Phillips 66 (PSX), Mondelez International Inc (MDLZ) Among The Most Successful Spin Off Companies

No. 3 Marathon Petroleum Corp (NYSE:MPC)

Marathon Petroleum Corp (NYSE:MPC)

Marathon Petroleum Corp (NYSE:MPC) represents another spin off in the oil & gas industry. Separated from its parent company Marathon Oil Corporation (NYSE:MRO) in 2011, the spin off managed to beat the parent company in both sales and profits. On the Fortune 500, Marathon Petroleum Corp (NYSE:MPC) ranked 33, with sales $76.5 billion, and a profit $3.4 billion, versus $1.6 billion profit of Marathon Oil Corporation (NYSE:MRO).