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Marathon Oil Corporation (MRO)


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Marathon Oil Corporation

5555 San Felipe Street
Houston, TX 77056
United States
713-629-6600
http://www.marathonoil.com

SectorBasic Materials
IndustryIndependent Oil & Gas
Full Time Employees2,117

Key Executives

NameTitlePayExercisedAge
Mr. Lee M. TillmanChief Exec. Officer, Pres and Non-Independent Director2.61MN/A55
Mr. T. Mitchell LittleExec. VP of Operations1.12MN/A53
Mr. Patrick J. WagnerSr. VP of Corp. Devel. and Strategy794.19kN/A52
Ms. Catherine Lee KrajicekVP of Conventional Assets712.6kN/A55
Mr. Dane E. WhiteheadChief Financial Officer and Exec. VPN/AN/A56
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Marathon Oil Corporation operates as an energy company. It operates through three segments: North America E&P, International E&P, and Oil Sands Mining. The North America E&P segment develops, explores for, produces, and markets crude oil and condensate, natural gas liquids (NGLs), and natural gas in North America. The International E&P segment explores for, produces, and markets crude oil and condensate, NGLs, and natural gas in Equatorial Guinea, Gabon, the Kurdistan Region of Iraq, Libya, and the United Kingdom; and produces and markets products manufactured from natural gas, such as liquefied natural gas and methanol in Equatorial Guinea. The Oil Sands Mining segment 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. As of December 31, 2016, it had rights to participate in developed and undeveloped surface mineable leases totaling approximately 31,000 net acres. The company was formerly known as USX Corporation and changed its name to Marathon Oil Corporation in July 2001. Marathon Oil Corporation was founded in 1887 and is headquartered in Houston, Texas.

Corporate Governance

Marathon Oil Corporation’s ISS Governance QualityScore as of May 1, 2017 is 3. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 3; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.