Marathon Oil Corp - Company Profile

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Marathon Oil Corp: Overview

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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.

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Headquarters United States of America
Address P O Box 3128, Houston, Texas, 77253-3128
Website www.marathonoil.com
Telephone 1 713 6296600
No of Employees 1,681
Industry Energy and Utilities
Ticker Symbol & Exchange MRO (NYSE)
Revenue (2022) $6.7B -17.3% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ -57% (2022 vs 2021)
Market Cap* $16.8B
Net Profit Margin (2023) XYZ -48.0% (2022 vs 2021)
* As of and is in US$
View Marathon Oil Corp financials
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Marathon Oil Corp premium industry data and analytics

90+

Midstream

Midstream database provides details on global active, upcoming , decommissioned, and cancelled oil & gas pipelines, LNG regasification and liquefaction terminals, liquid storage terminals, underground gas storage facilities, and gas processing plants.

50+

Upstream

Access comprehensive data and analysis of global upstream assets. This includes key information on fields, wells and blocks. It covers key commercial, geological, and technical attributes of assets and analysis of developments.

2

Petrochemical Plants

Access comprehensive information on global active, upcoming , decommissioned, and cancelled petrochemical complexes/plants.

1

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Marathon Oil Corp (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Marathon Oil Corp’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products
Crude Oil
Condensate
Natural Gas
XYZ
XYZ
XYZ
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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.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
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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
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Executives
Name Position Board Since Age
Lee M. Tillman President; Chairman; Chief Executive Officer Executive Board 2019 61
Dane E. Whitehead Executive Vice President; Chief Financial Officer Senior Management 2017 61
Rob L. White Controller; Vice President; Chief Accounting Officer Senior Management 2022 53
Bruce A. McCullough Senior Vice President - Technology and Innovation; Chief Information Officer 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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