Financial Information

Funding our growth journey

Financial Main Graphic

Motiva is an investment-grade, independent, and entrepreneurial enterprise.

2020 Financials

Selected financial data

Headquartered in Houston, Texas, Motiva refines, distributes and markets petroleum products throughout the United States. The company’s Port Arthur Manufacturing Complex (PAMC) in Port Arthur, TX, is comprised of North America’s largest refinery with a crude capacity of 630,000 barrels a day, the country’s largest lubricant plant, and an adjacent chemical plant. Under exclusive, long-term brand licenses with Shell and Phillips 66 (for the 76® brand), Motiva’s marketing operations support more than 5,000 retail gasoline stations. The company’s 2,500 U.S. employees are dedicated to delivering excellence and having fun making a difference. Motiva is wholly owned by Saudi Aramco.

Motiva was formed as a Delaware limited liability company on July 1, 1998 to combine the major elements of the Gulf and East Coast refining and marketing operations of Shell Oil Company and Star Enterprises (an earlier joint venture between affiliates of Texaco Inc. and Saudi Aramco). From January 1, 2002 until May 1, 2017 Motiva was operated as a 50-50 joint venture between Shell and Saudi Aramco. On May 1, 2017, Saudi Aramco, through its wholly owned subsidiaries, assumed full ownership of Motiva following the completion of an asset separation with Shell.

Selected audited financial data for Motiva is provided below.

2020 Financial Information

 

Motiva has received debt ratings from Standard & Poor’s Ratings Services (“Standard & Poor’s”) and Moody’s Investor Services, Inc. (“Moody’s”) as follows:

 2019 Ratings Table

 
 
 
 
 
 
 
 

 

General information concerning Motiva is available through Dun & Bradstreet under DUNS number 02-383-8670. 

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