Marathon Oil

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 Ratings3.3
Overall CultureB

Latest Updates

Employees (est.) (Dec 2020)1,672(-16%)
Job Openings32
Revenue (FY, 2021)$5.6 B(+81%)
Share Price (Aug 2022)$24(-3%)
Cybersecurity ratingDMore
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Key People/Management at Marathon Oil

Lee Tillman

Lee Tillman

Chairman, President and Chief Executive Officer
Dane Whitehead

Dane Whitehead

EVP and CFO
Bruce McCullough

Bruce McCullough

CIO, Senior Vice President, Technology and Innovation
Kim Warnica

Kim Warnica

Executive Vice President, General Counsel and Secretary
Lisa Hyland

Lisa Hyland

Director
Mike Henderson

Mike Henderson

Executive 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
Show all (4)

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 $5.6 b in FY, 2021
USD

Revenue (Q1, 2022)

1.8b

Gross profit (Q1, 2022)

1.4b

Gross profit margin (Q1, 2022), %

80.4%

Net income (Q1, 2022)

1.3b

EBIT (Q1, 2022)

805.0m

Market capitalization (1-Aug-2022)

18.7b

Closing stock price (1-Aug-2022)

24.0

Cash (31-Mar-2022)

681.0m

EV

22.0b
Marathon Oil's current market capitalization is $18.7 b.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

5.1b3.1b5.6b

Cost of goods sold

1.3b1.2b1.3b

Gross profit

3.9b1.9b4.2b

Gross profit Margin, %

76%62%75%
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

1.0b490.0m761.0m1.2b1.3b1.4b1.8b

Cost of goods sold

304.0m234.0m312.0m273.0m293.0m350.0m337.0m

Gross profit

926.0m38.0m442.0m798.0m850.0m1.1b1.4b

Gross profit Margin, %

90%8%58%68%68%77%80%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

858.0m742.0m580.0m

Accounts Receivable

1.1b747.0m1.1b

Inventories

72.0m76.0m77.0m

Current Assets

2.1b1.6b1.8b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

817.0m522.0m1.1b1.1b970.0m485.0m681.0m

Accounts Receivable

703.0m620.0m643.0m921.0m1.0b1.1b1.4b

Inventories

78.0m77.0m77.0m78.0m78.0m77.0m78.0m

Current Assets

1.9b1.4b1.9b2.2b2.1b1.7b2.2b
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

480.0m(1.5b)946.0m

Depreciation and Amortization

2.4b2.3b2.1b

Inventories

3.0m(4.0m)(1.0m)

Accounts Payable

(187.0m)(381.0m)369.0m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

(46.0m)(796.0m)(1.1b)97.0m113.0m297.0m1.3b

Depreciation and Amortization

644.0m1.2b1.8b496.0m1.0b1.6b423.0m

Inventories

(6.0m)(5.0m)(5.0m)(2.0m)(2.0m)(1.0m)(2.0m)

Accounts Payable

(234.0m)(456.0m)(478.0m)101.0m121.0m228.0m101.0m
USDFY, 2019

EV/EBIT

24.4 x

EV/CFO

5.6 x

Revenue/Employee

2.5m

Debt/Equity

0.5 x

Debt/Assets

0.3 x

Financial Leverage

1.7 x

P/E Ratio

23.0
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Marathon Oil Operating Metrics

FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021FY, 2021Q1, 2022

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

$55.8$44.23$21.65$37.78$35.93$55.38$64.73$69.4$66.88$94.43

Crude Oil and Condensate Proved Reserves, mmbbl

652509570

Crude Oil and Condensate Proved Undeveloped Reserves, mmbbl

318185212

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

$12.46$9.97$26.19

Marathon Oil Acquisitions / Subsidiaries

Company NameDateDeal Size
PayRock Energy Holdings, LLCAugust 01, 2016$904 m
Globex Energy, IncJune 20, 2002$155 m
Pennaco EnergyFebruary 09, 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: 74.4% from Crude oil and condensate, 11.7% from Natural gas, 11.7% from Natural gas liquids and 2.2% from Other

Marathon Oil revenue breakdown by geographic segment: 95.2% from United States and 4.8% from Other

Human Capital Metrics

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Marathon Oil Cybersecurity Score

Cybersecurity ratingPremium dataset

D

63/100

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

Marathon Oil Corporation Declares Second Quarter 2022 Dividend

HOUSTON, July 27, 2022 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today that the Company's board of directors has declared a dividend of 8 cents per share on Marathon Oil Corporation common stock. The dividend is payable on September 12, 2022, to stockholders of record...

Marathon Oil Schedules Second Quarter 2022 Earnings Release and Conference Call

HOUSTON, June 29, 2022 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today it plans to issue its second quarter 2022 earnings release on Wednesday, August 3, after the close of U.S. financial markets. The company will conduct a conference call, which will be webcast live,...

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).
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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 $5.6 b.

  • What is Marathon Oil revenue per employee?

    Latest Marathon Oil revenue per employee is $3.3 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.