Marathon Oil (MRO)
(Delayed Data from NYSE)
$27.93 USD
+0.04 (0.14%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $27.91 -0.02 (-0.07%) 7:58 PM ET
5-Strong Sell of 5 5
C Value B Growth F Momentum C VGM
Company Summary
Incorporated in 2001, Houston, Texas-based Marathon Oil Corporation is a leading oil and natural gas exploration and production (‘E&P’) company with operations in the United States and Africa. As of the end of 2023, Marathon Oil had approximately 1,320 million oil-equivalent barrels in net proved reserves (73% crude oil/condensate and 62% proved developed), and 93% were located in the United States. In 2023, the company’s overall production from continuing operations was 405,000 net barrels of oil equivalent per day. Approximately 88% of Marathon Oil’s 2023 volumes came from the U.S.
In ...
Company Summary
Incorporated in 2001, Houston, Texas-based Marathon Oil Corporation is a leading oil and natural gas exploration and production (‘E&P’) company with operations in the United States and Africa. As of the end of 2023, Marathon Oil had approximately 1,320 million oil-equivalent barrels in net proved reserves (73% crude oil/condensate and 62% proved developed), and 93% were located in the United States. In 2023, the company’s overall production from continuing operations was 405,000 net barrels of oil equivalent per day. Approximately 88% of Marathon Oil’s 2023 volumes came from the U.S.
In July 2011, Marathon completed the spin-off of its refining/sales business into a separate, independent and publicly traded company Marathon Petroleum. Consequently, Marathon Oil became an independent E&P company. The company’s business is organized into two segments – United States Exploration and Production, and International Exploration and Production.
United States E&P: Marathon Oil’s E&P activities in the United States deal with the exploration, production and marketing of liquid hydrocarbons and natural gas in several prolific resource plays, including Bakken, Eagle Ford, Oklahoma and Northern Delaware. This segment reported a profit of $1.8 billion in 2023.
International E&P: Apart from engaging in upstream activities outside of North America, the ‘International E&P’ division explores and produces oil and gas in Equatorial Guinea. This segment reported an income of $232 million in 2023.
On May 29, ConocoPhillips announced a definitive agreement to acquire Marathon Oil in an all-stock transaction valued at $22.5 billion. Completion of the transaction is expected by the fourth quarter of 2024. The following report, however, discusses Marathon Oil on a stand-alone basis.
General Information
Marathon Oil Corporation
990 TOWN AND COUNTRY BOULEVARD
HOUSTON, TX 77024
Phone: 713-629-6600
Fax: 713-296-2952
Web: http://www.marathonoil.com
Email: investorrelations@marathonoil.com
Industry | Oil and Gas - Integrated - United States |
Sector | Oils-Energy |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 11/6/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.71 |
Current Year EPS Consensus Estimate | 2.58 |
Estimated Long-Term EPS Growth Rate | NA |
Exp Earnings Date | 11/6/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 27.89 |
52 Week High | 30.06 |
52 Week Low | 21.81 |
Beta | 2.16 |
20 Day Moving Average | 5,427,108.50 |
Target Price Consensus | 32.53 |
4 Week | 0.94 |
12 Week | -2.27 |
YTD | 15.60 |
4 Week | -1.40 |
12 Week | -6.04 |
YTD | -3.63 |
Shares Outstanding (millions) | 559.38 |
Market Capitalization (millions) | 15,623.57 |
Short Ratio | NA |
Last Split Date | 6/19/2007 |
Dividend Yield | 1.58% |
Annual Dividend | $0.44 |
Payout Ratio | 0.17 |
Change in Payout Ratio | -0.35 |
Last Dividend Payout / Amount | 8/21/2024 / $0.11 |
Fundamental Ratios
P/E (F1) | 10.83 |
Trailing 12 Months | 10.58 |
PEG Ratio | NA |
vs. Previous Year | 31.25% |
vs. Previous Quarter | 14.55% |
vs. Previous Year | 12.82% |
vs. Previous Quarter | 10.06% |
Price/Book | 1.39 |
Price/Cash Flow | 4.30 |
Price / Sales | 2.31 |
6/30/24 | 13.81 |
3/31/24 | 13.24 |
12/31/23 | 14.09 |
6/30/24 | 7.84 |
3/31/24 | 7.51 |
12/31/23 | 7.99 |
6/30/24 | 0.57 |
3/31/24 | 0.55 |
12/31/23 | 0.40 |
6/30/24 | 0.52 |
3/31/24 | 0.48 |
12/31/23 | 0.35 |
6/30/24 | 22.86 |
3/31/24 | 22.59 |
12/31/23 | 23.70 |
6/30/24 | 22.12 |
3/31/24 | 21.83 |
12/31/23 | 23.20 |
6/30/24 | 27.31 |
3/31/24 | 26.90 |
12/31/23 | 29.83 |
6/30/24 | 20.03 |
3/31/24 | 19.50 |
12/31/23 | 19.15 |
6/30/24 | 4.86 |
3/31/24 | 5.03 |
12/31/23 | 5.24 |
6/30/24 | 0.41 |
3/31/24 | 0.41 |
12/31/23 | 0.30 |
6/30/24 | 28.98 |
3/31/24 | 29.12 |
12/31/23 | 23.16 |