Timothy J.  Aydt net worth and biography

Timothy Aydt Biography and Net Worth

Mr. Aydt is executive vice president of MPLX GP LLC. He is also executive vice president, Refining of Marathon Petroleum Corporation. 

Mr. Aydt joined Marathon in 1985 as a pipeline engineer. He held a series of positions of increasing responsibility in Marketing and Transportation Engineering’s pipeline and retail divisions. In 1991, he helped develop a crude pipeline and trucking project in Tunisia, North Africa. He returned to pipeline operations in Wyoming in 1992, before being named pipeline engineering manager in 1995. In 1999, Mr. Aydt was named project director for the development and construction of the Cardinal Pipeline, which runs from Kenova, West Virginia, to Columbus, Ohio. He was named engineering department manager at the Robinson refinery in 2003, and manager of refining major projects in 2005. Mr. Aydt served as project director for the $2.2 billion Detroit Heavy Oil Upgrade Project from 2008, until its completion in 2012 and was named general manager of Terminal, Transport and Rail in 2013. In 2017, he was appointed president, Marathon Pipe Line LLC and vice president, operations of MPLX GP LLC. In 2018, Mr. Aydt was named vice president, business development of MPLX GP LLC. In 2020, he was named chief commercial officer and executive vice president, Pipelines, Terminals and Marine and assumed his current position in 2022.

Mr. Aydt graduated from the University of Missouri-Rolla with a bachelor’s degree in mechanical engineering in 1985. He attended Wharton’s Advanced Management Program at the University of Pennsylvania in 2014.

Mr. Aydt is a board member of the American Petroleum Institute (API) Downstream Committee and a board member of the American Fuel and Petrochemical Manufacturers Association (AFPM). Mr. Aydt previously chaired the board of the Louisiana Offshore Oil Port (LOOP) and served as past owner representative of Capline, both of which are significant entities in the nation’s crude oil infrastructure. Mr. Aydt served as past board member of the Association of Oil Pipe Lines (AOPL), past member of the American Petroleum Institute’s (API) pipeline subcommittee steering group; served on the API-AOPL Pipeline Safety Excellence Steering Committee; and served on the U.S. Department of Transportation’s Technical Hazardous Liquid Pipeline Safety Standards Committee.

What is Timothy J. Aydt's net worth?

The estimated net worth of Timothy J. Aydt is at least $3.83 million as of August 10th, 2023. Mr. Aydt owns 18,995 shares of Marathon Petroleum stock worth more than $3,827,493 as of March 28th. This net worth approximation does not reflect any other assets that Mr. Aydt may own. Additionally, Mr. Aydt receives an annual salary of $1,890,000.00 as VP at Marathon Petroleum. Learn More about Timothy J. Aydt's net worth.

How old is Timothy J. Aydt?

Mr. Aydt is currently 60 years old. There are 9 older executives and no younger executives at Marathon Petroleum. The oldest executive at Marathon Petroleum is Mr. Michael J. Hennigan, CEO & Director, who is 65 years old. Learn More on Timothy J. Aydt's age.

What is Timothy J. Aydt's salary?

As the VP of Marathon Petroleum Co., Mr. Aydt earns $1,890,000.00 per year. There are 2 executives that earn more than Mr. Aydt. The highest earning executive at Marathon Petroleum is Mr. Michael J. Hennigan, CEO & Director, who commands a salary of $6,770,000.00 per year. Learn More on Timothy J. Aydt's salary.

How do I contact Timothy J. Aydt?

The corporate mailing address for Mr. Aydt and other Marathon Petroleum executives is 539 SOUTH MAIN STREET, FINDLAY OH, 45840. Marathon Petroleum can also be reached via phone at (419) 422-2121 and via email at [email protected]. Learn More on Timothy J. Aydt's contact information.

Has Timothy J. Aydt been buying or selling shares of Marathon Petroleum?

Timothy J. Aydt has not been actively trading shares of Marathon Petroleum over the course of the past ninety days. Most recently, Timothy J. Aydt sold 4,913 shares of the business's stock in a transaction on Thursday, August 10th. The shares were sold at an average price of $145.26, for a transaction totalling $713,662.38. Following the completion of the sale, the vice president now directly owns 18,995 shares of the company's stock, valued at $2,759,213.70. Learn More on Timothy J. Aydt's trading history.

Who are Marathon Petroleum's active insiders?

Marathon Petroleum's insider roster includes Timothy Aydt (VP), Raymond Brooks (VP), Charles Bunch (Director), Carl Hagedorn (VP), Michael Hennigan (Pres), Michael Hennigan (CEO), Shawn Lyon (SVP), Maryann Mannen (Exec. VP & CFO ), and Kim Rucker (Director). Learn More on Marathon Petroleum's active insiders.

Are insiders buying or selling shares of Marathon Petroleum?

In the last twelve months, insiders at the oil and gas company sold shares 9 times. They sold a total of 101,360 shares worth more than $13,868,712.43. The most recent insider tranaction occured on March, 1st when Director Kim K.W. Rucker sold 1,000 shares worth more than $170,350.00. Insiders at Marathon Petroleum own 0.2% of the company. Learn More about insider trades at Marathon Petroleum.

Information on this page was last updated on 3/1/2024.

Timothy J. Aydt Insider Trading History at Marathon Petroleum

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
8/10/2023Sell4,913$145.26$713,662.3818,995View SEC Filing Icon  
11/22/2022Sell7,477$126.54$946,139.5816,762View SEC Filing Icon  
11/14/2022Sell12,391$122.15$1,513,560.6516,762View SEC Filing Icon  
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Timothy J. Aydt Buying and Selling Activity at Marathon Petroleum

This chart shows Timothy J Aydt's buying and selling at Marathon Petroleum by year and by quarter.

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Marathon Petroleum Company Overview

Marathon Petroleum logo
Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company primarily in the United States. The company operates through Refining & Marketing, and Midstream segments. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States; and purchases refined products and ethanol for resale and distributes refined products, including renewable diesel, through transportation, storage, distribution, and marketing services. Its refined products include transportation fuels, such as reformulated gasolines and blend-grade gasolines; heavy fuel oil; and asphalt. This segment also manufactures propane and petrochemicals. It sells refined products to wholesale marketing customers in the United States and internationally, buyers on the spot market, and independent entrepreneurs who operate primarily Marathon branded outlets, as well as through long-term fuel supply contracts to direct dealer locations primarily under the ARCO brand. The Midstream segment transports, stores, distributes, and markets crude oil and refined products through refining logistics assets, pipelines, terminals, towboats, and barges; gathers, processes, and transports natural gas; and gathers, transports, fractionates, stores, and markets natural gas liquids. Marathon Petroleum Corporation was founded in 1887 and is headquartered in Findlay, Ohio.
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Today's Range

Now: $201.50
Low: $195.95
High: $202.05

50 Day Range

MA: $174.04
Low: $151.78
High: $200.23

2 Week Range

Now: $201.50
Low: $104.32
High: $203.01

Volume

6,061,017 shs

Average Volume

2,901,673 shs

Market Capitalization

$72.61 billion

P/E Ratio

8.56

Dividend Yield

1.67%

Beta

1.5