Marathon Oil Corporation

NYSE:MRO Stock Report

Market Cap: US$16.2b

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Marathon Oil Dividends and Buybacks

Dividend criteria checks 3/6

Marathon Oil is a dividend paying company with a current yield of 1.54% that is well covered by earnings. Next payment date is on 10th December, 2024 with an ex-dividend date of 15th November, 2024.

Key information

1.5%

Dividend yield

5.5%

Buyback Yield

Total Shareholder Yield7.0%
Future Dividend Yield1.9%
Dividend Growth-5.9%
Next dividend pay date10 Dec 24
Ex dividend date15 Nov 24
Dividend per shareUS$0.440
Payout ratio19%

Recent dividend and buyback updates

Marathon Oil (NYSE:MRO) Is Due To Pay A Dividend Of $0.11

Aug 14
Marathon Oil (NYSE:MRO) Is Due To Pay A Dividend Of $0.11

Marathon Oil (NYSE:MRO) Is Due To Pay A Dividend Of $0.11

Apr 28
Marathon Oil (NYSE:MRO) Is Due To Pay A Dividend Of $0.11

Recent updates

Benign Growth For Marathon Oil Corporation (NYSE:MRO) Underpins Its Share Price

Aug 29
Benign Growth For Marathon Oil Corporation (NYSE:MRO) Underpins Its Share Price

Marathon Oil (NYSE:MRO) Is Due To Pay A Dividend Of $0.11

Aug 14
Marathon Oil (NYSE:MRO) Is Due To Pay A Dividend Of $0.11

ConocoPhillips Knocks It Out Of The Park With Purchase Of Marathon Oil

May 31

Marathon Oil Corporation's (NYSE:MRO) Low P/E No Reason For Excitement

May 22
Marathon Oil Corporation's (NYSE:MRO) Low P/E No Reason For Excitement

Marathon Oil Often Leads In Cost Progress

May 19

Marathon Oil (NYSE:MRO) Is Due To Pay A Dividend Of $0.11

Apr 28
Marathon Oil (NYSE:MRO) Is Due To Pay A Dividend Of $0.11

Is There An Opportunity With Marathon Oil Corporation's (NYSE:MRO) 22% Undervaluation?

Apr 19
Is There An Opportunity With Marathon Oil Corporation's (NYSE:MRO) 22% Undervaluation?

Is Marathon Oil (NYSE:MRO) A Risky Investment?

Apr 05
Is Marathon Oil (NYSE:MRO) A Risky Investment?

Marathon Oil: Strong Setup For 2024

Mar 24

Marathon Oil (NYSE:MRO) Is Looking To Continue Growing Its Returns On Capital

Mar 07
Marathon Oil (NYSE:MRO) Is Looking To Continue Growing Its Returns On Capital

Marathon Oil: The Price Is Right

Mar 04

Marathon Oil Corporation's (NYSE:MRO) Share Price Is Matching Sentiment Around Its Earnings

Feb 12
Marathon Oil Corporation's (NYSE:MRO) Share Price Is Matching Sentiment Around Its Earnings

Here's Why Marathon Oil (NYSE:MRO) Has A Meaningful Debt Burden

Jan 01
Here's Why Marathon Oil (NYSE:MRO) Has A Meaningful Debt Burden

Marathon Oil: Opportunity To Buy An Energy Stock While Price Is Low And Demand Stabilizes

Dec 18

Marathon Oil: Free Cash Flow Machine And Portfolio Hedge

Nov 05

Marathon Oil: A Top-Tier Oil Play And Potential M&A Target

Oct 24

Accelerating Cash Flow Makes Marathon A Buy

Sep 22

Marathon Oil: Low Dividend Payout Is Not Helping The Long Narrative

Sep 03

Marathon Oil: Risk Factors In Gas Valuation And Limited Returns (Rating Downgrade)

Aug 19

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: MRO's dividend payments have been volatile in the past 10 years.

Growing Dividend: MRO's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Marathon Oil Dividend Yield vs Market
How does MRO dividend yield compare to the market?
SegmentDividend Yield
Company (MRO)1.5%
Market Bottom 25% (US)1.5%
Market Top 25% (US)4.6%
Industry Average (Oil and Gas)4.3%
Analyst forecast (MRO) (up to 3 years)1.9%

Notable Dividend: MRO's dividend (1.54%) is higher than the bottom 25% of dividend payers in the US market (1.37%).

High Dividend: MRO's dividend (1.54%) is low compared to the top 25% of dividend payers in the US market (4.21%).


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (19%), MRO's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (12%), MRO's dividend payments are thoroughly covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/11/21 12:21
End of Day Share Price 2024/11/21 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Marathon Oil Corporation is covered by 47 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
William SeleskyArgus Research Company
Finbarr MacCarthyAtlantic Equities LLP
Ishan MajumdarBaptista Research