Marathon Oil Corporation operates as an independent exploration and production company in the United States and Equatorial Guinea.
Good value with moderate growth potential.
Share Price & News
How has Marathon Oil's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MRO's share price has been volatile over the past 3 months.
7 Day Return
US Oil and Gas
1 Year Return
US Oil and Gas
Return vs Industry: MRO underperformed the US Oil and Gas industry which returned -39.8% over the past year.
Return vs Market: MRO underperformed the US Market which returned 4.8% over the past year.
Price Volatility Vs. Market
How volatile is Marathon Oil's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StWhat Is Marathon Oil's (NYSE:MRO) P/E Ratio After Its Share Price Rocketed?
2 months ago | Simply Wall StHow Do Marathon Oil Corporation’s (NYSE:MRO) Returns On Capital Compare To Peers?
2 months ago | Simply Wall StDo Directors Own Marathon Oil Corporation (NYSE:MRO) Shares?
Is Marathon Oil undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MRO ($6.12) is trading below our estimate of fair value ($12.98)
Significantly Below Fair Value: MRO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MRO is poor value based on its PE Ratio (18.9x) compared to the Oil and Gas industry average (8.3x).
PE vs Market: MRO is poor value based on its PE Ratio (18.9x) compared to the US market (16.5x).
Price to Earnings Growth Ratio
PEG Ratio: MRO is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: MRO is good value based on its PB Ratio (0.4x) compared to the US Oil and Gas industry average (0.7x).
How is Marathon Oil forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MRO's forecast earnings growth (57.7% per year) is above the savings rate (2.2%).
Earnings vs Market: MRO's earnings (57.7% per year) are forecast to grow faster than the US market (22.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: MRO's revenue is expected to decline over the next 3 years (-15.4% per year).
High Growth Revenue: MRO's revenue is forecast to decline over the next 3 years (-15.4% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MRO is forecast to be unprofitable in 3 years.
How has Marathon Oil performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MRO has a large one-off loss of $81.0M impacting its March 31 2010 financial results.
Growing Profit Margin: MRO's current net profit margins (5.3%) are lower than last year (15.9%).
Past Earnings Growth Analysis
Earnings Trend: MRO has become profitable over the past 5 years, growing earnings by 44.3% per year.
Accelerating Growth: MRO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MRO had negative earnings growth (-71.6%) over the past year, making it difficult to compare to the Oil and Gas industry average (-21.6%).
Return on Equity
High ROE: MRO's Return on Equity (2.2%) is considered low.
How is Marathon Oil's financial position?
Financial Position Analysis
Short Term Liabilities: MRO's short term assets ($1.9B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: MRO's short term assets ($1.9B) do not cover its long term liabilities ($6.3B).
Debt to Equity History and Analysis
Debt Level: MRO's debt to equity ratio (46.2%) is considered high.
Reducing Debt: MRO's debt to equity ratio has increased from 31.2% to 46.2% over the past 5 years.
Debt Coverage: MRO's debt is well covered by operating cash flow (53.2%).
Interest Coverage: MRO's interest payments on its debt are not well covered by EBIT (2.2x coverage).
What is Marathon Oil current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MRO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MRO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MRO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MRO's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: MRO is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MRO's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Lee Tillman (58yo)
Mr. Lee M. Tillman has been the Chief Executive Officer, President and Director of Marathon Oil Corporation since August 1, 2013 and has been its Chairman since February 1, 2019. Mr. Tillman served as a Vi ...
CEO Compensation Analysis
Compensation vs Market: Lee's total compensation ($USD14.05M) is above average for companies of similar size in the US market ($USD7.32M).
Compensation vs Earnings: Lee's compensation has been consistent with company performance over the past year.
|Executive VP & CFO||3.33yrs||US$4.07m||0.035% $1.7m|
|EVP, General Counsel & Chief Administrative Officer||0.92yr||US$3.28m||0.018% $877.4k|
|Executive Vice President of Corporate Development & Strategy||2.67yrs||US$3.56m||0.028% $1.4m|
|Executive VP and Advisor to CEO & E.G. Operations||0.17yr||US$5.31m||0.041% $2.0m|
|Senior Vice President of Operations||0.17yr||no data||0.027% $1.3m|
|VP, Controller & Chief Accounting Officer||5.75yrs||no data||0.0079% $383.6k|
|Senior VP of Technology & Innovation and Chief Information Officer||3.92yrs||no data||no data|
|Vice President of Investor Relations||2yrs||no data||no data|
|Senior Vice President of Business Planning||0.33yr||no data||no data|
Experienced Management: MRO's management team is considered experienced (2.3 years average tenure).
|Independent Director||2.25yrs||US$343.75k||0.0076% $367.1k|
|Independent Director||6.5yrs||US$342.50k||0.0032% $156.7k|
|Lead Independent Director||1.42yrs||US$350.00k||0.0072% $346.8k|
|Independent Director||5.58yrs||US$350.00k||0.0026% $123.8k|
|Independent Director||1.25yrs||US$243.75k||no data|
|Independent Director||2.25yrs||US$337.50k||no data|
|Independent Director||1.25yrs||US$243.75k||no data|
Experienced Board: MRO's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Marathon Oil Corporation's company bio, employee growth, exchange listings and data sources
- Name: Marathon Oil Corporation
- Ticker: MRO
- Exchange: NYSE
- Founded: 1887
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: US$4.837b
- Shares outstanding: 790.31m
- Website: https://www.marathonoil.com
Number of Employees
- Marathon Oil Corporation
- 5555 San Felipe Street
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|MRO||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jan 1968|
|USS||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1968|
|MRO *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Jan 1968|
|0JY9||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Jan 1968|
|M1RO34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH REPR 1 COM||BR||BRL||Dec 2019|
Marathon Oil Corporation operates as an independent exploration and production company in the United States and Equatorial Guinea. The company engages in the exploration, production, and marketing of crude oil and condensate, natural gas liquids, and natural gas; and the production and marketing of products manufactured from natural gas, such as liquefied natural gas and methanol, as well as owns and operates 32 central gathering and treating facilities and the Sugarloaf gathering system, a 42-mile natural gas pipeline through Karnes and Atascosa Counties. As of December 31, 2019, it had estimated proved developed reserves totaling 721 million barrels of oil equivalent (mmboe); and estimated proved undeveloped reserves totaling 484 mmboe. The company was formerly known as USX Corporation and changed its name to Marathon Oil Corporation in July 2001. Marathon Oil Corporation was founded in 1887 and is headquartered in Houston, Texas.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/02 23:51|
|End of Day Share Price||2020/07/02 00:00|
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.