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
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
10 Apr 24
DEFA14A
Additional proxy soliciting materials
10 Apr 24
DEF 14A
Definitive proxy
10 Apr 24
PRE 14A
Preliminary proxy
28 Mar 24
8-K
Marathon Oil Corporation Announces Pricing of Offering of $600 Million of Senior Notes Due 2029 and $600 Million of Senior Notes Due 2034
28 Mar 24
424B2
Prospectus for primary offering
27 Mar 24
FWP
Free writing prospectus
26 Mar 24
424B2
Prospectus for primary offering
26 Mar 24
8-K
Marathon Oil Corporation Announces Key Officer Promotions
1 Mar 24
10-K
2023 FY
Annual report
22 Feb 24
Transcripts
MRO
Earnings call transcript
2023 Q4
22 Feb 24
MRO
Earnings call transcript
2023 Q3
2 Nov 23
MRO
Earnings call transcript
2023 Q2
3 Aug 23
MRO
Earnings call transcript
2023 Q1
4 May 23
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
Latest ownership filings
4
PATRICK WAGNER
28 Mar 24
144
Notice of proposed sale of securities
27 Mar 24
4
Michael A Henderson
26 Mar 24
4
Dane E Whitehead
26 Mar 24
144
Notice of proposed sale of securities
25 Mar 24
144
Notice of proposed sale of securities
22 Mar 24
4
PATRICK WAGNER
21 Mar 24
4
LEE M TILLMAN
21 Mar 24
144
Notice of proposed sale of securities
19 Mar 24
144
Notice of proposed sale of securities
19 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Net income | |||||
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) | 174.00 mm | 174.00 mm | 174.00 mm | 174.00 mm | 174.00 mm | 174.00 mm |
Cash burn (monthly) | 13.67 mm | 77.92 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 91.31 mm | 520.57 mm | n/a | n/a | n/a | n/a |
Cash remaining | 82.69 mm | -346.57 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 6.1 | -4.4 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
57.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 645 |
Opened positions | 93 |
Closed positions | 237 |
Increased positions | 207 |
Reduced positions | 215 |
13F shares | Current |
---|---|
Total value | 7.61 tn |
Total shares | 327.30 mm |
Total puts | 1.82 mm |
Total calls | 1.77 mm |
Total put/call ratio | 1.0 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 68.92 mm | $1.67 tn |
STT State Street | 38.07 mm | $919.82 bn |
IVZ Invesco | 31.52 mm | $761.54 bn |
Hotchkis & Wiley Capital Management | 19.39 mm | $468.43 bn |
MS Morgan Stanley | 11.68 mm | $282.21 bn |
BK Bank Of New York Mellon | 8.98 mm | $216.89 bn |
Wellington Management | 8.29 mm | $200.25 bn |
Dimensional Fund Advisors | 8.19 mm | $197.80 bn |
Pacer Advisors | 8.16 mm | $197.24 bn |
NTRS Northern Trust | 7.24 mm | $174.87 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
27 Mar 24 | Patrick Wagner | Common Stock | Sell | Dispose S | No | No | 27.6469 | 36,094 | 997.89 k | 140,829 |
25 Mar 24 | Michael A Henderson | Common Stock | Sell | Dispose S | No | No | 27.59 | 13,889 | 383.20 k | 114,828 |
25 Mar 24 | Michael A Henderson | Common Stock | Option exercise | Acquire M | No | No | 10.47 | 13,889 | 145.42 k | 128,717 |
25 Mar 24 | Michael A Henderson | Common Stock | Sell | Dispose S | No | No | 27.5961 | 37,500 | 1.03 mm | 114,828 |
25 Mar 24 | Michael A Henderson | Employee Stock Option Common Stock | Option exercise | Dispose M | No | No | 10.47 | 13,889 | 145.42 k | 0 |
22 Mar 24 | Whitehead Dane E | Common Stock | Sell | Dispose S | No | No | 27.0591 | 73,233 | 1.98 mm | 152,008 |
19 Mar 24 | Tillman Lee M | Common Stock | Sell | Dispose S | No | No | 26.9411 | 80,647 | 2.17 mm | 596,330 |
19 Mar 24 | Patrick Wagner | Common Stock | Sell | Dispose S | No | No | 26.8913 | 39,969 | 1.07 mm | 176,923 |
News
Piper Sandler Maintains Overweight on Marathon Oil, Raises Price Target to $34
19 Apr 24
Unveiling 16 Analyst Insights On Marathon Oil
15 Apr 24
Morgan Stanley Maintains Equal-Weight on Marathon Oil, Raises Price Target to $27
15 Apr 24
Oil Prices Spike Above $90 A Barrel As Iran-Israel Tensions Escalate: US Energy Stocks Eye 9th Week Of Gains
12 Apr 24
Scotiabank Maintains Sector Outperform on Marathon Oil, Raises Price Target to $45
11 Apr 24
Press releases
Marathon Oil Schedules First Quarter 2024 Earnings Release and Conference Call
2 Apr 24
Marathon Oil Corporation Announces Pricing of Offering of $600 Million of Senior Notes Due 2029 and $600 Million of Senior Notes Due 2034
26 Mar 24
Marathon Oil Corporation Announces Key Officer Promotions
29 Feb 24
Marathon Oil Announces 2024 Capital Budget and Reports Fourth Quarter and Full-Year 2023 Results
21 Feb 24
Marathon Oil Corporation Declares Fourth Quarter 2023 Dividend
31 Jan 24