Marathon Oil Corp.

Marathon Oil Corp.

Marathon Oil Corp.

Overview
Date Founded

1887

Headquarters

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

Type of Company

Public

Employees (Worldwide)

1,672

Industries

Oil & Gas
Power & Utilities

Company Description

Marathon Oil Corp. engages in the exploration, production, and marketing of liquid hydrocarbons and natural gas. It operates through the following two segments: United States (U. S.) and International. The U. S. segment engages in oil and gas exploration, development and production activities in the U.S. The International segment engages in oil and gas development and production across international locations primarily in Equatorial Guinea and the United Kingdom. The company was founded in 1887 and is headquartered in Houston, TX.

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Executives & Employees

Chairman, President & Chief Executive Officer

Executive Vice President & Chief Financial Officer

Senior Vice President, General Counsel & Secretary

Vice President, Controller & Chief Accounting Officer

Executive Vice President, Corporate Development & Strategy

Executive Vice President, Operations

Senior Vice President, Business Planning

Senior Vice President, Technology & Innovation & CIO

Vice President, Human Resources

Vice President, Operations

Board of Directors

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

Former Chief Executive Officer at EP Energy E&P Company LP

Director at Carbo Ceramics Inc.

President at Reef Services LLC

Trustee-Great Commission Foundation at Episcopal Diocese of Texas

Chief Commercial Officer at FuelCell Energy, Inc.

Former President of Commercial Operations at EQT Corp.

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 in-house 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. The goal of all H&W’s investment strategies is to provide clients with portfolios that offer attractive risk-adjusted returns relative to a specified benchmark. The firm seeks 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. Their capital income strategies invest in equity and high yield fixed income securities that generate current income and are attractively valued.

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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 aim 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 core investments usually have a 3 to 6 month expected time horizon. Their Energy Opportunities Funds seeks to achieve long-term capital appreciation and superior risk adjusted returns. The core investments will generally be directionally biased and have a 6- to 36-month expected time horizon. Both funds employ a fundamental bottom-up approach in their investment decision-making process and may invest in a wide variety of market capitalizations of 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. They may also invest in MLPs, royalty trusts, ETFs, listed and over-the-counter derivatives, private placements and other securities.

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HITE focuses exclusively on relative-value trading of master limited partnership and related securities (MLPs). In their hedged portfolios, where they are both long and short MLPs, they focus on minimizing the risks related to being long MLPs, and attempt to generate returns uncorrelated with any asset class. The firm also has a long-only unlevered trading strategy in MLPs for investors seeking unhedged exposure to MLPs that employs the same value-oriented analysis to identify trading and investing opportunities.

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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TotalEnergies SE, 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

Insider Transactions
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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
Legal Advisor

Senior Managing Director at Gavin/Solmonese LLC

Consultant

Chief Financial Officer, Executive Vice President at El Paso LLC

Advisor

Former Executive Vice Director at Marathon Oil Corp.

Clients

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.

Marathon Petroleum Corporation is an American petroleum refining, marketing, and transportation company headquartered in Findlay, Ohio. The company was a wholly owned subsidiary of Marathon Oil until a corporate spin-off in 2011. Following its acquisition of Andeavor on October 1, 2018, Marathon Petroleum became the largest petroleum refinery operator in the United States, with 16 refineries and over 3 million barrels per day of refining capacity. Marathon Petroleum ranked No. 41 on the 2018 Fortune 500 list of the largest United States corporations by total revenue. Marathon Petroleum's marketing system includes branded locations across the United States, including Marathon branded outlets. MPC also owns the general partner and majority limited partner interest in MPLX LP, a midstream company which owns and operates gathering, processing, and fractionation assets, as well as crude oil and light product transportation and logistics infrastructure.

Key Stats and Financials As of 2020
Market Capitalization
$10.9B
Total Enterprise Value
$10.1B
Earnings Per Share
$-1.83
Revenue
$3.1B
EBITDAMargin
46.82%
EBITDA
$1.45B
Net Profit
$-1.45B
Enterprise Value EBITDAOperating
6.86x
TEVNet Income
-6.95x
Debt TEV
0.55x
Enterprise Value / Sales
3.26x
Total Equity
$10.6B
Total Debt
$5.54B
Three Year Compounded Annual Growth Rate Of Revenue
-9.99%
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.

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TRC Cos., Inc. Management Consulting | Windsor, CT

TRC Cos., Inc. engages in the provision of technology-enabled solutions to the power, oil and gas, environmental, and infrastructure markets. It offers planning, engineering, operations support, and consulting services. The company was founded in 1961 and is headquartered in Windsor, CT.

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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