Marathon Oil Corporation (MRO)

NYSE
Currency in USD
28.55
0.00(0.00%)
Closed·
Showing Marathon Oil historical data. For real-time data please try another search
Day's Range
28.4329.37
52 wk Range
25.4930.06
Key Statistics
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Prev. Close
28.55
Open
29.11
Day's Range
28.43-29.37
52 wk Range
25.49-30.06
Volume
-
Average Volume (3m)
6.26M
1-Year Change
9.26%
Book Value / Share
-
Fair Value
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Fair Value Upside
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Marathon Oil Corporation Company Profile

Marathon Oil Corporation, an independent exploration and production company, engages in exploration, production, and marketing of crude oil and condensate, natural gas liquids, and natural gas in the United States and internationally. The company also produces and markets products manufactured from natural gas, such as liquefied natural gas and methanol. In addition, it owns and operates Sugarloaf gathering system, a natural gas pipeline. Marathon Oil Corporation was formerly known as USX Corporation and changed its name to Marathon Oil Corporation in January 2002. The company was founded in 1887 and is headquartered in Houston, Texas. As of November 22, 2024, Marathon Oil Corporation operates as a subsidiary of ConocoPhillips.

Industry
Oil & Gas
Sector
Energy
Employees
1681

Marathon Oil Corporation SWOT Analysis


Merger Dynamics
Explore Marathon Oil's pending acquisition by ConocoPhillips, its impact on shareholder returns, and the reduced public communications during this transitional period
E.G. Asset Value
Delve into Marathon Oil's significant Equatorial Guinea assets, representing 11% of company value, and the potential implications of Right-of-First-Refusal clauses
Financial Outlook
Analysts project price targets ranging from $5.08 to $10.80 per share, with a steady state assessment through 2026 and no anticipated shareholder returns during merge
Market Resilience
Learn how Marathon Oil's stock maintains a Buy consensus despite acquisition uncertainties, trading within its 52-week range amid energy sector challenges
Read full SWOT analysis

Marathon Oil Corporation Earnings Call Summary for Q1/2024

  • Marathon Oil returned 41% of cash flow to shareholders, generated strong free cash flow, expects significant increase in coming quarters
  • Company enhancing asset base via extended lateral drilling, refracs; progressing EG Gas Mega Hub project with shift to global LNG pricing
  • CFO transition: Rob White succeeding Dane Whitehead; commitment to shareholder returns and debt reduction maintained
  • $1.2B bond offering completed; plans to remarket $400M in tax-exempt bonds for debt reduction and interest savings
  • 2024 guidance maintained; focus on peer-leading free cash flow, capital efficiency, and shareholder returns across multi-basin portfolio
Last Updated: 03/05/2024, 08:44 am
Read Full Transcript

Earnings

Latest Release
Feb 12, 2025
EPS / Forecast
0.51 / 0.5974
Revenue / Forecast
1.74B / 1.63B
EPS Revisions
Last 90 days

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