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
Current price
Average target
$35.78
Low target
$28.00
High target
$48.00
Wells Fargo
Initiated
$41.00
Morgan Stanley
Upgraded
$28.00
Citigroup
Maintains
$30.00
Piper Sandler
Maintains
$40.00
Mizuho
Downgraded
$32.00
Barclays
Maintains
$35.00
Raymond James
Maintains
$48.00
Goldman Sachs
Maintains
$30.00
RBC Capital
Maintains
$38.00
Latest filings (excl ownership)
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
10-Q
2022 Q2
Quarterly report
4 Aug 22
8-K
Marathon Oil Reports Second Quarter 2022 Results
3 Aug 22
8-K
Entry into a Material Definitive Agreement
2 Aug 22
Transcripts
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
MRO
Earnings call transcript
2020 Q2
6 Aug 20
Latest ownership filings
Financial summary
| Quarter (USD) | Sep 22 | Jun 22 | Mar 22 | Dec 21 | |
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| Diluted EPS |
| Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
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Institutional ownership, Q3 2022
70.1% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 722 |
| Opened positions | 89 |
| Closed positions | 105 |
| Increased positions | 227 |
| Reduced positions | 282 |
| 13F shares | Current |
|---|---|
| Total value | 10.06 bn |
| Total shares | 443.84 mm |
| Total puts | 8.82 mm |
| Total calls | 10.09 mm |
| Total put/call ratio | 0.9 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 78.87 mm | $1.78 bn |
| BLK Blackrock | 51.59 mm | $1.16 bn |
| IVZ Invesco | 17.36 mm | $392.02 mm |
| FMR | 16.50 mm | $372.51 mm |
| Hotchkis & Wiley Capital Management | 14.46 mm | $326.49 mm |
| Geode Capital Management | 14.40 mm | $325.00 mm |
| MS Morgan Stanley | 10.61 mm | $239.49 mm |
| NTRS Northern Trust | 9.31 mm | $210.13 mm |
| Wellington Management | 9.28 mm | $209.50 mm |
| Dimensional Fund Advisors | 8.62 mm | $194.63 mm |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 25 Jan 23 | Tillman Lee M | Common Stock | Payment of exercise | Dispose F | No | No | 27.86 | 210,848 | 5.87 mm | 1,224,558 |
| 25 Jan 23 | Tillman Lee M | Common Stock | Grant | Acquire A | No | No | 0 | 549,187 | 0.00 | 1,435,406 |
| 25 Jan 23 | Patrick Wagner | Common Stock | Payment of exercise | Dispose F | No | No | 27.86 | 47,199 | 1.31 mm | 206,902 |
| 25 Jan 23 | Patrick Wagner | Common Stock | Grant | Acquire A | No | No | 0 | 119,387 | 0.00 | 254,101 |
| 25 Jan 23 | Michael A Henderson | Common Stock | Payment of exercise | Dispose F | No | No | 27.86 | 13,631 | 379.76 k | 139,374 |
| 25 Jan 23 | Michael A Henderson | Common Stock | Grant | Acquire A | No | No | 0 | 47,755 | 0.00 | 153,005 |
| 25 Jan 23 | Whitehead Dane E | Common Stock | Payment of exercise | Dispose F | No | No | 27.86 | 53,546 | 1.49 mm | 278,389 |
| 25 Jan 23 | Whitehead Dane E | Common Stock | Grant | Acquire A | No | No | 0 | 149,235 | 0.00 | 331,935 |
News
Benzinga's Top Ratings Upgrades, Downgrades For January 25, 2023
25 Jan 23
Wells Fargo Initiates Coverage On Marathon Oil with Overweight Rating, Announces Price Target of $41
25 Jan 23
Benzinga's Top Ratings Upgrades, Downgrades For January 24, 2023
24 Jan 23
Morgan Stanley Upgrades Marathon Oil to Overweight, Raises Price Target to $28
24 Jan 23
5 On-The-Money Stock Picks For Last Week From Benzinga's Most Accurate Analysts
17 Jan 23