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Marathon Oil Corp

MRO: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
$41.00WmbvSmjfbxr

ConocoPhillips Announces Acquisition of Marathon Oil

Business Strategy and Outlook

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

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