Marathon Oil Corp Stock Research

Market Summary

USD23.26-0.07

Delayed

-0.30%

MRO Alerts

Big fall in earnings (Y/Y)

MRO Stock Price

MRO RSI Chart

MRO Valuation

Market Cap

16.6B

Price/Earnings (Trailing)

4.6

Price/Sales (Trailing)

2.07

EV/EBITDA

2.94

Price/Free Cashflow

4.18

MRO Price/Sales (Trailing)

MRO Profitability

EBT Margin

47.03%

Return on Equity

31.69%

Return on Assets

18.11%

Free Cashflow Yield

23.94%

MRO Fundamentals

MRO Revenue

Revenue (TTM)

8.0B

Revenue Y/Y

-4.6%

Revenue Q/Q

-3.06%

MRO Earnings

Earnings (TTM)

2.7B

Earnings Y/Y

-68.02%

Earnings Q/Q

-20.57%

Price Action

52 Week Range

19.2333.21

(Low)(High)

Last 7 days

0.8%

Last 30 days

-0.1%

Last 90 days

-9.1%

Trailing 12 Months

-21.0%

MRO Financial Health

Current Ratio

0.72

Debt/Equity

0.35

Debt/Cashflow

1.17

MRO Investor Care

Dividend Yield

1.5%

Dividend/Share (TTM)

0.35

Buy Backs (1Y)

15.08%

Diluted EPS (TTM)

4.12

Peers (Alternatives to Marathon Oil)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
XOM	424.4B	409.7B	-9.08%	11.41%	6.88	1.04	29.26%	139.20%
CVX	330.3B	246.3B	-7.17%	-10.49%	9.31	1.34	51.57%	126.98%
COP	133.7B	78.4B	1.37%	-6.28%	7.16	1.63	37.32%	23.22%
MPC	63.5B	176.6B	-11.20%	10.73%	4.37	0.35	29.47%	51.45%
MRO	16.6B	8.0B	-0.13%	-21.04%	4.6	2.07	29.33%	26.57%
APA	14.4B	11.9B	-5.54%	-26.42%	4.67	1.31	50.58%	232.96%
EQT	13.0B	12.3B	15.08%	-23.33%	2.9	1.06	50.60%	271.88%
MID-CAP
MUR	6.0B	4.2B	3.29%	-9.77%	6.27	1.43	35.99%	1164.88%
PBF	4.7B	46.8B	13.21%	25.75%	1.64	0.1	71.83%	1145.37%
OAS	4.4B	3.9B	-	-	4.99	1.94	103.95%	100.98%
KOS	3.4B	2.0B	2.93%	-17.82%	15.21	1.53	9.15%	2052.25%
CVI	2.9B	10.8B	-8.77%	-18.84%	6.19	0.26	32.59%	189.14%
CPE	2.0B	3.0B	2.53%	-40.76%	1.42	0.65	59.93%	186.57%
SMALL-CAP
CLMT	1.3B	4.6B	-8.51%	23.32%	-7.9	0.28	26.88%	80.48%

Financials for Marathon Oil

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Revenue	-0.9%	7,963	8,036	8,111	7,317	6,157
S&GA Expenses	2.9%	317	308	284	275	275
Costs and Expenses	3.1%	4,212	4,085	4,161	4,124	4,153
EBITDA	-1.3%	5,532	5,607	4,800	3,677	-
EBITDA Margin	-0.4%	0.69*	0.69*	0.64*	0.61*	-
Earnings Before Taxes	-6.9%	3,518	3,779	3,772	2,903	1,684
EBT Margin	1.1%	0.47*	0.47*	0.39*	0.28*	-
Net Income	-24.6%	2,725	3,612	3,736	3,103	2,153
Net Income Margin	-2.4%	0.45*	0.46*	0.42*	0.35*	-
Free Cahsflow	-1.9%	3,978	4,056	3,457	2,515	-

Balance Sheet					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Assets	0.4%	20,012	19,940	17,858	18,286	17,981
Current Assets	-3.9%	1,606	1,671	2,636	2,808	2,230
Cash Equivalents	-46.7%	178	334	1,109	681	-
Inventory	8.8%	136	125	103	93.00	78.00
Net PPE	0.5%	17,463	17,377	14,245	14,357	14,422
Liabilities	0.9%	8,624	8,543	6,671	6,754	6,615
Current Liabilities	-6.9%	2,146	2,306	2,431	2,377	2,021
LT Debt, Current	-67.4%	131	402	402	273	106
LT Debt, Non Current	3.7%	5,723	5,521	3,579	3,709	3,908
Shareholder's Equity	-0.1%	11,388	11,397	11,187	11,532	11,366
Retained Earnings	3.3%	11,017	10,663	10,196	9,433	8,523
Additional Paid-In Capital	-0.7%	7,149	7,203	7,196	7,186	7,178
Accumulated Depreciation	2.0%	24,346	23,876	23,458	23,116	22,753
Shares Outstanding	-4.7%	670	703	730	-	-

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Cashflow From Operations	-3.7%	5,226	5,428	5,447	4,707	3,684
Share Based Compensation	2.6%	39.00	38.00	39.00	41.00	43.00
Cashflow From Investing	-4.3%	-4,804	-4,605	-1,377	-1,221	-1,126
Cashflow From Financing	13.5%	-925	-1,069	-3,446	-3,294	-3,002
Dividend Payments	5.0%	231	220	209	194	170
Buy Backs	-9.4%	2,496	2,754	3,198	2,076	1,316

Risks for MRO

What is the probability of a big loss on MRO?

100%

Probability that Marathon Oil stock will be more than 20% underwater in next one year

74.2%

Probability that Marathon Oil stock will be more than 30% underwater in next one year.

42.3%

Probability that Marathon Oil stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does MRO drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Marathon Oil was unfortunately bought at previous high price.

Drawdowns

Returns for MRO

Cumulative Returns on MRO

-2.6%

10-Year Cumulative Returns

10.1%

7-Year Cumulative Returns

3.6%

5-Year Cumulative Returns

58.7%

3-Year Cumulative Returns

What are the long-term rolling returns for MRO?

FIve years rolling returns for Marathon Oil.

Annualized Returns

Which funds bought or sold MRO recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-05-23	Toroso Investments, LLC	added	28.23	202,000	1,698,000	0.03%
2023-05-23	3Chopt Investment Partners, LLC	new	-	495,708	495,708	0.26%
2023-05-22	Raleigh Capital Management Inc.	added	54.44	5,359	19,987	0.01%
2023-05-22	PUTNAM INVESTMENTS LLC	reduced	-10.9	-4,554,620	16,990,400	0.03%
2023-05-22	AMERIPRISE FINANCIAL INC	reduced	-9.62	-3,831,180	16,497,800	-%
2023-05-22	FDx Advisors, Inc.	unchanged	-	-	309,000	0.01%
2023-05-19	CHELSEA COUNSEL CO	new	-	718,800	718,800	0.35%
2023-05-18	SkyView Investment Advisors, LLC	new	-	2,000	2,000	-%
2023-05-18	JPMORGAN CHASE & CO	added	217	84,263,400	130,763,000	0.02%
2023-05-18	NEW YORK STATE COMMON RETIREMENT FUND	added	12.95	-12,000	45,623,000	0.06%

Latest Funds Activity

Are funds buying MRO calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own MRO

No. of Funds

MRO Alerts

Big fall in earnings (Y/Y)

Marathon Oil News

Schedule 13G FIlings of Marathon Oil

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2023	hotchkis & wiley capital management llc	1.91%	12,115,995	SC 13G/A
Feb 09, 2023	vanguard group inc	11.69%	74,255,910	SC 13G/A
Feb 08, 2023	state street corp	7.15%	45,384,352	SC 13G/A
Jan 24, 2023	blackrock inc.	9.3%	58,893,184	SC 13G
Feb 11, 2022	hotchkis & wiley capital management llc	6.65%	51,781,565	SC 13G/A
Feb 11, 2022	state street corp	6.16%	47,960,662	SC 13G/A
Feb 01, 2022	blackrock inc.	6.2%	47,975,299	SC 13G/A
Feb 12, 2021	macquarie group ltd	0.26%	2,101,821	SC 13G/A
Feb 11, 2021	hotchkis & wiley capital management llc	8.09%	63,889,061	SC 13G
Feb 10, 2021	vanguard group inc	10.58%	83,511,702	SC 13G/A

MRO Fair Value

Recent SEC filings of Marathon Oil

View All Filings

Date Filed	Form Type	Document
May 25, 2023	8-K	Current Report
May 04, 2023	10-Q	Quarterly Report
May 03, 2023	8-K	Current Report
Apr 12, 2023	ARS	ARS
Apr 12, 2023	DEF 14A	DEF 14A
Apr 12, 2023	DEFA14A	DEFA14A
Mar 30, 2023	4/A	Insider Trading
Mar 29, 2023	4	Insider Trading
Mar 27, 2023	144	Notice of Insider Sale Intent
Mar 15, 2023	4	Insider Trading

Latest Insider Trading transactions for MRO

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-03-27	White Rob L.	sold	-114,250	22.85	-5,000	vp, controller & cao
2023-03-01	Warnica Kimberly O.	sold (taxes)	-239,718	25.79	-9,295	see remarks
2023-03-01	SMOLIK BRENT J	acquired	-	-	7,754	-
2023-03-01	White Rob L.	sold (taxes)	-131,323	25.79	-5,092	vp, controller & cao
2023-03-01	TILLMAN LEE M	sold (taxes)	-1,349,490	25.79	-52,326	chairman, president and ceo
2023-03-01	Williams Shawn D.	acquired	-	-	7,108	-
2023-03-01	Henderson Michael A	sold (taxes)	-280,982	25.79	-10,895	executive vp, operations
2023-03-01	Whitehead Dane E	sold (taxes)	-453,130	25.79	-17,570	executive vp and cfo
2023-03-01	White Rob L.	acquired	-	-	8,724	vp, controller & cao
2023-03-01	White Rob L.	sold (taxes)	-148,473	25.79	-5,757	vp, controller & cao

About Marathon Oil

Lee M. Tillman

www.marathonoil.com

1530

Marathon Oil Corporation operates as an independent exploration and production company in the United States and internationally. 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. It also 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. The company was formerly known as USX Corporation and changed its name to Marathon Oil Corporation in December 2001. Marathon Oil Corporation was founded in 1887 and is headquartered in Houston, Texas.

MRO Income Statement

2023-03-31

Consolidated Statements of Income (Unaudited) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Revenues and other income:
Revenues from contracts with customers	$ 1,567	$ 1,761
Net gain (loss) on commodity derivatives	15	(143)
Income from equity method investments	80	127
Net gain on disposal of assets	5	0
Other income	13	8
Total revenues and other income	1,680	1,753
Costs and expenses:
Production	201	152
Shipping, handling and other operating	162	185
Exploration	15	11
Depreciation, depletion and amortization	520	423
Taxes other than income	95	104
General and administrative	82	73
Total costs and expenses	1,075	948
Income from operations	605	805
Net interest and other	(82)	(22)
Other net periodic benefit credits	3	4
Income before income taxes	526	787
Provision (benefit) for income taxes	109	(517)
Net income	$ 417	$ 1,304
Net income per share:
Basic (in dollars per share)	$ 0.66	$ 1.79
Diluted (in dollars per share)	$ 0.66	$ 1.78
Weighted average common shares outstanding:
Basic (in shares)	628	730
Diluted (in shares)	629	732

MRO Balance Sheet

2023-03-31

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 178	$ 334
Receivables, net	1,215	1,146
Inventories	136	125
Other current assets	77	66
Total current assets	1,606	1,671
Equity method investments	657	577
Property, plant and equipment, net of accumulated depreciation, depletion and amortization of $24,346 and $23,876	17,463	17,377
Other noncurrent assets	286	315
Total assets	20,012	19,940
Current liabilities:
Accounts payable	1,480	1,279
Payroll and benefits payable	41	90
Accrued taxes	176	171
Other current liabilities	318	364
Long-term debt due within one year	131	402
Total current liabilities	2,146	2,306
Long-term debt	5,723	5,521
Deferred tax liabilities	209	167
Defined benefit postretirement plan obligations	99	100
Asset retirement obligations	296	295
Deferred credits and other liabilities	151	154
Total liabilities	8,624	8,543
Commitments and contingencies (Note 21)
Stockholders’ Equity
Preferred stock – no shares issued or outstanding (no par value, 26 million shares authorized)	0	0
Common stock:
Issued – 937 million shares (par value $1 per share, 1.925 billion shares authorized at March 31, 2023 and December 31, 2022)	937	937
Held in treasury, at cost – 315 million shares and 304 million shares	(7,814)	(7,512)
Additional paid-in capital	7,149	7,203
Retained earnings	11,017	10,663
Accumulated other comprehensive income	99	106
Total stockholders’ equity	11,388	11,397
Total liabilities and stockholders’ equity	$ 20,012	$ 19,940