Marathon Oil Corporation operates as an energy company in the United States, Equatorial Guinea, the United Kingdom, and Libya. It operates in two segments, United States E&P and International E&P. 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. As of December 31, 2017, it had estimated proved developed reserves totaling 903 million barrels of oil equivalent (mmboe); and estimated proved undeveloped reserves totaling 546 mmboe. The company was formerly known as USX Corporation and changed its name to Marathon Oil Corporation in July 2001. Marathon Oil Corporation was founded in 1887 and is headquartered in Houston, Texas.
Industry, Sector and Symbol
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
Phone713-629-6600
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$6.58 billion
Profitability
Miscellaneous
Employees2,300
Next Earnings Date5/1/2019 (Estimated)
OptionableOptionable
Marathon Oil (NYSE:MRO) Frequently Asked Questions
What is Marathon Oil's stock symbol?
Marathon Oil trades on the New York Stock Exchange (NYSE) under the ticker symbol "MRO."
How often does Marathon Oil pay dividends? What is the dividend yield for Marathon Oil?
Marathon Oil announced a quarterly dividend on Wednesday, January 30th. Shareholders of record on Wednesday, February 20th will be paid a dividend of $0.05 per share on Monday, March 11th. This represents a $0.20 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date of this dividend is Tuesday, February 19th. View Marathon Oil's Dividend History.
How were Marathon Oil's earnings last quarter?
Marathon Oil Co. (NYSE:MRO) issued its earnings results on Wednesday, February, 13th. The oil and gas producer reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.02. The oil and gas producer earned $1.77 billion during the quarter, compared to analyst estimates of $1.42 billion. Marathon Oil had a return on equity of 4.98% and a net margin of 16.65%. The firm's revenue for the quarter was up 27.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.07 earnings per share. View Marathon Oil's Earnings History.
When is Marathon Oil's next earnings date?
What price target have analysts set for MRO?
19 analysts have issued 12-month target prices for Marathon Oil's stock. Their forecasts range from $16.00 to $35.00. On average, they anticipate Marathon Oil's stock price to reach $23.9077 in the next twelve months. This suggests a possible upside of 43.3% from the stock's current price. View Analyst Price Targets for Marathon Oil.
What is the consensus analysts' recommendation for Marathon Oil?
19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marathon Oil in the last year. There are currently 6 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Marathon Oil.
Has Marathon Oil been receiving favorable news coverage?
Media stories about MRO stock have trended positive this week, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Marathon Oil earned a daily sentiment score of 2.3 on InfoTrie's scale. They also gave news headlines about the oil and gas producer a news buzz of 8.0 out of 10, indicating that recent press coverage is very likely to have an effect on the company's share price in the next several days.
Who are some of Marathon Oil's key competitors?
Some companies that are related to Marathon Oil include Occidental Petroleum (OXY), Ecopetrol (EC), The Hong Kong and China Gas (HOKCY), Canadian Natural Resources (CNQ), WOODSIDE PET LT/ADR (WOPEY), Pioneer Natural Resources (PXD), Concho Resources (CXO), Anadarko Petroleum (APC), Sasol (SSL), Continental Resources (CLR), Rwe Ag Sp (RWEOY), Devon Energy (DVN), Apache (APA), GALP ENERGIA SG/ADR (GLPEY) and TORAY INDUSTRIE/ADR (TRYIY).
What other stocks do shareholders of Marathon Oil own?
Who are Marathon Oil's key executives?
Marathon Oil's management team includes the folowing people:
- Mr. Lee M. Tillman, Pres, CEO & Director (Age 57)
- Mr. Dane E. Whitehead, Exec. VP & CFO (Age 58)
- Mr. T. Mitchell Little, Exec. VP of Operations (Age 55)
- Mr. Reginald D. Hedgebeth, Sr. VP, Gen. Counsel & Sec. (Age 51)
- Mr. Patrick J. Wagner, Exec. VP of Corp. Devel. & Strategy (Age 54)
Who are Marathon Oil's major shareholders?
Marathon Oil's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.22%), Macquarie Group Ltd. (5.02%), Geode Capital Management LLC (1.47%), Dimensional Fund Advisors LP (1.43%), Millennium Management LLC (1.42%) and Northern Trust Corp (1.41%). Company insiders that own Marathon Oil stock include Lee M Tillman and Thomas Mitchell Little. View Institutional Ownership Trends for Marathon Oil.
Which major investors are selling Marathon Oil stock?
MRO stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, CI Investments Inc., Millennium Management LLC, Bank of New York Mellon Corp, Nuveen Asset Management LLC, BlackRock Inc., Hancock Whitney Corp and Dalton Greiner Hartman Maher & Co.. Company insiders that have sold Marathon Oil company stock in the last year include Lee M Tillman and Thomas Mitchell Little. View Insider Buying and Selling for Marathon Oil.
Which major investors are buying Marathon Oil stock?
MRO stock was bought by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., Dimensional Fund Advisors LP, Oregon Public Employees Retirement Fund, Geode Capital Management LLC, AMF Pensionsforsakring AB, Standard Life Aberdeen plc, Weiss Multi Strategy Advisers LLC and Legal & General Group Plc. View Insider Buying and Selling for Marathon Oil.
How do I buy shares of Marathon Oil?
Shares of MRO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Marathon Oil's stock price today?
One share of MRO stock can currently be purchased for approximately $16.68.
How big of a company is Marathon Oil?
Marathon Oil has a market capitalization of $13.87 billion and generates $6.58 billion in revenue each year. The oil and gas producer earns $1.10 billion in net income (profit) each year or $0.71 on an earnings per share basis. Marathon Oil employs 2,300 workers across the globe.
What is Marathon Oil's official website?
How can I contact Marathon Oil?
Marathon Oil's mailing address is 5555 SAN FELIPE STREET, HOUSTON TX, 77056. The oil and gas producer can be reached via phone at 713-629-6600 or via email at [email protected]
MarketBeat Community Rating for Marathon Oil (NYSE MRO)
MarketBeat's community ratings are surveys of what our community members think about Marathon Oil and other stocks. Vote "Outperform" if you believe MRO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MRO will underperform the S&P 500 over the long term. You may vote once every thirty days.
