more
Products Clamp Down
What is going on with the products team in Houston? The VP is tightening the sc--ws doing time checks for all salaried employees at the end of the day like they're hourly employees that clock in and clock out. What is driving this? They're trying to... — read more
Marathon Petroleum leadership playbook:
Step 1: Claim victory for any success Step 2: Throw teams under the bus for failures Rinse and repeat.
How will the tariffs effect oil prices and jobs?
Oil prices flourish when businesses are doing great. Currently due to the tariff possibilities early gougers already are raising food and merchandise prices. Excitement is in the air for them but not for consumers.
Houston Trader Carnage
3 crude traders gone in a week
2025 Raises/Bonuses
Everyone, please comment your rating (middle box, top right, etc). and your raise/bonus %.
Corporate Office/Commercial
With the ongoing restructuring and the increasing reliance on contractors, is there any rumors of layoffs/terminations in the near future? I’ve noticed that instead of layoffs, there seems to be an increase in hiring.
Promotion Cycles for IC's
What are our current months for promotions for individual contributors, e.g., refinery engineers? I know some promotions occur off-cycle in July, but not sure when else....
ACB Bonus
Bonus target is 121.34% boys and girls. Just remember our friends at Valero and P66 get the actual bonus target for being a middle box, not below target for being average.
Inflated Supervisor/Manager Titles
What's up with the recent updates to supervisor/manager titles? Supervisors are now managers, managers are now directors, all while maintaining the same pay grade? Check titles on Workday for proof as they are not reflected yet on Outlook/Teams.
Chevron to cut up to 20% of workforce. How long until MPC follows?
With the big red M being obsessed with “increasing shareholder value “ this seems like an obvious move. It’s the easiest way to cut costs. It’s been nearly five years since the Covid purge.
Will 25% tariffs effect Marathon Petroleum? They start February 1st.
Canada ships 40%+ of the oil US receives. A tariff of 25% is huge.
Another refinery closing Houston's Lyondell Basell -400 lay offs. What is up with refineries?
Appears total shut down by end of quarter. Houston , Texas is a bell weather for refinery news yet no one seems to be awake at other oil and gas facilities or trying to follow what is happening or even inquire why.
DEI
Now that Trump is back.. you think MPC will Ditch the DEI? Or do you think our leaders really believe in that BS. Of course they don't, and will be funny to see them reverting.
Yardstycks surveys - what does the survey say?
What does the yardstyck say?
With BP oil cutting around 4700 plus 3000 contractors will Marathon Petroleum be next?
Margins went up 1.4% on announcements. Pays to follow what other competitors are doing.
Happy 2025
Let the layoffs begin.
Summer 2024 Interns
Looks like the interns from this past summer all got told that they would not be getting offers. This was due to the uncertainty of the economy and being an election year.
Contract deets
So what are the details on Detroit's contract? All I see is "significant wage increase" blah blah. What are the real numbers?
Let’s have some fun…..
It’s almost the holidays so let’s have some fun. What’s the WORST department at MPC? I’ll go first….. COMMERCIAL
Leadership insight forum
Wow….was that weird or what? Ol’ Maryanne has quite the delivery style. Same old song and dance just a different face at the podium.
Marathon Oil Layoffs 2025
Is there going to be any reorg or Marathon Oil layoffs? Any chatter, news or rumors?
Where is the money going? Excessive share buyback program
You wonder where the money is going? MPC stock is ~16-20% higher than our peers, yet our share buyback program is ~200% our peers. That is where the money is going. Who benefits the most from a strong share buy back program? Those compensated... — read more
Lots of top brass at GBR
Seen lots of suits at GBR this week, any good news or bad?
Annual raise of sub 4%, dividend increase of 10%
10% dividend increase to help stabilize our share price, ie executive compensation, while our annual raises with relatively high inflation were sub 4%. Thank you sir, may I have another... — read more
Big Changes in Refining
Thoughts on the big announcement yesterday? Seems like the two of the three amigos got demoted. New ops SVP will be interesting
Californication
Phillips 66 on Wednesday announced that it would cease operations at its Los Angeles-area refinery in the fourth quarter of 2025. What’s MPC gonna do???
Trader Bonus - Up to $100k
To my knowledge and for those that don’t know, MPC traders get the corporate bonus + trader bonus. Trader bonus target is $50k with ceiling at $100k. It is a cash payout paid out around the time of the corporate bonus with no vesting period. I... — read more
Pulse Survey
The Pulse Survey from Q1 seems to have disappeared. They told us results would be shared in Q2. The results are always sugarcoated but this year seem to have completely disappeared. Too bad to sugarcoat or what is going on?
Will the Sea Port closures/ Strike affect anything at Marathon?
Saying they will let oil tankers thru but is that reliable since people on strike can be very upset and really do not want to see any business conducted until after strike is settled.
Elliott Management to acquire Citgo
With Elliott Group winning the Citgo refinery bid, and Mr. Goff at the helm, I wonder how many former Andeavor employees will be recruited to the new company?
Changes in Refining
There are some significant challenges within the Refining Executive Leadership Team given the current dynamics. One Senior Refining VP is focused on non-essential matters with little understanding of what it takes to properly invest and safely... — read more
Company Moral.
Mike Hennigan is the worst form of cancer known to corporate America and he is ruining this company.