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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% undervalued
Profile
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

MRO (MRO) — Earnings Call Transcripts

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