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Marathon Oil Corp MRO Stock Quote

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Morningstar‘s Stock Analysis MRO

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Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Marathon Aims to Return at Least 40% of Its Operating Cash Flow to Shareholders

Business Strategy and Outlook

| Dave Meats, CFA |

Marathon has comprehensively reshuffled its portfolio in the past five to 10 years, discarding most of the conventional projects it historically focused on and doubling down on U.S. shale. The international assets it has retained, in Equatorial Guinea, will be harvested for cash flows that can be redeployed in the U.S. or returned to shareholders.

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Key Statistics MRO

Company Profile MRO

Business Description

Marathon is an independent exploration and production company primarily focusing on unconventional resources in the United States. At the end of 2021, the company reported net proved reserves of 1.1 billion barrels of oil equivalent. Net production averaged 347 thousand barrels of oil equivalent per day in 2021 at a ratio of 70% oil and NGLs and 31% natural gas.

Contact
990 Town and Country Boulevard
Houston, TX, 77024-2217
T +1 713 629-6600
Sector Energy
Industry Oil & Gas E&P
Most Recent Earnings Jun 30, 2022
Fiscal Year End Dec 31, 2022
Employees 1,531

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