OverviewSuggest Edit

Marathon Oil is an oil and natural gas exploration and production company. It operates through two operating segments: United States and International. The United States and International segments explore for, produce, and market crude oil and condensate, NGLs and natural gas.
TypePublic
Founded1887
HQHouston, TX, US
Websitemarathonoil.com
Employee Ratings3.5
Overall CultureB

Latest Updates

Employees (est.) (Dec 2020)1,672(-16%)
Job Openings30
Revenue (FY, 2020)$3.1 B(-40%)
Share Price (May 2022)$27(+8%)
Cybersecurity ratingCMore
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Key People/Management at Marathon Oil

Lee Tillman

Lee Tillman

Chairman, President and Chief Executive Officer
Dane Whitehead

Dane Whitehead

Chief Financial Officer, Executive Vice President
Bruce McCullough

Bruce McCullough

CIO, Senior Vice President, Technology and Innovation
Mike Henderson

Mike Henderson

Executive Vice President, Operations
Pat Wagner

Pat Wagner

Executive Vice President, Corporate Development and Strategy
Tom Hellman

Tom Hellman

Vice President, Operations
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Marathon Oil Office Locations

Marathon Oil has offices in Houston, Oklahoma City and Dickinson
Houston, TX, US (HQ)
990 Town and Country Blvd
Houston, TX, US
Marathon Oil Tower, 5555 San Felipe St
Oklahoma City, OK, US
7301 Northwest Expy
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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 (13-May-2022)

21.0b

Closing stock price (13-May-2022)

27.0

Cash (31-Mar-2021)

1.1b

EV

25.4b
Marathon Oil's current market capitalization is $21 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

Revenue/Employee

2.7m

Debt/Equity

0.5 x

Debt/Assets

0.3 x

Financial Leverage

1.8 x
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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

72/100

SecurityScorecard logo

Marathon Oil Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Marathon Oil Online and Social Media Presence

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Marathon Oil Company Culture

  • Overall Culture

    B

    70/100

  • CEO Rating

    D

    60/100

  • Compensation

    B-

    71/100

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Marathon Oil News and Updates

Time For A Pause In Marathon Oil Stock?

According to our Trefis machine learning engine which analyzes historical stock price movements, MRO stock has a 49% chance of a rise over the next month (21 trading days).

Thinking about buying stock in Nikola Corp, Marathon Oil, eBay, Redbox Entertainment, or Evofem Biosciences?

NEW YORK, May 5, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for NKLA, MRO, EBAY, RDBX, and EVFM. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

Thinking about buying stock in Nio, Carnival Corp, Bitnile, Marathon Oil, or Zomedica?

NEW YORK, April 1, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for NIO, CCL, NILE, MRO, and ZOM. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

Is Marathon Oil Stock Still Attractive After Recent Rally?

Per the Trefis machine learning engine which analyzes historical stock price movements, MRO stock has a 51% chance of a rise over the next month (21 trading days).

Piper Sandler upgrades Marathon Oil to overweight and projects another 25% gain ahead

Marathon Oil is returning cash to shareholders, giving its share price fuel to move higher, according to Piper Sandler.

Thinking about buying stock in Marathon Oil, Tellurian, Ford Motor, Devon Energy, or Liberty Oilfield Services?

NEW YORK, Feb. 22, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for MRO, TELL, F, DVN, and LBRT. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....
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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 Bruce McCullough.

  • 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 990 Town and Country Blvd, Houston.

  • Where are Marathon Oil offices?

    Marathon Oil has offices in Houston, Oklahoma City and Dickinson.

  • How many offices does Marathon Oil have?

    Marathon Oil has 4 offices.