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Marathon Oil Corp MRO

Morningstar Rating
$27.87 −0.02 (0.07%)
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Company Report

ConocoPhillips Announces Acquisition of Marathon Oil

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.

Price vs Fair Value

MRO is trading at a 98% premium.
Price
$27.87
Fair Value
$17.00
Uncertainty
High
1-Star Price
$46.59
5-Star Price
$15.20
Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Marathon's acreage in the Bakken and Eagle Ford plays overlaps the juiciest "sweet spots" and enables the firm to deliver initial production rates far above the respective averages.

Bears

Not all of Marathon's acreage is ideally located and well productivity could decline when the firm runs out of drilling opportunities in sweet spots.

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News

Trading Information

Previous Close Price
$27.89
Day Range
$27.6328.04
52-Week Range
$21.8130.06
Bid/Ask
$27.81 / $28.04
Market Cap
$15.59 Bil
Volume/Avg
4.4 Mil / 8.6 Mil

Key Statistics

Price/Earnings (Normalized)
9.95
Price/Sales
2.60
Dividend Yield (Trailing)
1.54%
Dividend Yield (Forward)
1.58%
Total Yield
19.41%

Company Profile

Marathon is an independent exploration and production company primarily focusing on unconventional resources in the United States. At the end of 2023, the company reported net proved reserves of 1.1 billion barrels of oil equivalent. Net production averaged 405 thousand barrels of oil equivalent per day in 2023 at a ratio of roughly 70% oil and NGLs and 30% natural gas.
Sector
Energy
Industry
Oil & Gas E&P
Stock Style Box
Mid Value
Total Number of Employees
1,681

Competitors

Valuation

Metric
MRO
OXY
EOG
Price/Earnings (Normalized)
9.9518.7110.67
Price/Book Value
1.422.382.55
Price/Sales
2.602.143.15
Price/Cash Flow
4.045.286.42
Price/Earnings
MRO
OXY
EOG

Financial Strength

Metric
MRO
OXY
EOG
Quick Ratio
0.470.521.87
Current Ratio
0.550.952.32
Interest Coverage
6.476.6162.85
Quick Ratio
MRO
OXY
EOG

Profitability

Metric
MRO
OXY
EOG
Return on Assets (Normalized)
7.49%4.28%16.00%
Return on Equity (Normalized)
13.20%14.61%25.23%
Return on Invested Capital (Normalized)
10.33%7.35%21.58%
Return on Assets
MRO
OXY
EOG
See how this stock stacks up to its competitors with Morningstar Investor

Oil & Gas E&P Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
ConocoPhillips
COP
QnxgvvzqYbdwh$129.1 Bil
EOG Resources Inc
EOG
YyjpghwwwDzwxpkb$73.1 Bil
Occidental Petroleum Corp
OXY
CwqhqtfvWydc$53.7 Bil
Hess Corp
HES
MclhxfcbVrbhpw$46.3 Bil
Diamondback Energy Inc
FANG
KbdbhtyggsZgkgsnc$35.8 Bil
Devon Energy Corp
DVN
LrknkzcdyRbgylv$29.1 Bil
EQT Corp
EQT
BkzfjhgrbJrmj$20.4 Bil
APA Corp
APA
TjyxsjmpHrq$11.6 Bil
Antero Resources Corp
AR
LwmtdfvcqKny$9.2 Bil

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