Marathon Oil (MRO) stock price, revenue, and financials

Marathon Oil market cap is $12.9 b, and annual revenue was $3.09 b in FY 2020

$12.9 B

MRO Mkt cap, 18-Oct-2021

$1.1 B

Marathon Oil Revenue Q1, 2021
Marathon Oil Gross profit (Q1, 2021)950 M
Marathon Oil Gross profit margin (Q1, 2021), %88.7%
Marathon Oil Net income (Q1, 2021)97 M
Marathon Oil EBIT (Q1, 2021)117 M
Marathon Oil Cash, 31-Mar-20211.1 B
Marathon Oil EV17.3 B
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Marathon Oil Revenue

Marathon Oil revenue was $3.09 b in FY, 2020 which is a 40.5% year over year decrease from the previous period.

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Marathon Oil Revenue Breakdown

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

Marathon Oil Income Statement

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

Gross profit Margin, %

87%86%82%

R&D expense

289.0m149.0m181.0m

General and administrative expense

394.0m356.0m274.0m

Operating expense total

4.1b3.8b3.7b

Depreciation and amortization

2.4b2.4b2.3b

EBIT

1.7b636.0m(1.2b)

EBIT margin, %

25%12%(38%)

Interest expense

226.0m244.0m256.0m

Pre tax profit

1.4b392.0m(1.5b)

Income tax expense

331.0m(88.0m)(14.0m)

Net Income

1.1b480.0m(1.5b)

EPS

1.30.6(1.8)

Marathon Oil Balance Sheet

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

PP&E

16.8b17.0b15.6b

Goodwill

97.0m95.0m

Total Assets

21.3b20.2b18.0b

Accounts Payable

1.3b1.3b837.0m

Short-term debt

101.0m70.0m

Current Liabilities

1.8b1.7b1.2b

Long-term debt

5.5b5.5b5.4b

Total Debt

5.5b5.6b5.5b

Total Liabilities

9.2b8.1b7.4b

Common Stock

937.0m937.0m937.0m

Additional Paid-in Capital

7.2b7.2b7.2b

Retained Earnings

7.7b8.0b6.5b

Total Equity

12.1b12.2b10.6b

Debt to Equity Ratio

0.5 x0.5 x0.5 x

Debt to Assets Ratio

0.3 x0.3 x0.3 x

Financial Leverage

1.8 x1.7 x1.7 x

Marathon Oil Cash Flow

Annual

USDFY, 2018FY, 2019FY, 2020

Net Income

1.1b480.0m(1.5b)

Depreciation and Amortization

2.4b2.4b2.3b

Accounts Receivable

(133.0m)52.0m367.0m

Inventories

(1.0m)3.0m(4.0m)

Accounts Payable

179.0m(187.0m)(381.0m)

Cash From Operating Activities

3.2b2.7b1.5b

Purchases of PP&E

(2.8b)(2.5b)(1.3b)

Cash From Investing Activities

(1.5b)(2.8b)(1.3b)

Long-term Borrowings

(600.0m)(500.0m)

Dividends Paid

(169.0m)(162.0m)(64.0m)

Cash From Financing Activities

(859.0m)(535.0m)(286.0m)

Net Change in Cash

899.0m(604.0m)(116.0m)

Marathon Oil Ratios

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

Marathon Oil Operating Metrics

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

Average Production Costs per Unit

$8.68$8.03$7.15

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

$64.25$53.93$58.21$46.04$53.09$36.88$13.79$30.28$28.36$44.13

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 Average Sales Price per Unit, $/bbl

$63.32$55.54$35.39

Crude Oil and Condensate Net Sales Volumes, mbbld

210210190

Crude Oil and Condensate Proved Developed Reserves, mmbbl

345334324

Crude Oil and Condensate Proved Reserves, mmbbl

656652509

Crude Oil and Condensate Proved Undeveloped Reserves, mmbbl

311318185

Dry Exploratory Wells

32

Gross Developed Acreage

1.52 m1.47 m1.46 m

Gross Drilling Wells

433016

Gross Natural Gas Productive Wells

1.73 k1.57 k1.61 k

Gross Oil Productive Wells

4.69 k4.98 k5.23 k

Gross Service Wells

233204198

Gross Undeveloped Acreage

609 k391 k306 k

Natural Gas Average Price Realizations per Unit (International), $/bbl

$0.54$0.48$0.35$0.24$0.33$0.24$0.24$0.24$0.24$0.24

Natural Gas Average Price Realizations per Unit (United States), $/bbl

$2.65$2.93$1.89$1.92$2.18$1.6$1.44$1.78$1.77$6.31

Natural Gas Average Sales Price per Unit, $/mcf

$1.58$1.33$1.1

Natural Gas Development Wells

252815

Natural Gas Exploratory Wells

362614

Natural Gas Liquids Average Price Realizations per Unit (International), $/bbl

$2.27$1.96$1.67$1$1.4$1$1$1$1$1

Natural Gas Liquids Average Price Realizations per Unit (United States), $/bbl

$24.54$15.66$14.6$11.37$14.22$9.97$7.09$11.8$11.28$23.94

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

$20.85$12.46$9.97

Natural Gas Liquids Net Sales Volumes, mbbld

666968

Natural Gas Liquids Proved Developed Reserves, mmbbl

141141124

Natural Gas Liquids Proved Reserves, mmbbl

246225171

Natural Gas Liquids Proved Undeveloped Reserves, mmbbl

1058447

Natural Gas Net Sales Volumes, mmcfd

864809753

Natural Gas Proved Developed Reserves,bcf

1.59 k1.47 k1.35 k

Natural Gas Proved Reserves, bcf

2.28 k1.97 k1.75 k

Natural Gas Proved Undeveloped Reserves, bcf

684494395

Net Developed Acreage

1.1 m1.06 m1.06 m

Net Drilling Wells

18156

Net Natural Gas Productive Wells

671627660

Net Oil Productive Wells

2.08 k2.2 k2.3 k

Net Service Wells

292021

Net Undeveloped Acreage

404 k306 k247 k

Oil Development Wells

171197103

Oil Exploratory Wells

665730

Proved Developed Reserves, mmboe

752721674

Proved Reserves, mmboe

1.28 k1.21 k972

Proved Undeveloped Reserves, mmboe

529484298

Total Development Wells

196225118

Total Exploratory Wells

1058544

Total Gross Acreage

2.13 m1.86 m1.77 m

Total Net Acreage

1.5 m1.37 m1.31 m

Total Sales Volumes, mboed

420385437427414419392368383341

Marathon Oil Human Capital

FY, 2019FY, 2018FY, 2017
Female (Managers), percent8.7%7.5%7%
Male (Professionals), percent22.5%23.1%23.7%
Male, percent23.4%24%24.6%
Female, percent9.9%9.4%8.7%
Female (Professionals), percent10.8%10.2%9.6%
Male (Managers), percent24.6%25.9%26.3%

Marathon Oil Employee Rating

3.5395 votes
Culture & Values
3
Work/Life Balance
3.3
Senior Management
2.9
Salary & Benefits
3.9
Career Opportunities
3.2
Source