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Marathon Oil

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, USMap
Websitemarathonoil.com
Employee Ratings3.6More
View Jobs (6)

Locations

Marathon Oil is headquartered in
Houston, United States

Location Map
All Locations (2)

Latest Updates

Employees (est.) (Dec 2019)2,000(-16%)
Job Openings6
Revenue (FY, 2020)$3.1 B(-40%)
Share Price (May 2021)$11.9(+7%)

Key People/Management at Marathon Oil

Lee Tillman

Lee Tillman

Chairman, President and CEO
Greg Boyce

Greg Boyce

Director
Mitch Little

Mitch Little

Executive Vice President, Advisor to the Chief Executive Officer and E.G. Operations
Dane Whitehead

Dane Whitehead

Executive Vice President and CFO
Chad Deaton

Chad Deaton

Director
Pat Wagner

Pat Wagner

Executive Vice President, Corporate Development and Strategy
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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
Show all (2)

Marathon Oil Financials and Metrics

Marathon Oil Revenue

Marathon Oil's revenue was reported to be $3.09 b in FY, 2020
USD

Revenue (Q1, 2021)

1.1b

Net income (Q1, 2021)

97.0m

EBIT (Q1, 2021)

117.0m

Market capitalization (7-May-2021)

9.4b

Closing stock price (7-May-2021)

11.9
Marathon Oil's current market capitalization is $9.4 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

4.8b6.6b5.2b3.1b

Revenue growth, %

2%38%(21%)

Cost of goods sold

706.0m842.0m712.0m

Gross profit

4.1b5.7b4.5b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

1.1b1.1b1.3b1.7b1.4b1.7b1.2b1.4b1.3b1.2b272.0m754.0m1.1b

Cost of goods sold

151.0m176.0m194.0m217.0m205.0m215.0m187.0m193.0m163.0m

Gross profit

921.0m883.0m1.1b1.5b1.2b1.5b1.0b1.2b1.2b

Gross profit Margin, %

86%83%85%87%86%87%84%87%88%
show all
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

563.0m1.5b858.0m742.0m

Accounts Receivable

1.1b1.1b1.1b747.0m

Inventories

126.0m96.0m72.0m76.0m

Current Assets

2.6b2.9b2.1b1.6b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

2.5b2.6b1.8b1.6b1.7b1.6b1.0b961.0m1.2b817.0m522.0m

Accounts Receivable

751.0m767.0m945.0m1.1b1.2b1.3b1.1b1.1b1.1b703.0m620.0m643.0m921.0m

Inventories

145.0m140.0m132.0m110.0m117.0m110.0m83.0m72.0m71.0m78.0m77.0m77.0m78.0m

Current Assets

3.7b4.4b3.7b2.9b3.1b3.1b2.8b2.7b2.5b1.9b1.4b1.9b2.2b
show all
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(5.7b)1.1b480.0m(1.5b)

Depreciation and Amortization

2.4b2.4b2.4b2.3b

Inventories

10.0m(1.0m)3.0m(4.0m)

Accounts Payable

297.0m179.0m(187.0m)(381.0m)
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

(5.0b)(5.1b)(5.7b)356.0m452.0m706.0m174.0m335.0m500.0m(46.0m)(796.0m)(1.1b)97.0m

Depreciation and Amortization

556.0m1.1b1.8b590.0m1.2b1.8b554.0m1.2b1.8b644.0m1.2b1.8b496.0m

Inventories

(10.0m)(5.0m)4.0m(9.0m)(17.0m)(11.0m)4.0m3.0m4.0m(6.0m)(5.0m)(5.0m)(2.0m)

Accounts Payable

(1.0m)(41.0m)189.0m81.0m133.0m334.0m(102.0m)(158.0m)(164.0m)(234.0m)(456.0m)(478.0m)101.0m
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USDQ1, 2017

Debt/Equity

0.6 x

Debt/Assets

0.3 x

Financial Leverage

1.9 x
Show all financial metrics

Marathon Oil Operating Metrics

Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019

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

$48.46$45.81$46.65$49.35$62.22$66.03$68.51$63.11$54.05$59.18$55.09$55.8

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

$16.65$20.85$12.46

Natural Gas Liquids Proved Developed Reserves, mmbbl

143141141

Natural Gas Liquids Proved Reserves, mmbbl

254246225
Show all operating metrics

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

Embed Graph

Marathon Oil revenue breakdown by business segment: 90.9% from United States E&P and 9.1% from International E&P

Marathon Oil Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

Learn more about our premium products
CSRHub logo

Marathon Oil Online and Social Media Presence

Marathon Oil's Trends

Embed Graph

 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, Greg Boyce and Mitch Little.

  • How many employees does Marathon Oil have?

    Marathon Oil has 2,000 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 $1.5 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 2 offices.