Marathon Oil Corp.

Marathon Oil Corp.

Marathon Oil Corp.

Overview
Date Founded

2001

Headquarters

5555 San Felipe Street, Houston, TX, 77056-2723, USA

Type of Company

Public

Employees (Worldwide)

2,000

Industries

Oil & Gas
Power & Utilities

Company Description

marathon oil corp Based in Houston, Texas, the Company has activity in North America, Europe and Africa. The Company has three reportable operating segments, each of which is organized and managed based primarily upon geographic location and the nature of the products and services it offers. The three segments are as follows: North America Exploration and Production (E&P) - explores for, produces and markets liquid hydrocarbons and natural gas in North America. International E&P – explores for, produces and markets liquid hydrocarbons and natural gas outside of North America and produces and markets products manufactured from natural gas, such as liquefied natural gas (LNG) and methanol in Equatorial Guinea. Oil Sands Mining – mines, extracts and transports bitumen from oil sands deposits in Alberta, Canada, and upgrades the bitumen to produce and market synthetic crude oil and vacuum gas oil.

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Executives & Employees

Chairman, President & Chief Executive Officer

Chief Financial Officer

Executive Vice President & Chief Financial Officer

General Counsel, Secretary & Senior Vice President-Human Resources & Public Affairs

Executive Vice President, General Counsel & Chief Administrative Officer

Chief Information Officer & Senior Vice President-Technology

Vice President, Controller & Chief Accounting Officer

Executive Vice President, Advisor to the Chief Executive Officer & E.G. Operations

Executive Vice President, Corporate Development & Strategy

Senior Vice President-Worldwide Exploration

Board of Directors

Chairman, President & Chief Executive Officer at Marathon Oil Corp.

Former Chairman of the Board, Chief Executive Officer at Baker Hughes Holdings LLC

Former President & Chief Executive Officer at Peabody Energy Corp.

Trustee-Great Commission Foundation at Episcopal Diocese of Texas

Former President of Commercial Operations at EQT Corp.

Chief Commercial Officer at FuelCell Energy, Inc.

Founder at Sallyport Investments LLC

Senior Vice President at BP Plc

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Owners & Shareholders
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H&W employs an active, team-based investment approach driven by fundamental research and bottom-up security selection. The firm offers value equity investment strategies across the market-cap spectrum, as well as strategies that emphasize income generation. Their investment focus is on equity securities, fixed-income securities, options, derivatives and other securities, depending on the investment objective of the client. H&W seek to invest in stocks whose future prospects are misunderstood or are not fully recognized by the market. For investments in fixed income securities, H&W develops an outlook for credit markets, interest rates, currency exchange rates and the economy, analyzes individual credit and call risks, and uses other security selection techniques. The proportion of assets allocated to investment in securities with particular characteristics (such as quality, sector, interest rate or maturity) varies based on the firm's outlook for the US economy and the economies of other countries in the world, the financial markets and other factors. H&W's capital income strategies invest in equity and high yield fixed income securities that generate current income and are attractively valued. The allocation between high yield and equity can vary over time depending on where the firm identifies compelling opportunities. For hedged value strategy, H&W invests in long and short positions in securities consisting principally, but not solely, of publicly traded US and non-US equity and equity-related securities. The firm may also invest in preferred stocks, private securities, convertible securities, warrants, options (including covered and uncovered puts and calls and overthe-counter options), futures, swaps and other derivative instruments, bonds and other fixed income securities, ETFs, mutual funds and money market instruments. They also engages in short selling, margin trading, hedging and other investment strategies. H&W is a signatory to the United Nations-supported Principles for Responsible Investment (UNPRI).

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Bridgeway employs disciplined, statistical process in long-term investing. As such, the firm applies a statistically driven, evidence-based approach to money management across a wide range of equity categories. A team of dedicated and talented staff oversee the development and maintenance of Bridgeway's statistical models which drive stock selection within each portfolio. All portfolios are constructed with the goal of providing superior risk-adjusted returns over a complete market cycle.

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SIR Capital Management manages privately-offered hedge funds that focus on investments in energy and related industries. The firm's hedged equity funds' investment objective is to achieve superior absolute returns that are not correlated with or dependent upon changes in commodity prices, the S&P 500 Index, energy equity indices or any other equity market index. The hedged equity funds seek lower risk exposure to principal and lower volatility than what is usually associated with equity-like returns. Equity securities in which the hedged equity funds may invest include companies involved in exploration and production, refining and marketing, oil field services, drilling, shipping, coal, chemicals, steel, engineering and construction, alternative energy and natural gas processing, transportation and distribution, as well as regulated utilities. The funds may invest in MLPs and LLCs taxed as partnerships, US royalty trusts and income trusts, ETFs, listed and over-the-counter derivatives, private placements and other securities.SIR Capital's Energy Opportunities Funds seek to achieve long term capital appreciation and superior risk adjusted returns by investing in a portfolio of securities of companies in the energy and related industries. The funds employ a traditional long/short hedge fund strategy, relying on fundamental research to identify absolute return opportunities in global energy equities and equities of issuers in related industries. The funds generally take long and short positions in companies that SIR believes are valued at a discount or a premium to their intrinsic value. A key objective of the portfolio construction process is to achieve long term capital appreciation while reducing the risk of significant loss. Equity securities in which the Energy Opportunities Funds may invest include companies involved in exploration and production, refining and marketing, oil field services, drilling, shipping, coal, chemicals, steel, engineering and construction, alternative energy and natural gas processing, transportation and distribution, as well as regulated utilities. The Energy Opportunities Funds may invest in MLPs, royalty trusts, ETFs, listed and over-the-counter derivatives, private placements and other securities.

Recent Transactions
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Abu Dhabi National Energy Co. PJSC purchases Marathon Oil KDV BV /Atrush Block from Marathon Oil Corp.

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Total SA, Total Holdings SAS purchase Marathon Oil Libya Ltd. from Marathon Oil Corp.

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Marathon Oil Corp. purchases Black Mountain Oil & Gas LLC /Permians Northern Delaware Basin from Black Mountain Oil & Gas LLC

Transaction Advisors
Legal Advisor

Advised on purchases Marathon Petroleum Corp. from Marathon Oil Corp.

Accountant

Advised onMarathon Oil Corp. purchases Marathon Ashland Petroleum LLC from Ashland LLC

Investment Advisor

Advised on purchases Marathon Petroleum Corp. from Marathon Oil Corp.

Legal Advisor

Advised onMarathon Oil Corp. purchases Western Oil Sands, Inc.

Counsel

Advised onMarathon Oil Corp. purchases Black Mountain Oil & Gas LLC /Permians Northern Delaware Basin from Black Mountain Oil & Gas LLC

Legal Advisor

Advised onMarathon Oil Corp. purchases Hilcorp Resources LLC from Hilcorp Energy Co., Kohlberg Kravis Roberts & Co. LP

Advisors & Consultants
Consultant

Chief Financial Officer, Executive Vice President at El Paso LLC

Legal Advisor

Senior Managing Director at Gavin/Solmonese LLC

Advisor

Executive Vice Director at Marathon Oil Corp.

Clients

Royal Dutch Shell Plc engages in the oil and natural gas production. It operates through the following segments: Integrated Gas, Upstream, Downstream, and Corporate. The Integrated Gas segment manages liquefied natural gas activities and the conversion of natural gas into gas to liquids fuels and other products. The Upstream segment manages the exploration for and extraction of crude oil, natural gas, and natural gas liquids. The Downstream segment manages different oil products and chemical activities as part of an integrated value chain, including trading activities, what turns crude oil and other feedstock into a range of products which are moved and marketed around the world for domestic, and industrial and transport use. The Corporate segment comprises holdings and treasury, self-insurance activities, and headquarters and central functions of the company. The company was founded in February 1907 and is headquartered in The Hague, Netherlands.

Koch Industries, Inc. began as Wood River Oil and Refining Co. in 1940. The company is based in Wichita, Kansas and is one of the largest private companies in America. Its major industries include refining, chemicals & biofuels, process & pollution control equipment and technologies, minerals, fertilizers, polymers & fibers, commodity trading & service, forest & consumer products, and ranching.Koch companies have supported education and social progress. These philanthropic efforts include support for educational institutions, foundations and programs that study and promote market-based solutions to societal challenge. Koch also works to protect, conserve and enhance natural resources; Koch companies around the world have earned awards for safety, environmental excellence, community stewardship, innovation and customer service since January 2009.

Headquartered in Findlay, Ohio in the heart of the Midwest, Marathon Petroleum Corporation (MPC) is the name of the parent company which includes several subsidiary companies including Marathon Petroleum Company LP, Marathon Pipe Line LLC, and Speedway LLC. MPC is the nation’s fifth largest refiner and the largest refiner in the Midwest. MPC’s refining, marketing and transportation operations are concentrated primarily in the Midwest, Gulf Coast and Southeast regions of the U.S. MPC operations are strategically located to serve major markets. They include a six-plant refining network, a comprehensive terminal and transportation system, and extensive wholesale and retail marketing operations. This includes both the Marathon Brand and MPC’s wholly owned retail marketing subsidiary, Speedway LLC, the nation’s fourth largest chain of company-owned and operated retail gasoline and convenience stores.

Key Stats and Financials As of 2019
Market Capitalization
$4.84B
Total Enterprise Value
$15.9B
Earnings Per Share
$0.59
Revenue
$5.06B
Net Profit
$480M
EBITDAMargin
60.12%
EBITDA
$3.04B
Enterprise Value EBITDAOperating
5.14x
Debt TEV
0.36x
TEVNet Income
33.02x
Enterprise Value Sales
3.13x
Total Equity
$12.2B
Total Debt
$5.71B
Non-Profit Donations & Grants
$5,000 - $10K
2019
$10K - $50K
2018
Political Donations
$1,000
2014
$500
2014
$500
2014
Investments
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Explorer Pipeline Co. owns and operates carrier pipeline system that transports refined petroleum products from the Gulf Coast to the Midwest through connections with other petroleum pipelines. It serves a number of residences in several states. The company was founded in 1972 and is headquartered in Tulsa, OK.

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Mascoma Corp. develops technology for abundant biomass conversion. The firm operates through its bioprocessing technology platform, develops bioengineered yeasts and other microorganisms. It also designs and manufactures equipment that processes cellulosic biomass for further biological or chemical conversion. The company was founded by Lee R. Lynd, Charles E. Wyman and Robert J. Johnsen in 2005 and is headquartered in Waltham, MA.

Suppliers
Aspen Aerogels, Inc. Plastics & Synthetics | Northborough, MA

Aspen Aerogels, Inc. engages in designing, developing, and manufacturing aerogel insulation used primarily in the energy infrastructure and building materials markets. Its products include Cryogel, Pyrogel, and Spaceloft. The company was founded by Hamed S. Borhanian, Patrick J. Piper, and Kang P. Lee on May 4, 2001 and is headquartered in Northborough, MA.

Financial Engines, Inc. Accounting & Financial Services | Sunnyvale, CA

Financial Engines, Inc. engages in the provision of technology-enabled financial advisory services. It also offers discretionary portfolio management, personalized investment advice, financial and retirement income planning, and financial education and guidance. The company was founded by William F. Sharpe, Joseph A. Grundfest, and Craig W. Johnson in 1996 and is headquartered in Sunnyvale, CA.

Ryder Scott Co. LP Management Consulting | Houston, TX

Ryder Scott Co. LP is a private company headquartered in Houston, TX, involved in business consulting services,.

Awards & Honors
Rank #438
2016
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
Rank #438
2016
Fortune Magazine - Fortune 500 Companies
Sponsored by Fortune Magazine
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