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Marathon Oil (MRO)

Company Profile

Company profile

Ticker

MRO

Exchange

Website

www.marathonoil.com

CEO

Mr. Michael A. Henderson

Incorporated

Location

Fiscal year end

Sector

Mining, Quarrying, and Oil and Gas Extraction > Oil and Gas

Industry (SIC)

Crude Petroleum & Natural Gas

Petróleo Brasileiro S.A. - Petrobras • Occidental Petroleum • Devon Energy • Expand Energy • EOG Resources • Pressburg • Ovintiv • Murphy Oil • Noble Energy • Pioneer Natural Resources ...

Former names

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SEC CIK

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Material Contracts & Credit Agreements

Subsidiaries Lists

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

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$31.67

Low target

$27.00

High target

$34.00

Truist Securities

Latest filings (excl ownership)

View all

Securities registration termination

Registration of securities for employees (post-effective amendment)

Registration of securities for employees (post-effective amendment)

Registration of securities for employees (post-effective amendment)

Registration of securities for employees (post-effective amendment)

Registration of securities for employees (post-effective amendment)

Registration of securities for employees (post-effective amendment)

Registration of securities for employees (post-effective amendment)

Registration of securities for employees (post-effective amendment)

Registration of securities for employees (post-effective amendment)

Transcripts

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Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Latest ownership filings

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Michael A Henderson

Dane E Whitehead

MARK A MCCOLLUM

Kimberly O. Warnica

Shawn D. Williams

Marcela E Donadio

Financial summary

Financial statements Chart MRO financial data

Quarter (USD)	Sep 24	Mar 24	Dec 23	Sep 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
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)	134.00 mm	134.00 mm	134.00 mm	134.00 mm	134.00 mm	134.00 mm
Cash burn (monthly)	(no burn)	6.75 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	18.84 mm	n/a	n/a	n/a	n/a
Cash remaining	n/a	115.16 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	17.1	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

MRO institutional ownership history Ownership history

70.5% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	760	813	-6.5%
Opened positions	61	106	-42.5%
Closed positions	114	113	+0.9%
Increased positions	266	279	-4.7%
Reduced positions	275	258	+6.6%

13F shares	Current	Prev Q	Change
Total value	10.53 tn	11.39 tn	-7.5%
Total shares	412.35 mm	421.17 mm	-2.1%
Total puts	4.26 mm	5.25 mm	-18.8%
Total calls	3.64 mm	4.72 mm	-22.8%
Total put/call ratio	1.2	1.1	+5.2%

Largest owners	Shares	Value	Change
Vanguard	67.87 mm	$1.81 tn	-0.7%
BLK BlackRock	42.66 mm	$1.14 tn	NEW
STT State Street	36.33 mm	$967.39 bn	-5.2%
IVZ Invesco	27.72 mm	$738.06 bn	-16.8%
Pacer Advisors	14.73 mm	$392.19 bn	+10.2%
Geode Capital Management	13.33 mm	$353.76 bn	-0.5%
MS Morgan Stanley	9.72 mm	$258.82 bn	+0.2%
Dimensional Fund Advisors	8.36 mm	$222.75 bn	-1.1%
Adage Capital Partners GP, L.L.C.	8.30 mm	$220.98 bn	+154.1%
Hotchkis & Wiley Capital Management	8.11 mm	$216.03 bn	-4.5%

Largest transactions	Shares	Bought/sold	Change
BLK BlackRock	0.00	-42.70 mm	EXIT
BLK BlackRock	42.66 mm	+42.66 mm	NEW
Arrowstreet Capital, Limited Partnership	237.09 k	-5.60 mm	-95.9%
IVZ Invesco	27.72 mm	-5.58 mm	-16.8%
Adage Capital Partners GP, L.L.C.	8.30 mm	+5.03 mm	+154.1%
LSV Asset Management	3.63 mm	-2.82 mm	-43.7%
Balyasny Asset Management	7.11 mm	+2.76 mm	+63.5%
Vivaldi Asset Management	3.27 mm	+2.66 mm	+437.6%
T. Rowe Price	6.31 mm	+2.43 mm	+62.7%
Los Angeles Capital Management & Equity Research	109.41 k	-2.13 mm	-95.1%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

MRO insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
22 Nov 24	Mark A Mccollum	Common Stock	Sale back to company	Dispose D	No	No	0	8,130	0.00	0
22 Nov 24	Mark A Mccollum	Common Stock	Sale back to company	Dispose D	No	No	0	8,169	0.00	0
22 Nov 24	Kimberly O. Warnica	Common Stock	Sale back to company	Dispose D	No	No	0	56,914	0.00	0
22 Nov 24	Kimberly O. Warnica	Common Stock	Sale back to company	Dispose D	No	No	0	67,464	0.00	0
22 Nov 24	Michael A Henderson	Common Stock	Sale back to company	Dispose D	No	No	0	71,677	0.00	0
22 Nov 24	Michael A Henderson	Common Stock	Sale back to company	Dispose D	No	No	0	5,151	0.00	0
22 Nov 24	Rob L. White	Common Stock	Sale back to company	Dispose D	No	No	0	32,584	0.00	0
22 Nov 24	Rob L. White	Common Stock	Sale back to company	Dispose D	No	No	0	20,356	0.00	0
22 Nov 24	Shawn D. Williams	Common Stock	Sale back to company	Dispose D	No	No	0	15,485.558	0.00	0

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

From Benzinga Pro

Expert Outlook: Marathon Oil Through The Eyes Of 10 Analysts

Piper Sandler Maintains Overweight on Marathon Oil, Lowers Price Target to $34

Piper Sandler analyst Mark Lear maintains Marathon Oil (NYSE:MRO) with a Overweight and lowers the price target from $37 to $34.

Viking Fund Management Sells Big Oil Stocks In Q3, Cuts Tesla Position In Half, Adds To Largest Position Broadcom

A look at the moves made by Viking Fund management in the third quarter, including the exits and new stakes and fund's largest positions at the end of Q3.

Marathon Oil Q3 2024 Adj EPS $0.64 Beats $0.63 Estimate, Sales $1.79B Beat $1.72B Estimate

Marathon Oil's Earnings: A Preview

Press releases

From Benzinga Pro

ConocoPhillips Company announces exchange offers for debt securities and consent solicitations by Marathon Oil Corporation

ConocoPhillips (NYSE:COP) ("COP") today announced that, in connection with the acquisition of Marathon Oil Corporation ("Marathon") (NYSE:MRO) by ConocoPhillips, ConocoPhillips Company ("CPCo" or the "Company") has

ConocoPhillips completes acquisition of Marathon Oil Corporation

ConocoPhillips (NYSE:COP) today announced that it has completed its acquisition of Marathon Oil Corporation (NYSE:MRO). "This acquisition of Marathon Oil is a perfect fit for ConocoPhillips, adding to our deep,

Texas Pacific Land Set to Join S&P 500, Mueller Industries to Join S&P MidCap 400 and Atlas Energy Solutions to Join S&P SmallCap 600

NEW YORK, Nov. 21, 2024 /PRNewswire/ -- S&P MidCap 400 constituent Texas Pacific Land Corp. (NYSE:TPL) will replace Marathon Oil Corp. (NYSE:MRO) in the S&P 500, S&P SmallCap 600 constituent Mueller

Marathon Oil Reports Third Quarter 2024 Results

Marathon Oil Corporation Declares Third Quarter 2024 Dividend

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