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 Balance Sheet Health

Financial Health criteria checks 3/6

Marathon Oil has a total shareholder equity of $11.4B and total debt of $4.8B, which brings its debt-to-equity ratio to 41.6%. Its total assets and total liabilities are $19.4B and $8.0B respectively. Marathon Oil's EBIT is $1.9B making its interest coverage ratio 6.4. It has cash and short-term investments of $141.0M.

Key information

41.6%

Debt to equity ratio

US$4.75b

Debt

Interest coverage ratio6.4x
CashUS$141.00m
EquityUS$11.44b
Total liabilitiesUS$7.99b
Total assetsUS$19.42b

Recent financial health updates

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

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

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

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

Financial Position Analysis

Short Term Liabilities: MRO's short term assets ($1.5B) do not cover its short term liabilities ($2.2B).

Long Term Liabilities: MRO's short term assets ($1.5B) do not cover its long term liabilities ($5.8B).


Debt to Equity History and Analysis

Debt Level: MRO's net debt to equity ratio (40.3%) is considered high.

Reducing Debt: MRO's debt to equity ratio has reduced from 44.9% to 41.6% over the past 5 years.

Debt Coverage: MRO's debt is well covered by operating cash flow (87%).

Interest Coverage: MRO's interest payments on its debt are well covered by EBIT (6.4x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/11/21 15:22
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.

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 Github.

Analyst Sources

Marathon Oil Corporation is covered by 44 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