Ohio-based refining giant Marathon Petroleum saw its revenue increase 21% in 2017 with earnings of $3.43 billion. With its acquisition of competitor Andeavor for $23.3 billion in April 2018, Marathon is poised to make an even bigger footprint in the sector moving forward. The deal gives Marathon a big new presence on the west coast and results in a refining capacity of 3 billion barrels a day.
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