OverviewSuggest Edit

Marathon Oil is an independent oil and natural gas exploration and production company. It is also engaged in the domestic refining, marketing, and transportation of petroleum products.

TypePublic
Founded1887
HQHouston, TX, US
Websitemarathonoil.com
Employee Ratings3.4
Overall CultureC

Latest Updates

Employees (est.) (Dec 2020)1,672(-16%)
Job Openings12
Revenue (FY, 2020)$3.1 B(-40%)
Share Price (Sept 2021)$12.6(+8%)
Cybersecurity ratingCMore

Key People/Management at Marathon Oil

Lee Tillman

Lee Tillman

Chairman, President and CEO
Dane Whitehead

Dane Whitehead

Executive Vice President and CFO
Pat Wagner

Pat Wagner

Executive Vice President, Corporate Development and Strategy
Mike Henderson

Mike Henderson

Executive Vice President, Operations
Bruce McCullough

Bruce McCullough

Senior Vice President, Technology & Innovation, and CIO
Todd Abbott

Todd Abbott

Senior Vice President, Business Planning
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Marathon Oil Office Locations

Marathon Oil has an office in Houston
Houston, TX, US (HQ)
Marathon Oil Tower, 5555 San Felipe St
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Marathon Oil Financials and Metrics

Marathon Oil Revenue

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View revenue for all periods
Marathon Oil's revenue was reported to be $3.09 b in FY, 2020 which is a 40.5% decrease from the previous period.
USD

Revenue (Q1, 2021)

1.1b

Gross profit (Q1, 2021)

950.0m

Gross profit margin (Q1, 2021), %

88.7%

Net income (Q1, 2021)

97.0m

EBIT (Q1, 2021)

117.0m

Market capitalization (15-Sept-2021)

10.0b

Closing stock price (15-Sept-2021)

12.6

Cash (31-Mar-2021)

1.1b

EV

14.3b
Marathon Oil's current market capitalization is $10 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

6.6b5.2b3.1b

Revenue growth, %

38%(21%)(41%)

Cost of goods sold

842.0m712.0m555.0m

Gross profit

5.7b4.5b2.5b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

1.2b1.4b1.3b1.2b272.0m754.0m1.1b

Cost of goods sold

187.0m193.0m163.0m160.0m129.0m129.0m121.0m

Gross profit

1.0b1.2b1.2b1.1b143.0m625.0m950.0m

Gross profit Margin, %

84%87%88%87%53%83%89%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

1.5b858.0m742.0m

Accounts Receivable

1.1b1.1b747.0m

Inventories

96.0m72.0m76.0m

Current Assets

2.9b2.1b1.6b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

1.0b961.0m1.2b817.0m522.0m1.1b1.1b

Accounts Receivable

1.1b1.1b1.1b703.0m620.0m643.0m921.0m

Inventories

83.0m72.0m71.0m78.0m77.0m77.0m78.0m

Current Assets

2.8b2.7b2.5b1.9b1.4b1.9b2.2b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

1.1b480.0m(1.5b)

Depreciation and Amortization

2.4b2.4b2.3b

Inventories

(1.0m)3.0m(4.0m)

Accounts Payable

179.0m(187.0m)(381.0m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

174.0m335.0m500.0m(46.0m)(796.0m)(1.1b)97.0m

Depreciation and Amortization

554.0m1.2b1.8b644.0m1.2b1.8b496.0m

Inventories

4.0m3.0m4.0m(6.0m)(5.0m)(5.0m)(2.0m)

Accounts Payable

(102.0m)(158.0m)(164.0m)(234.0m)(456.0m)(478.0m)101.0m
USDFY, 2018

EV/EBIT

9.5 x

EV/CFO

4.9 x

Revenue/Employee

2.7m

Debt/Equity

0.5 x

Debt/Assets

0.3 x

Financial Leverage

1.8 x

P/E Ratio

11.1
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Marathon Oil Operating Metrics

FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021

Crude Oil and Condensate Average Price Realizations per Unit (United States), $/bbl

$63.11$54.05$59.18$55.09$55.8$44.23$21.65$37.78$35.93$55.38

Crude Oil and Condensate Proved Reserves, mmbbl

656652509

Crude Oil and Condensate Proved Undeveloped Reserves, mmbbl

311318185

Natural Gas Liquids Average Sales Price per Unit, $/bbl

$20.85$12.46$9.97
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Marathon Oil Acquisitions / Subsidiaries

Company NameDateDeal Size
PayRock EnergyJune 20, 2016$888 m
Globex Energy, IncJune 01, 2002
Pennaco EnergyMarch 01, 2001
Alba Associates LLC
Alba Equatorial Guinea Partnership, L.P.
Alba Plant LLC
AMPCO Marketing, L.L.C.
AMPCO Services, L.L.C.
Atlantic Methanol Associates LLC
Atlantic Methanol Production Company LLC
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Marathon Oil Revenue Breakdown

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Marathon Oil revenue breakdown by business segment: 94.4% from United States E&P and 5.6% from International E&P

Human Capital Metrics

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Marathon Oil Cybersecurity Score

Cybersecurity ratingPremium dataset

C

71/100

SecurityScorecard logo

Marathon Oil Online and Social Media Presence

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Marathon Oil Company Culture

  • Overall Culture

    C

    67/100

  • CEO Rating

    F

    47/100

  • Compensation

    C+

    67/100

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Marathon Oil News and Updates

EOG, Marathon Oil, APA surpass profit estimates on higher crude prices

Oil and gas producers EOG Resources Inc (EOG.N), APA Corp(APA.O) and Marathon Oil Corp (MRO.N) topped Wall Street estimate for second-quarter profit on Wednesday, driven by higher crude prices.

EOG, Marathon Oil, APA surpass profit estimates on higher crude prices

Oil and gas producers EOG Resources Inc (EOG.N), APA Corp(APA.O) and Marathon Oil Corp (MRO.N) topped Wall Street estimate for second-quarter profit on Wednesday, driven by higher crude prices.

Which Stock To Pick? Hyatt Or Marathon Oil

With fears of another infectious wave stalling the economy, all travel and tourism stocks have been observing a downtrend. Moreover, the shares of upstream oil companies also fell after the OPEC+ announced plans to boost production on a monthly basis..

Stocks This Week: Buy Energy Select Sector SPDR Fund (XLE) And Marathon Oil

The market is likely moving higher this week. Here are trading candidates from the energy sector.

Thinking about buying stock in Kintara Therapeutics, US Well Services, Transocean, Marathon Oil, or Cerevel Therapeutics?

NEW YORK, July 1, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for KTRA, USWS, RIG, MRO, and CERE. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

Marathon Oil Reports First Quarter 2021 Results

Marathon Oil Corporation (NYSE:MRO) reported first quarter 2021 net income of $97 million, or $0.12 per diluted share, which includes the impact of certain items not typically represented in analysts' earnings estimates and that would otherwise affect comparability of results. The adjusted net incom…
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Marathon Oil Frequently Asked Questions

  • When was Marathon Oil founded?

    Marathon Oil was founded in 1887.

  • Who are Marathon Oil key executives?

    Marathon Oil's key executives are Lee Tillman, Dane Whitehead and Pat Wagner.

  • How many employees does Marathon Oil have?

    Marathon Oil has 1,672 employees.

  • What is Marathon Oil revenue?

    Latest Marathon Oil annual revenue is $3.1 b.

  • What is Marathon Oil revenue per employee?

    Latest Marathon Oil revenue per employee is $1.8 m.

  • Who are Marathon Oil competitors?

    Competitors of Marathon Oil include PBF Energy, Hess and ConocoPhillips.

  • Where is Marathon Oil headquarters?

    Marathon Oil headquarters is located at Marathon Oil Tower, 5555 San Felipe St, Houston.

  • Where are Marathon Oil offices?

    Marathon Oil has an office in Houston.

  • How many offices does Marathon Oil have?

    Marathon Oil has 1 office.