- Oil & Gas Exploration & Production
- Energy
-
2.49
EPS
-
10.95
P/E
-
15.3B
MARKET CAP
-
1.58%
DIV YIELD
Company Overview
P O BOX 3128,HOUSTON TX 77253-3128,7136296600
CEO
Mr. Lee M. Tillman
Employess
1681
Sector
Energy
Industry
Oil & Gas Exploration & Production
Website
https://www.marathonoil.com
Marathon Oil Corporation operates as an independent exploration and production company in the United States and internationally. The company engages in the exploration, production, and marketing of crude oil and condensate, natural gas liquids, and natural gas; and the production and marketing of products manufactured from natural gas, such as liquefied natural gas and methanol. It also owns and operates 32 central gathering and treating facilities; and the Sugarloaf gathering system, a 42-mile natural gas pipeline through Karnes and Atascosa Counties. The company was formerly known as USX Corporation and changed its name to Marathon Oil Corporation in December 2001. Marathon Oil Corporation was founded in 1887 and is headquartered in Houston, Texas.
Next Earnings Date
Nov. 6, 2024
Ex Dividends date
Sep. 10, 2024
Dividend Date
Aug. 21, 2024
YTD Performance
11.67%
Fiscal Year End
12-31
IPO Date
1962-01-02
Growth Rates
(avg. rate of change) | 10 years | 5 years | 3 years | 1 year |
---|---|---|---|---|
Sales/Revenue | -7.84% | 1.66% | 27.42% | -15.03% |
EPS | 0.28% | 14.51% | 50.35% | -51.42% |
Equity | -5.31% | -1.57% | 1.99% | -1.68% |
Cash | -5.19% | -36.16% | -40.67% | -53.59% |
Return On Capital (ROIC) | -0.21% | 0.38% | 7.24% | 10.99% |
Debt
year (millions) | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|
Short Term Debt | 2,050 | 402 | 36 | 70 | 101 |
Long Term Debt | 3,380 | 5,520 | 3,980 | 5,400 | 5,500 |
LT Finance Leases | 132 | 50 | 47 | 67 | 107 |
Shares Outstanding | 607 | 685 | 787 | 792 | 810 |
Market Cap | 14,700 | 18,500 | 12,900 | 5,280 | 11,000 |
Price
News
Marathon Oil (MRO) Q2 Earnings Lag Estimates
1 monthMarathon Oil (MRO) came out with quarterly earnings of $0.63 per share, missing the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.48 per share a year ago.
zacks.comMarathon Oil misses profit estimates on weak natural gas prices
1 monthU.S. oil and gas firm Marathon Oil missed Wall Street estimates for second-quarter profit on Wednesday, hurt by a fall in natural gas prices.
reuters.comMarathon Oil Reports Second Quarter 2024 Results
1 monthHOUSTON , Aug. 7, 2024 /PRNewswire/ -- - Marathon Oil Corporation (NYSE: MRO) reported second quarter 2024 net income of $349 million or $0.62 per diluted share, which includes the impact of certain items not typically represented in analysts' earnings estimates and that would otherwise affect comparability of results. Adjusted net income was $357 million or $0.63 per diluted share.
prnewswire.comInvestors Await Initial Jobless Claims Report
1 monthU.S. stock futures are trying to hold on to yesterday's rebound after three straight sessions of bloodbath. Currently, the S&P 500 is up +56 points, the Nasdaq is +233 points, and the Dow is +313 points.
zacks.comThese 2 Oils and Energy Stocks Could Beat Earnings: Why They Should Be on Your Radar
1 monthThe Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
zacks.com3 Stocks to Watch From the Solid Integrated US Energy Industry
2 monthsIntegrated players' midstream operations remain robust due to steady fee-based revenues derived from pipeline assets, improving the prospects for the Zacks Oil & Gas US Integrated industry. ConocoPhillips (COP), Occidental (OXY) and Marathon Oil (MRO) are likely to gain.
zacks.comMarathon Oil Corporation Declares Second Quarter 2024 Dividend
2 monthsHOUSTON , July 31, 2024 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today that the Company's board of directors has declared a dividend of 11 cents per share on Marathon Oil Corporation common stock. The dividend is payable on Sept.
prnewswire.comMarathon Oil (MRO) Earnings Expected to Grow: Should You Buy?
2 monthsMarathon Oil (MRO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.comMarathon Oil (MRO) Stock Declines While Market Improves: Some Information for Investors
2 monthsMarathon Oil (MRO) closed at $27.45 in the latest trading session, marking a -1.51% move from the prior day.
zacks.comGE Aerospace Investing $1 Billion to Expand and Upgrade MRO Facilities Worldwide
2 monthsEVENDALE, Ohio--(BUSINESS WIRE)--GE Aerospace (NYSE:GE) announced plans to invest more than $1 billion over five years in its Maintenance, Repair and Overhaul (MRO) and component repair facilities worldwide. These investments will help GE Aerospace create capacity to meet growth in both the widebody and narrowbody installed base by adding additional engine test cells and equipment. The funding also will add cutting-edge technology, including enhanced inspection techniques, to reduce turnaround.
businesswire.comMarathon Oil Schedules Second Quarter 2024 Earnings Release
2 monthsHOUSTON , July 17, 2024 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today it plans to issue its second quarter 2024 earnings release on Wednesday, Aug. 7, after the close of U.S. financial markets. Due to the pending merger with ConocoPhillips, Marathon Oil will not conduct a second quarter earnings conference call or webcast.
prnewswire.comMarathon (MRO) to Pay $241M for Environmental Violations
2 monthsMarathon (MRO) reaches a $241.5 million settlement with EPA and DOJ to address air quality violations in North Dakota, implementing stricter emission controls and reducing pollution.
zacks.com