MRO Marathon Oil

Marathon Oil Corporation, usually simply referred to as Marathon Oil, is an American petroleum and natural gas exploration and production company headquartered in the Marathon Oil Tower in Houston, Texas. Marathon Oil is incorporated in Ohio. Marathon Oil is responsible for 0.19% of global industrial greenhouse gas emissions from 1988 to 2015.
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
IRS number
250996816
MRO stock data
()
News
The S&P 500 Soared Today. Here's Why.
5 Apr 21
The SPY Was Down Today. Here's Why.
18 Mar 21
Morgan Stanley Maintains Underweight on Marathon Oil, Raises Price Target to $12
11 Mar 21
An Opportunity To Leverage Volatility In Unexpected Industries
11 Mar 21
Stocks That Hit 52-Week Highs On Friday
5 Mar 21
Press releases
Marathon Oil Schedules First Quarter 2021 Earnings Release and Conference Call
7 Apr 21
Thinking about buying stock in Sundial Growers, Ideanomics, Palantir Technologies, Marathon Oil, or SOS Ltd?
1 Apr 21
Marathon Oil Announces $500 Million Gross Debt Reduction
30 Mar 21
Holli Ladhani elected to Marathon Oil Corporation Board of Directors
17 Mar 21
Thinking about trading options or stock in Virgin Galactic, American Airlines, Advanced Micro Devices, Marathon Oil, or Visa?
15 Mar 21
Calendar
23 Feb 21
17 Apr 21
31 Dec 21
Financial summary
Quarter (USD) |
Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) |
Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Diluted EPS |
Financial data from company earnings reports.
Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 742M | 742M | 742M | 742M | 742M | |
Cash burn (monthly) | 28M | 113.67M | 122.08M | (positive/no burn) | (positive/no burn) | |
Cash used (since last report) | 99.92M | 405.64M | 435.67M | n/a | n/a | |
Cash remaining | 642.08M | 336.36M | 306.33M | n/a | n/a | |
Runway (months of cash) | 22.9 | 3.0 | 2.5 | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
12 Apr 21 | Tillman Lee M | Common Stock | Sell | Dispose S | No | Yes | 11.08 | 67,500 | 747.9K | 1,270,512 |
31 Mar 21 | Ladhani Holli C. | Common Stock | Grant | Aquire A | No | No | 0 | 10,533.708 | 0 | 10,533.708 |
11 Mar 21 | Michael A Henderson | Common Stock | Sell | Dispose S | No | No | 12.55 | 20,938 | 262.77K | 223,349 |
1 Mar 21 | Few Jason | Common Stock | Grant | Aquire A | No | No | 0 | 13,392.857 | 0 | 33,930.792 |
Institutional ownership Q4 2020
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
68.3% owned by funds/institutions
13F holders |
Current |
---|---|
Total holders | 526 |
Opened positions | 96 |
Closed positions | 77 |
Increased positions | 146 |
Reduced positions | 185 |
13F shares |
Current |
---|---|
Total value | 4.4B |
Total shares | 539.07M |
Total puts | 6.41M |
Total calls | 9.14M |
Total put/call ratio | 0.7 |
Largest owners |
Shares | Value |
---|---|---|
Vanguard | 83.51M | $557.02M |
Hotchkis & Wiley Capital Management | 63.9M | $426.21M |
STT State Street | 53.14M | $354.45M |
BLK Blackrock | 49.66M | $331.21M |
IVZ Invesco | 35.52M | $236.94M |
Geode Capital Management | 14.04M | $93.53M |
FMR | 14.03M | $93.57M |
Dimensional Fund Advisors | 13.18M | $87.9M |
Arrowstreet Capital, Limited Partnership | 12.69M | $84.65M |
Parametric Portfolio Associates | 11.62M | $77.5M |
Financial report summary
?Risks
- A substantial decline in crude oil and condensate, NGLs and natural gas prices would reduce our operating results and cash flows and could adversely impact our future rate of growth and the carrying value of our assets.
- Estimates of crude oil and condensate, NGLs and natural gas reserves depend on many factors and assumptions, including various assumptions that are based on conditions in existence as of the dates of the estimates. Any material changes in those conditions or other factors affecting those assumptions could impair the quantity and value of our reserves.
- Our operations may be adversely affected by pipeline, rail and other transportation capacity constraints.
- If we acquire crude oil and natural gas properties, our failure to fully identify existing and potential problems, to accurately estimate reserves, production rates or costs, or to effectively integrate the acquired properties into our operations could materially and adversely affect our business, financial condition and results of operations.
- Future exploration and drilling results are uncertain and involve substantial costs.
- We operate in a highly competitive industry, and many of our competitors are larger and have available resources in excess of our own.
- Our offshore operations involve special risks that could negatively impact us.
- If we are unsuccessful in acquiring or finding additional reserves, our future crude oil and condensate, NGLs and natural gas production would decline, thereby reducing our cash flows and results of operations and impairing our financial condition.
- If crude oil and condensate, NGLs and natural gas prices decrease, it could adversely affect the abilities of our counterparties to perform their obligations to us which could negatively impact our financial results.
- If we are unable to complete capital projects at their expected costs and in a timely manner, or if the market conditions assumed in our project economics deteriorate, our business, financial condition, results of operations and cash flows could be materially and adversely affected.
- Our level of indebtedness may limit our liquidity and financial flexibility.
- Difficulty in accessing capital or a significant increase in our costs of accessing capital could adversely affect our business.
- Our commodity price risk management activities may prevent us from fully benefiting from commodity price increases and may expose us to other risks, including counterparty risk.
- Many of our major projects and operations are conducted jointly with other parties, which may decrease our ability to manage risk.
- We may incur substantial capital expenditures and operating costs as a result of compliance with and changes in law, regulations or requirements or initiatives, including those addressing environmental, health, safety or security or the impact of global climate change, air emissions or water management, and, as a result, our business, financial condition, results of operations and cash flows could be materially and adversely affected.
- The potential adoption of federal, state and local legislative and regulatory initiatives related to hydraulic fracturing could result in increased compliance costs, operating restrictions or delays in the completion of oil and gas wells.
- The potential adoption of federal, state and local legislative and regulatory initiatives intended to address potential induced seismic activity in the areas in which we operate could result in increased compliance costs, operating restrictions or delays in the completion of oil and gas wells.
- Political and economic developments, possible terrorist activities and changes in law or policy in the U.S. or global markets could adversely affect our operations and materially reduce our profitability and cash flows.
- Our business, financial conditions and results of operations have been adversely affected and may continue to be adversely affected by the recent COVID-19 global pandemic.
- Our business could be negatively impacted by cyberattacks targeting our computer and telecommunications systems and infrastructure, or targeting those of our third-party service providers.
- Our business may be materially adversely affected by negative publicity.
- Our operations are subject to business interruptions and casualty losses. We do not insure against all potential losses and therefore we could be seriously harmed by unexpected liabilities and increased costs.
- Litigation by private plaintiffs or government officials or entities could adversely affect our performance.
Content analysis
?
Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
8th grade Avg
|
New words:
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Removed:
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Financial reports
10-K
2020 FY
Annual report
23 Feb 21
10-Q
2020 Q3
Quarterly report
4 Nov 20
10-Q
2020 Q2
Quarterly report
6 Aug 20
10-Q
2020 Q1
Quarterly report
7 May 20
10-K
2019 FY
Annual report
20 Feb 20
10-Q
2019 Q3
Quarterly report
7 Nov 19
10-Q
2019 Q2
Quarterly report
8 Aug 19
10-Q
2019 Q1
Quarterly report
1 May 19
10-K
2018 Q4
Annual report
21 Feb 19
10-Q
2018 Q3
Quarterly report
8 Nov 18
Current reports
8-K
Holli Ladhani elected to Marathon Oil Corporation Board of Directors
17 Mar 21
8-K
Marathon Oil Announces 2021 Capital Budget and Reports Fourth Quarter and Full Year 2020 Results
22 Feb 21
8-K
Brent Smolik elected to Marathon Oil Corporation Board of Directors
11 Jan 21
8-K
Entry into a Material Definitive Agreement
8 Dec 20
8-K
Departure of Directors or Certain Officers
2 Dec 20
8-K
Marathon Oil Reports Third Quarter 2020 Results
4 Nov 20
8-K/A
Marathon Oil Reports Second Quarter 2020 Results
5 Aug 20
8-K
Marathon Oil Reports Second Quarter 2020 Results
5 Aug 20
8-K
Regulation FD Disclosure
17 Jul 20
8-K
Results of Operations and Financial Condition
13 Jul 20
Registration and prospectus
S-3ASR
Automatic shelf registration
9 Jan 20
S-8
Registration of securities for employees
30 May 19
S-8 POS
Registration of securities for employees (post-effective amendment)
2 Apr 18
S-8 POS
Registration of securities for employees (post-effective amendment)
2 Apr 18
424B2
Prospectus for primary offering
16 Jul 17
424B5
Prospectus supplement for primary offering
12 Jul 17
FWP
Free writing prospectus
12 Jul 17
FWP
Free writing prospectus
12 Jul 17
S-3ASR
Automatic shelf registration
24 Jan 17
S-8
Registration of securities for employees
24 May 16
Proxies
DEFA14A
Additional proxy soliciting materials
9 Apr 21
DEF 14A
Definitive proxy
9 Apr 21
DEFA14A
Additional proxy soliciting materials
29 Apr 20
DEFA14A
Additional proxy soliciting materials
9 Apr 20
DEF 14A
Definitive proxy
9 Apr 20
DEFA14A
Additional proxy soliciting materials
12 Apr 19
DEF 14A
Definitive proxy
12 Apr 19
DEFA14A
Additional proxy soliciting materials
9 May 18
DEF 14A
Definitive proxy
12 Apr 18
DEFA14A
Additional proxy soliciting materials
12 Apr 18
Other
UPLOAD
Letter from SEC
3 Dec 19
CORRESP
Correspondence with SEC
14 Nov 19
CORRESP
Correspondence with SEC
6 Oct 19
UPLOAD
Letter from SEC
23 Sep 19
UPLOAD
Letter from SEC
23 Jan 17
CORRESP
Correspondence with SEC
14 Dec 16
CORRESP
Correspondence with SEC
15 Nov 16
UPLOAD
Letter from SEC
13 Nov 16
CORRESP
Correspondence with SEC
14 Sep 16
UPLOAD
Letter from SEC
1 Sep 16
Ownership
4
MARATHON OIL / LEE M TILLMAN ownership change
13 Apr 21
4
MARATHON OIL / Holli C. Ladhani ownership change
1 Apr 21
3
MARATHON OIL / Holli C. Ladhani ownership change
31 Mar 21
4
MARATHON OIL / Michael A Henderson ownership change
12 Mar 21
4
MARATHON OIL / GARY EUGENE WILSON ownership change
3 Mar 21
4
MARATHON OIL / Dane E Whitehead ownership change
3 Mar 21
4
MARATHON OIL / Kimberly O. Warnica ownership change
3 Mar 21
4
MARATHON OIL / PATRICK WAGNER ownership change
3 Mar 21
4
MARATHON OIL / LEE M TILLMAN ownership change
3 Mar 21
4
MARATHON OIL / Michael A Henderson ownership change
3 Mar 21
Transcripts
2020 Q4
Earnings call transcript
23 Feb 21
2020 Q3
Earnings call transcript
5 Nov 20
2020 Q2
Earnings call transcript
6 Aug 20
2020 Q1
Earnings call transcript
7 May 20
2019 Q4
Earnings call transcript
13 Feb 20
2019 Q3
Earnings call transcript
7 Nov 19
2019 Q2
Earnings call transcript
8 Aug 19
2019 Q1
Earnings call transcript
2 May 19
2018 Q4
Earnings call transcript
14 Feb 19
2018 Q3
Earnings call transcript
8 Nov 18
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