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Marathon Oil Corporation  (MRO)
Other Ticker:  
 
    Sector  Energy    Industry Oil And Gas Production
   Industry Oil And Gas Production
   Sector  Energy
 
Price: $26.5900 $0.08 0.302%
Day's High: $26.7 Week Perf: 5.81 %
Day's Low: $ 26.29 30 Day Perf: 14.41 %
Volume (M): 8,985 52 Wk High: $ 29.56
Volume (M$): $ 238,916 52 Wk Avg: $24.67
Open: $26.55 52 Wk Low: $21.16



 Market Capitalization (Millions $) 16,141
 Shares Outstanding (Millions) 607
 Employees 1,531
 Revenues (TTM) (Millions $) 6,697
 Net Income (TTM) (Millions $) 1,554
 Cash Flow (TTM) (Millions $) -179
 Capital Exp. (TTM) (Millions $) 2,033

Marathon Oil Corporation
Marathon's principal operating subsidiaries are Marathon Oil Company and Marathon Ashland Petroleum LLC ('MAP'). Marathon Oil Company and its predecessors have been engaged in the oil and gas business since 1887. MAP is 62-percent owned by Marathon and 38-percent owned by Ashland Inc.

Marathon is engaged in worldwide exploration and production of crude oil and natural gas; domestic refining, marketing and transportation of crude oil and petroleum products primarily through MAP; and other energy related businesses.

Exploration and Production

Marathon is currently conducting exploration and development activities in nine countries.

Refining, Marketing and Transportation

RM&T operations are primarily conducted by MAP and its subsidiaries, including its wholly owned subsidiaries, Speedway SuperAmerica LLC ('SSA') and Marathon Ashland Pipe Line LLC.

Other Energy Related Businesses

Marathon operates other businesses that market and transport its own and third-party natural gas, crude oil and products manufactured from natural gas, such as LNG and methanol, primarily in the United States, Europe and West Africa.

Competition and Market Conditions

Strong competition exists in all sectors of the oil and gas industry and, in particular, in the exploration and development of new reserves. Marathon competes with major integrated and independent oil and gas companies for the acquisition of oil and gas leases and other properties, for the equipment and labor required to develop and operate those properties and in the marketing of oil and natural gas to end-users. Many of Marathon's competitors have financial and other resources greater than those available to Marathon. As a consequence, Marathon may be at a competitive disadvantage in bidding for the rights to explore for oil and gas.



   Company Address: 990 Town and Country Boulevard, Houston, 77024 TX
   Company Phone Number: 629-6600   Stock Exchange / Ticker: NYSE MRO
   


Customers Net Income grew by MRO's Customers Net Profit Margin grew to

11.18 %

5.43 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
CHKEW     
EOG        2.26% 
EQT   -3.24%    
OXY        3.37% 
PXD        3.52% 
SWN   -0.14%    
• View Complete Report
   



Dividend

Marathon Oil Declares Dividend Amidst Ongoing Industry Transformations

Published Wed, Jan 31 2024 9:30 PM UTC



In a recent press release, Marathon Oil Corporation (NYSE: MRO) has announced its decision to declare a dividend of 11 cents per share on its common stock. This move reflects the company's commitment to generate value for its shareholders amidst an evolving landscape in the oil and gas industry. The dividend will be payable on March 11, 2024, to stockholders of rec...

Marathon Oil Corporation

Marathon Oil Corporation Faces Epic Fiscal Feat as Profits Plummet in Fiscal Period Ending June 30, 2023


Subtitle: Financial results reveal a decline in profitability and revenue, while stock performance remains resilient
As Marathon Oil Corporation enters the next phase of its fiscal year, recent financial results paint a mixed picture for the company. Despite a challenging period marked by significant declines in earnings per share (EPS), income, revenue, and net income, the company's stock has managed to maintain a steady performance. Let's examine these results in the context of Marathon Oil Corporation's recent financial performance.
Firstly, for the most recent fiscal period, Marathon Oil Corporation experienced a significant decline in EPS, plummeting by -65.69% to $0.47 per share compared to $1.37 per share the previous year. Similarly, income declined by -28.79% to $0.66 per share from the prior reporting period. These figures reflect a downturn in the company's profitability, posing concerns for investors.

Marathon Oil Corporation

Marathon Oil Corporation Experiences Steep Decline in Earnings and Profits for Q1 2023

Marathon Oil Corporation, a leading oil and gas exploration and production company, recently released its financial results for the time-frame closing March 31 2023, revealing a significant decline in earnings and profits. The company's earnings per share plunged by -62.92% to $0.66 per share, compared to $1.78 per share a year ago, while profits fell by -19.92% from $0.82 per share from the prior reporting season.
Furthermore, the revenue contracted by -4.164% to $1.68 billion from $1.75 billion in the corresponding reporting season a year ago. The sequential Revenue decreased by -3.058% from $1.73 billion. The net profits of $417.000 million in the financial time-frame closing March 31 2023 also fell by -68.02% from $1,304.000 million in the corresponding period a year before.






 

Marathon Oil's Segments
 
Exploration & Production
 Segment     of total Revenue
Oil Sands Mining
 Segment     of total Revenue
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Marathon Oil does not provide revenue guidance.

Earnings Outlook
Marathon Oil Corporation does not provide earnings estimates.

 
Geographic Revenue Dispersion
United States
Canada
Norway
Other Foreign Countries
Libya

Marathon Oil's Operating Statistics Decrease / Increase
       
Crude oil Sales (MBP/D)     
Natural gas Sales (MMCF/D)    Natural gas Sales (MMCF/D) Growth   
Crude oil per barrel Avg. Price ($)   Crude oil per barrel Avg. Price ($)  Decline   
Natural gas per (MCF) Avg. Price ($)   Natural gas per (MCF) Avg. Price ($) Decline   
Oil Sands Crude oil Sales (MBP/D)   Oil Sands Crude oil Sales (MBP/D) Decline   
LNG Sales (MTP/D)   LNG Sales (MTP/D) Decline   
Methanol Sales (MTP/D)    Methanol Sales (MTP/D) Growth   
Oil Sands Crude oil per barrel Avg. Price ($)   Oil Sands Crude oil per barrel Avg. Price ($)  Decline   




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