Marathon Oil Corporation
Exchange: NYSESector: EnergyIndustry: Oil & Gas E&P
Marathon Oil is an independent oil and gas exploration and production (E&P) company focused on four of the most competitive resource plays in the U.S. - Eagle Ford, Texas ; Bakken, North Dakota ; Permian in New Mexico and Texas, and STACK and SCOOP in Oklahoma, complemented by a world-class integrated gas business in Equatorial Guinea. The Company's Framework for Success is founded in a strong balance sheet, ESG excellence, and the competitive advantages of a high-quality multi-basin portfolio. On May 28, 2024, Marathon Oil entered a merger agreement with ConocoPhillips. The transaction is expected to close late in the fourth quarter of 2024.
Did you know?
Generated $1.0 in free cash flow for every $1 of capital expenditure in FY23.
Current Price
$28.55
GoodMoat Value
$97.84
242.7% undervaluedProfile
Valuation (TTM)
Market Cap$15.97B
P/E12.01
EV$20.59B
P/B1.43
Shares Out559.38M
P/Sales2.37
Revenue$6.74B
EV/EBITDA4.77
Marathon Oil Corporation (MRO) Stock News
MRO Stock News & Headlines
Latest stock news and headlines for Marathon Oil Corporation (MRO). Stay informed on earnings reports, analyst upgrades and downgrades, market-moving events, and company announcements.
Current stock price: $28.55. Market cap: $15.97B. Sector: Energy. Industry: Oil & Gas E&P. This page aggregates the latest news articles relevant to MRO from financial news sources, helping investors stay current on events that may impact Marathon Oil Corporation's stock price.
News catalysts can drive significant short-term price movement. Earnings surprises, management changes, product launches, regulatory decisions, and analyst coverage changes all create opportunities and risks. Combine news monitoring with GoodMoat's fundamental analysis, quality scores, and valuation tools for a complete research workflow on Marathon Oil Corporation (MRO).