FKnol.com

Financial Knowledge & Information Portal

Marathon Oil (MRO) Company Profile

Updated Sep 15, 2020
Marathon Oil has the following business profile:
Company's Full Name:Marathon Oil Corp.
Short Name:Marathon Oil
Trading Ticker Symbol:MRO
Primary Exchange:NYSE
Headquarter City/Country:Houston, Texas
Primary Industry Sector:Energy
Seconday Sub-sector:Oil and Gas Production
Main Business Areas/Categories: Energy, Oil and Gas Production, Oil & Gas E&P, Natural Resources, High Beta, S&P 500, Oil, , Wilshire 5000
Dividend Payments:Dividend History
Technical Analysis:Recent Candlestick Patterns
ETFs Holding:List of ETFs holding Marathon Oil stock

Market and Trading Information for Marathon Oil

The following details were available for trading and market data about the stock of Marathon Oil as of writing:
Current Share Price:$4.34
Previous Year's Closing Price:$13.58
Percentage Price Change (YTD):-68.04%
Market Cap:$3.43 billion
52-week Price Range:$3.02 - $14.07
Dividend Per Share:$0.15
EPS (TTM):-0.82
Price-Earnings (Trailing):0
Price-Earnings (Forward):-7.11

Company Profile and Business Description for Marathon Oil

Marathon Oil Corporation, incorporated on May 30, 2001, is an exploration and production (E&P) company. The Company operates through three segments: North America E&P, International E&P and Oil Sands Mining. The North America E&P segment explores for, produces and markets crude oil and condensate, natural gas liquids (NGLs) and natural gas in North America. The International E&P segment explores for, produces and markets crude oil and condensate, NGLs and natural gas outside of North America, and produces and markets products manufactured from natural gas, such as liquefied natural gas (LNG) and methanol, in Equatorial Guinea (E.G.). The Oil Sands Mining segment mines, extracts and transports bitumen from oil sands deposits in Alberta, Canada, and upgrades the bitumen to produce and market synthetic crude oil and vacuum gas oil.

North America E&P Segment

The North America E&P segment is engaged in oil and gas exploration, development and production activities in the United States. As of December 31, 2016, the Company's primary focus in the North America E&P segment is concentrated within its three unconventional resource plays. Its unconventional resource plays include Oklahoma Resource Basins, Eagle Ford and Bakken. In the South Central Oklahoma Oil Province (SCOOP) and Sooner Trend, Anadarko (basin), Canadian (and) Kingfisher (counties) (STACK) areas, the Company holds net acres with rights to the Woodford, Springer, Meramec, Osage, Oswego, Granite Wash and other Pennsylvanian and Mississippian plays. As of December 31, 2016, the Company holds approximately 145,000 net acres in south Texas. As of December 31, 2016, the Company operated more than 1,365 gross (962 net) producing wells, 32 central gathering and treating facilities and approximately 865 miles of gathering pipeline in the Eagle Ford. It also owns and operates the Sugarloaf gathering system, a 42-mile natural gas pipeline in Karnes, Atascosa and Bee Counties of south Texas. As of December 31, 2016, the Company holds approximately 270,000 net acres in North Dakota and eastern Montana. The Company's remaining properties in North America primarily consist of a number of outside-operated assets in the Gulf of Mexico. Its Gunflint field is located on Mississippi Canyon Blocks 948, 949, 992 (N/2) and 993 (N/2).

International E&P Segment

The International E&P segment is engaged in a range of activities, including oil and gas exploration, development and production across its international locations in E.G., Gabon, the Kurdistan Region of Iraq, Libya and the United Kingdom. The Company owns interest in Alba Plant LLC, an equity method investee, which operates an onshore Liquefied petroleum gas (LPG) processing plant located on Bioko Island. The LPG plant extracts secondary condensate and LPG from the natural gas stream and uses some of the remaining dry natural gas in its operations. The Company also owns interest in Equatorial Guinea LNG Holdings Limited (EGHoldings) and Atlantic Methanol Production Company LLC (AMPCO). EGHoldings operates a 3.7 million metric tons per annum (mmta) LNG production facility and AMPCO operates a methanol plant, both located on Bioko Island. The Company holds non-operated working interest in the Waha concessions.

The Company's operated asset in the United Kingdom sector of the North Sea is the Brae area complex. It holds working interest in the South, Central, North and West Brae fields; East Brae field, and Braemar field. The Company also owns non-operated working interests in the Foinaven area complex, consisting of working interest in the main Foinaven field, a working interest in East Foinaven and a working interest in the T35 and T25 fields. It holds operated working interest in the Deep Luba discovery on the Alba Block and an operated working interest in the Corona well on Block D. It holds a non-operated working interest in the Diaba License G4-223 and its related permit offshore Gabon, and a participating interest and operatorship in the Tchicuate block.

Oil Sands Mining Segment

The Company owns non-operated interest in the Athabasca Oil Sands Project (AOSP), an oil sands mining and upgrading joint venture located in Alberta, Canada. The AOSP's mining and extraction assets are located near Fort McMurray, Alberta, and include the Muskeg River and the Jackpine mines. Gross design capacity of the combined mines is 255,000 (51,000 net) barrels of bitumen per day, as of December 31, 2016. As of December 31, 2016, the Company owned or had rights to participate in developed and undeveloped surface mineable leases totaling approximately 155,000 gross (31,000 net) acres.

P O Box 3128

ETFs Holding Marathon Oil Stock

As of March 2020, the following exchange-traded funds (ETF) hold the Marathon Oil stocks in their respective portfolios. Below is a random list of only 10 ETFs in no particular order that have Marathon Oil stock holding. There are a total of 139 ETFs in Fknol.com records which are holding Marathon Oil stock in their portfolio. See Full List.

TickerNameShort DescriptionExpense
Ratio
No. of
Holdings
Dividend
Frequency
ACIMSPDR MSCI ACWI IMI ETFThe SPDR MSCI ACWI IMI ETF tracks a market-cap-weighted index of global stocks covering 98% of the capitalization of the developed and emerging markets. ...Full Details0.25%906
Full List
Semi-Annually
ACWIiShares MSCI ACWI ETFThe iShares MSCI ACWI ETF tracks a market-cap-weighted index of large- and midcap global stocks, covering 85% of the developed and emerging markets capitalization. ...Full Details ...Candlestick Patterns.0.32%1596
Full List
Semi-Annually
CATHGlobal X S&P 500 Catholic Values ETFThe Global X S&P 500 Catholic Values ETF tracks an index of US large-cap stocks selected from the S&P 500. The cap-weighted index omits companies from certain industries at odds with Catholic values. ...Full Details0.29%464
Full List
Annually
DIVBiShares US Dividend and Buyback ETFThe iShares US Dividend and Buyback ETF tracks an index of large-, mid-, and small-cap US stocks that have a history of dividend payments and/or share buybacks. ...Full Details0.25%354
Full List
Annually
DSIiShares MSCI KLD 400 Social ETFThe iShares MSCI KLD 400 Social ETF tracks a market-cap-weighted index of 400 companies deemed to have positive environmental, social and governance characteristics by MSCI. ...Full Details0.25%402
Full List
Quarterly
DTDWisdomTree US Total Dividend ETFThe WisdomTree U.S. Total Dividend Fund tracks an index of U.S. companies selected and weighted based on the dollar amount of dividends paid. ...Full Details0.28%864
Full List
Monthly
EPSWisdomTree US Earnings 500 ETFThe WisdomTree U.S. Earnings 500 Fund tracks an earnings-weighted index of the 500 largest US companies that have generated positive earnings in the past calendar year. ...Full Details0.28%493
Full List
Quarterly
EQRRProShares Equities for Rising Rates ETFThe ProShares Equities for Rising Rates ETF tracks an index of 50 US-listed large-cap stocks that are anticipated to perform favorably during periods of rising interest rates. ...Full Details0.35%51
Full List
Quarterly
ESGUiShares MSCI USA ESG Optimized ETFThe iShares MSCI USA ESG Optimized ETF tracks an index composed of US companies that have been selected and weighted for positive environmental, social, and governance characteristics. ...Full Details0.15%296
Full List
Annually
EXTWisdomTree US Total Earnings ETFThe WisdomTree U.S. Total Earnings Fund tracks an index selected and weighted by earnings over the past four quarters. ...Full Details0.28%1233
Full List
Quarterly

See Full List of ETFs holding Marathon Oil stock in their respective portfolios.

Peer / Competitor Companies of Oil and Gas Production Sector

Along with Marathon Oil Corp., the following other peer (competitor) companies also exist within the same Oil and Gas Production - Energy sector whose company profile and dividend history is as follows:

▶ Apache (APA): Apache Corporation, incorporated on December 6, 1954, is an independent energy company. Both domestically and internationally, the Company explores for, develops, and produces natural gas, crude oil and natural gas ....See Detailed Company Profile,  Dividend History

▶ Cabot Oil and Gas (COG): Cabot Oil & Gas Corporation, an independent oil and gas company, explores for, exploits, develops, produces, and markets natural gas, oil, and natural gas liquids in the United States. It primarily fo....See Detailed Company Profile,  Dividend History

▶ Camber Energy (CEI): Camber Energy, Inc., an independent oil and natural gas company, engages in the acquisition, development, and sale of crude oil, natural gas, and natural gas liquids (NGL) in Texas and Oklahoma. The c....See Detailed Company Profile,  Dividend History

▶ Cenovus Energy (CVE): Cenovus Energy Inc., together with its subsidiaries, develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada and the United States. The company's Oil Sands segment develops and....See Detailed Company Profile,  Dividend History

▶ Chesapeake Utilities (CPK): Chesapeake Utilities Corporation (Chesapeake), incorporated on November 12, 1947, is an energy company. The Company, through its operating divisions and subsidiaries, is engaged in regulated and unregulated energy businesses. The ....See Detailed Company Profile,  Dividend History

▶ Cimarex Energy (XEC): Cimarex Energy Co., incorporated on February 14, 2002, is an independent oil and gas exploration and production company. The Company operates in exploration and production (E&P) segment. The Companys operations ....See Detailed Company Profile,  Dividend History

▶ Concho Resources (CXO): Concho Resources Inc., an independent oil and natural gas company, engages in the acquisition, development, and exploration of oil and natural gas properties in the United States. The company's princi....See Detailed Company Profile,  Dividend History

▶ Continental Resources (CLR): Continental Resources, Inc. explores for, develops, and produces crude oil and natural gas properties primarily in the north, south, and east regions of the United States. The company sells its crude ....See Detailed Company Profile,  Dividend History

▶ Dawson Geophysical (DWSN): Dawson Geophysical Company, formerly TGC Industries, Inc., incorporated on March 28, 1980, is a provider of onshore seismic data acquisition and processing services with operations throughout the United States and ....See Detailed Company Profile,  Dividend History

▶ Devon Energy (DVN): Devon Energy Corporation, incorporated on May 18, 1999, is an independent energy company. The Company controls EnLink Midstream Partners, L.P. (EnLink). The Companys segments include U.S., Canada and EnLink. The ....See Detailed Company Profile,  Dividend History

▶ Diamond Offshore Drilling (DO): Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry worldwide. The company operates a fleet of 17 offshore drilling rigs, including 4 drillships and 13 semisubme....See Detailed Company Profile,  Dividend History

▶ ECA Marcellus Trust I (ECT): ECA Marcellus Trust I owns royalty interests in producing and development horizontal natural gas wells for Energy Corporation of America (ECA). The company owns royalty interests in 14 producing wells....See Detailed Company Profile,  Dividend History

▶ Ecopetrol (EC): Ecopetrol S.A. operates as an integrated oil and gas company. It operates through three segments: Exploration and Production; Refining, Petrochemical, and Biofuels; and Transport and Logistics. The co....See Detailed Company Profile,  Dividend History

▶ ENI SpA (E): Eni S.p.A. engages in the oil and gas, electricity generation and sale, and petrochemicals businesses. The company is involved in the oil and natural gas exploration, and field development and product....See Detailed Company Profile,  Dividend History

▶ EOG Resources (EOG): EOG Resources, Inc., together with its subsidiaries, explores for, develops, produces, and markets crude oil and natural gas. The company's principal producing areas are located in New Mexico, North D....See Detailed Company Profile,  Dividend History

▶ EQT Corp. (EQT): EQT Corporation operates as a natural gas production company in the United States. It produces natural gas, natural gas liquids (NGLs), and crude oil. As of December 31, 2018, this segment had 21.8 tr....See Detailed Company Profile,  Dividend History

▶ Helmerich and Payne (HP): Helmerich & Payne, Inc. primarily engages in drilling oil and gas wells for exploration and production companies. The company operates through U.S. Land, Offshore, and International Land segments. The....See Detailed Company Profile,  Dividend History

▶ Independence Contract Drilling (ICD): Independence Contract Drilling, Inc., incorporated on November 4, 2011, provides land-based contract drilling services for oil and natural gas producers targeting unconventional resource plays in the United States. The Company ....See Detailed Company Profile,  Dividend History

▶ Ion Geophysical (IO): ION Geophysical Corporation, incorporated on August 13, 2007, is a technology-focused company. The Company provides geophysical technology, services and solutions to the global oil and gas industry. The Companys offerings ....See Detailed Company Profile,  Dividend History

▶ Marine Petroleum Trust (MARPS): Marine Petroleum Trust, together with its subsidiary, Marine Petroleum Corporation, operates as a royalty trust in the United States. As of September 1, 2018, it had overriding royalty interests in 59....See Detailed Company Profile,  Dividend History

... See Full List of All Stocks of Oil and Gas Production Sector.

Stock List of Other Energy Sub-sectors

▶ Stocks of Coal Mining Sector

▶ Stocks of Consumer Electronics and Appliances Sector

▶ Stocks of Drilling Sector

▶ Stocks of Electric Utilities Sector

▶ Stocks of Exploration & Production Sector

▶ Stocks of Industrial Machinery and Components Sector

▶ Stocks of Integrated Oil Companies Sector

▶ Stocks of Metal Fabrications Sector

▶ Stocks of Natural Gas Distribution Sector

▶ Stocks of Oil & Gas Drilling Sector

▶ Stocks of Oil & Gas E&P Sector

▶ Stocks of Oil & Gas Equipment & Services Sector

▶ Stocks of Oil & Gas Integrated Sector

▶ Stocks of Oil & Gas Midstream Sector

▶ Stocks of Oil and Gas Sector

▶ Stocks of Oil and Gas Production Sector

▶ Stocks of Oil Refining and Marketing Sector

▶ Stocks of Oilfield Services and Equipment Sector


Stock List of Other Top-level Sectors

▶ Stocks of Basic Industries Sector

▶ Stocks of Basic Materials Sector

▶ Stocks of Capital Goods Sector

▶ Stocks of Communication Services Sector

▶ Stocks of Consumer Cyclical Sector

▶ Stocks of Consumer Defensive Sector

▶ Stocks of Consumer Discretionary Sector

▶ Stocks of Consumer Durables Sector

▶ Stocks of Consumer Non-Durables Sector

▶ Stocks of Consumer Services Sector

▶ Stocks of Energy Sector

▶ Stocks of Finance Sector

▶ Stocks of Financial Services Sector

▶ Stocks of Health Care Sector

▶ Stocks of Healthcare Sector

▶ Stocks of Industrials Sector

▶ Stocks of Miscellaneous Sector

▶ Stocks of Public Utilities Sector

▶ Stocks of Real Estate Sector

▶ Stocks of Services Sector

▶ Stocks of Technology Sector

▶ Stocks of Transportation Sector

▶ Stocks of Utilities Sector