This company has been acquired
Marathon Oil Management
Management criteria checks 4/4
Marathon Oil's CEO is Lee Tillman, appointed in Aug 2013, has a tenure of 11.25 years. total yearly compensation is $12.83M, comprised of 9.4% salary and 90.6% bonuses, including company stock and options. directly owns 0.21% of the company’s shares, worth $34.49M. The average tenure of the management team and the board of directors is 4.5 years and 5.2 years respectively.
Key information
Lee Tillman
Chief executive officer
US$12.8m
Total compensation
| CEO salary percentage | 9.4% |
| CEO tenure | 11.3yrs |
| CEO ownership | 0.2% |
| Management average tenure | 4.5yrs |
| Board average tenure | 5.2yrs |
Recent management updates
Recent updates
Benign Growth For Marathon Oil Corporation (NYSE:MRO) Underpins Its Share Price
Aug 29
Marathon Oil (NYSE:MRO) Is Due To Pay A Dividend Of $0.11
Aug 14ConocoPhillips Knocks It Out Of The Park With Purchase Of Marathon Oil
May 31Marathon Oil Corporation's (NYSE:MRO) Low P/E No Reason For Excitement
May 22Marathon Oil Often Leads In Cost Progress
May 19Marathon Oil (NYSE:MRO) Is Due To Pay A Dividend Of $0.11
Apr 28Is There An Opportunity With Marathon Oil Corporation's (NYSE:MRO) 22% Undervaluation?
Apr 19Is Marathon Oil (NYSE:MRO) A Risky Investment?
Apr 05Marathon Oil: Strong Setup For 2024
Mar 24Marathon Oil (NYSE:MRO) Is Looking To Continue Growing Its Returns On Capital
Mar 07Marathon Oil: The Price Is Right
Mar 04Marathon Oil Corporation's (NYSE:MRO) Share Price Is Matching Sentiment Around Its Earnings
Feb 12Here's Why Marathon Oil (NYSE:MRO) Has A Meaningful Debt Burden
Jan 01Marathon Oil: Opportunity To Buy An Energy Stock While Price Is Low And Demand Stabilizes
Dec 18Marathon Oil: Free Cash Flow Machine And Portfolio Hedge
Nov 05Marathon Oil: A Top-Tier Oil Play And Potential M&A Target
Oct 24Accelerating Cash Flow Makes Marathon A Buy
Sep 22Marathon Oil: Low Dividend Payout Is Not Helping The Long Narrative
Sep 03Marathon Oil: Risk Factors In Gas Valuation And Limited Returns (Rating Downgrade)
Aug 19CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$1b |
| Jun 30 2024 | n/a | n/a | US$1b |
| Mar 31 2024 | n/a | n/a | US$1b |
| Dec 31 2023 | US$13m | US$1m | US$2b |
| Sep 30 2023 | n/a | n/a | US$2b |
| Jun 30 2023 | n/a | n/a | US$2b |
| Mar 31 2023 | n/a | n/a | US$3b |
| Dec 31 2022 | US$12m | US$1m | US$4b |
| Sep 30 2022 | n/a | n/a | US$4b |
| Jun 30 2022 | n/a | n/a | US$3b |
| Mar 31 2022 | n/a | n/a | US$2b |
| Dec 31 2021 | US$13m | US$1m | US$946m |
| Sep 30 2021 | n/a | n/a | -US$41m |
| Jun 30 2021 | n/a | n/a | -US$542m |
| Mar 31 2021 | n/a | n/a | -US$1b |
| Dec 31 2020 | US$12m | US$1m | -US$1b |
| Sep 30 2020 | n/a | n/a | -US$1b |
| Jun 30 2020 | n/a | n/a | -US$651m |
| Mar 31 2020 | n/a | n/a | US$260m |
| Dec 31 2019 | US$14m | US$1m | US$480m |
| Sep 30 2019 | n/a | n/a | US$890m |
| Jun 30 2019 | n/a | n/a | US$979m |
| Mar 31 2019 | n/a | n/a | US$914m |
| Dec 31 2018 | US$12m | US$1m | US$1b |
| Sep 30 2018 | n/a | n/a | US$678m |
| Jun 30 2018 | n/a | n/a | -US$175m |
| Mar 31 2018 | n/a | n/a | -US$424m |
| Dec 31 2017 | US$10m | US$1m | -US$830m |
Compensation vs Market: Lee's total compensation ($USD12.83M) is about average for companies of similar size in the US market ($USD12.66M).
Compensation vs Earnings: Lee's compensation has been consistent with company performance over the past year.
CEO
Lee Tillman (62 yo)
11.3yrs
Tenure
US$12,830,222
Compensation
Mr. Lee M. Tillman has been the Chief Executive Officer, President and Director of Marathon Oil Corporation since August 1, 2013 and its Chairman since February 1, 2019. Mr. Tillman served as a Vice Presid...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 11.3yrs | US$12.83m | 0.21% $ 34.5m | |
| Executive Vice President of Operations | 4.5yrs | US$3.47m | 0.00092% $ 148.8k | |
| Executive VP | 3.8yrs | US$3.03m | 0.012% $ 2.0m | |
| Executive Vice President of Corporate Development & Strategy | 7yrs | US$3.55m | 0.020% $ 3.2m | |
| Executive VP & CFO | less than a year | no data | 0.0036% $ 588.9k | |
| VP, Controller & Chief Accounting Officer | less than a year | no data | 0.0083% $ 1.3m | |
| Senior VP of Technology & Innovation and Chief Information Officer | 11.4yrs | no data | no data | |
| Vice President of Investor Relations | 6.3yrs | no data | no data | |
| Senior Vice President of Human Resources | 2.8yrs | no data | no data |
4.5yrs
Average Tenure
54yo
Average Age
Experienced Management: MRO's management team is considered experienced (4.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 11.3yrs | US$12.83m | 0.21% $ 34.5m | |
| Independent Director | 1.9yrs | US$315.00k | 0.0029% $ 470.8k | |
| Independent Director | 10.8yrs | US$311.25k | 0.020% $ 3.2m | |
| Independent Director | 3.7yrs | US$317.00k | 0.0061% $ 985.2k | |
| Independent Lead Director | 9.9yrs | US$322.39k | 0.019% $ 3.1m | |
| Independent Director | 3.8yrs | US$311.25k | 0.0064% $ 1.0m | |
| Independent Director | 1.8yrs | US$275.42k | 0.0028% $ 446.5k | |
| Independent Director | 6.6yrs | US$310.00k | 0.012% $ 2.0m |
5.2yrs
Average Tenure
63yo
Average Age
Experienced Board: MRO's board of directors are considered experienced (5.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/11/21 01:43 |
| End of Day Share Price | 2024/11/21 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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
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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 46 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.
| Analyst | Institution |
|---|---|
| William Selesky | Argus Research Company |
| Finbarr MacCarthy | Atlantic Equities LLP |
| Ishan Majumdar | Baptista Research |