Marathon Oil Corporation (MRO)
Marathon Oil Corporation operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Houston, TX, US. The stock last traded at $28.55, giving a market capitalisation of $15.97B. On trailing twelve-month figures it carries a trailing P/E of 11.15, a net margin of 24.3%. Its beta of 2.16 implies it has historically moved more than the broad market.
Marathon Oil Corporation operates as an independent upstream energy company, primarily focusing on exploration, development, and production activities within the United States and international markets. The firm is engaged in discovering, extracting, and commercializing crude oil, condensate, natural gas liquids (NGLs), and natural gas. Additionally, it manufactures and sells refined natural gas products such as liquefied natural gas (LNG) and methanol. Its operational assets include 32 central gathering and treatment facilities, along with the Sugarloaf natural gas pipeline, a 42-mile system traversing Karnes and Atascosa Counties. Established in 1887, the company was formerly USX Corporation before rebranding to Marathon Oil Corporation in December 2001. Its corporate headquarters are located in Houston, Texas.
Marathon Oil Corporation is most often compared with the following Energy names: