Marathon Oil Corp - Company Profile
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Marathon Oil Corp (Marathon) is independent energy company, which explores, produces and markets liquid hydrocarbons and natural gas. It focuses mainly on unconventional resource plays in the US with operations in Africa and Europe. The company has properties in the major oil-rich resource plays in Eagle Ford, Permian, STACK and SCOOP and the Bakken in the US. Internationally, Marathon conducts upstream activities in Equatorial Guinea, Iraq, and the UK. The company owns interests in an onshore liquefied petroleum gas (LPG) processing plant, a liquefied natural gas production facility and a methanol plant in Equatorial Guinea. Marathon is headquartered in Houston, Texas, the US.
Marathon Oil Corp premium industry data and analytics
Products and Services
Products |
---|
Crude Oil |
Condensate |
Natural Gas |
XYZ |
XYZ |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Contracts/Agreements | In October, the company through its subsidiaries entered into a five-year firm LNG sales agreement with Glencore Energy UK for a portion of its equity natural gas produced from the Alba Field in Equatorial Guinea. |
2023 | Contracts/Agreements | In March, the company through its affiliated company, Marathon E.G. Holding Limited, signed heads of agreement with the Republic of Equatorial Guinea and Noble Energy E.G. Ltd to progress the next phases in the development of the Equatorial Guinea Regional Gas Mega Hub. |
2022 | Asset Purchase | In December, the company acquired the Eagle Ford assets of Ensign Natural Resources. |
Competitor Comparison
Key Parameters | Marathon Oil Corp | Apache Corp | Hess Corp | Concho Resources Inc |
---|---|---|---|---|
Headquarters | United States of America | United States of America | United States of America | United States of America |
City | Houston | Houston | New York | Midland |
State/Province | Texas | Texas | New York | Texas |
No. of Employees | 1,681 | 2,272 | 1,756 | 1,453 |
Entity Type | Public | Private | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Lee M. Tillman | President; Chief Executive Officer; Chairman | Executive Board | 2019 | 61 |
Dane E. Whitehead | Chief Financial Officer; Executive Vice President | Senior Management | 2017 | 61 |
Rob L. White | Chief Accounting Officer; Controller; Vice President | Senior Management | 2022 | 53 |
Bruce A. McCullough | Chief Information Officer; Senior Vice President - Technology and Innovation | Senior Management | - | - |
Kimberly Warnica | Executive Vice President; Secretary; General Counsel | Senior Management | 2021 | 49 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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