Marathon Oil Corporation is an American company engaged in hydrocarbon exploration. he 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.
Company profile
Ticker
MRO
Exchange
Website
CEO
Lee M. Tillman
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
USX CORP
SEC CIK
Corporate docs
Subsidiaries
Alba Associates LLC • Alba Equatorial Guinea Partnership, L.P. • Alba Plant LLC • AMPCO Marketing, L.L.C. • AMPCO Services, L.L.C. • Atlantic Methanol Associates LLC • Atlantic Methanol Production Company LLC • E.G. Global LNG Services, Ltd. • Equatorial Guinea LNG Company, S.A. • Equatorial Guinea LNG Holdings Limited ...
IRS number
250996816
MRO stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
24 Feb 23
10-K
2022 FY
Annual report
16 Feb 23
8-K
Marathon Oil Announces 2023 Capital Budget and Reports Fourth Quarter and Full Year 2022 Results
15 Feb 23
S-3ASR
Automatic shelf registration
5 Jan 23
8-K
Completion of Acquisition or Disposition of Assets
3 Jan 23
8-K
Entry into a Material Definitive Agreement
29 Nov 22
8-K
Marathon Oil Announces Eagle Ford Acquisition
7 Nov 22
10-Q
2022 Q3
Quarterly report
3 Nov 22
8-K
Marathon Oil Reports Third Quarter 2022 Results
2 Nov 22
8-K
Mark McCollum and Shawn Williams Elected to Marathon Oil Corporation Board of Directors
31 Oct 22
Transcripts
MRO
Earnings call transcript
2022 Q4
16 Feb 23
MRO
Earnings call transcript
2022 Q3
3 Nov 22
MRO
Earnings call transcript
2022 Q2
4 Aug 22
MRO
Earnings call transcript
2022 Q1
5 May 22
MRO
Earnings call transcript
2021 Q4
17 Feb 22
MRO
Earnings call transcript
2021 Q3
4 Nov 21
MRO
Earnings call transcript
2021 Q2
5 Aug 21
MRO
Earnings call transcript
2021 Q1
6 May 21
MRO
Earnings call transcript
2020 Q4
23 Feb 21
MRO
Earnings call transcript
2020 Q3
5 Nov 20
Latest ownership filings
144
Notice of proposed sale of securities
27 Mar 23
4
Holli C. Ladhani
15 Mar 23
4
Dane E Whitehead
3 Mar 23
4
Rob L. White
3 Mar 23
4
Kimberly O. Warnica
3 Mar 23
4
PATRICK WAGNER
3 Mar 23
4
LEE M TILLMAN
3 Mar 23
4
Michael A Henderson
3 Mar 23
4
Shawn D. Williams
3 Mar 23
4
JAMES KENT WELLS
3 Mar 23
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
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| Operating income | |||||
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| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 334.00 mm | 334.00 mm | 334.00 mm | 334.00 mm | 334.00 mm | 334.00 mm |
| Cash burn (monthly) | 258.33 mm | 64.58 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 755.89 mm | 188.97 mm | n/a | n/a | n/a | n/a |
| Cash remaining | -421.89 mm | 145.03 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | -1.6 | 2.2 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
77.9% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 793 |
| Opened positions | 135 |
| Closed positions | 66 |
| Increased positions | 243 |
| Reduced positions | 284 |
| 13F shares | Current |
|---|---|
| Total value | 13.28 tn |
| Total shares | 490.69 mm |
| Total puts | 10.44 mm |
| Total calls | 9.79 mm |
| Total put/call ratio | 1.1 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 74.26 mm | $2.01 tn |
| BLK Blackrock | 56.92 mm | $1.54 tn |
| STT State Street | 45.30 mm | $1.23 tn |
| IVZ Invesco | 16.94 mm | $458.49 bn |
| FMR | 16.84 mm | $455.95 bn |
| Geode Capital Management | 14.82 mm | $401.11 bn |
| Hotchkis & Wiley Capital Management | 12.12 mm | $327.98 bn |
| MS Morgan Stanley | 10.38 mm | $280.99 bn |
| Wellington Management | 9.57 mm | $259.04 bn |
| NTRS Northern Trust | 8.78 mm | $237.54 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mar 23 | Donadio Marcela E | Common Stock | Grant | Acquire A | No | No | 0 | 7,754.944 | 0.00 | 95,673.613 |
| 1 Mar 23 | Deaton Chad C | Common Stock | Grant | Acquire A | No | No | 0 | 7,754 | 0.00 | 100,152.778 |
| 1 Mar 23 | M Elise Hyland | Common Stock | Grant | Acquire A | No | No | 0 | 5,816 | 0.00 | 61,321.334 |
| 1 Mar 23 | M Elise Hyland | Common Stock | Grant | Acquire A | No | No | 0 | 1,938.736 | 0.00 | 55,505.334 |
| 1 Mar 23 | Ladhani Holli C. | Common Stock | Grant | Acquire A | No | No | 0 | 7,754.944 | 0.00 | 25,144.099 |
| 1 Mar 23 | James Kent Wells | Common Stock | Grant | Acquire A | No | No | 0 | 7,754.944 | 0.00 | 49,191.085 |
News
Morgan Stanley Maintains Overweight on Marathon Oil, Lowers Price Target to $27
27 Mar 23
Pinterest To Rally Over 27%? Here Are 10 Other Analyst Forecasts For Monday
27 Mar 23
Raymond James Maintains Strong Buy on Marathon Oil, Lowers Price Target to $43
27 Mar 23
Goldman Sachs Maintains Sell on Marathon Oil, Lowers Price Target to $24
24 Mar 23
Benzinga's Top Ratings Upgrades, Downgrades For March 23, 2023
23 Mar 23
Press releases
Thinking about buying stock in Wells Fargo, Walmart, Coca-Cola, Alphabet, or Marathon Oil?
27 Mar 23
Marathon Oil Announces 2023 Capital Budget and Reports Fourth Quarter and Full Year 2022 Results
15 Feb 23
Marathon Oil Corporation Declares Fourth Quarter 2022 Dividend
25 Jan 23
Marathon Oil Schedules Fourth Quarter and Full-Year 2022 Earnings Release and Conference Call
11 Jan 23