MRO - Marathon Oil Corporation

NYSE - NYSE Delayed Price. Currency in USD

Marathon Oil Corporation

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

SectorEnergy
IndustryOil & Gas E&P
Full Time Employees2,400

Key Executives

NameTitlePayExercisedYear Born
Mr. Lee M. TillmanChairman, Pres & CEO3.63M5.77M1962
Mr. Dane E. WhiteheadExec. VP & CFO1.41MN/A1961
Mr. T. Mitchell LittleExec. VP of Operations1.47M1.58M1964
Mr. Reginald D. HedgebethEVP, Gen. Counsel, Sec. & Chief Admin. Officer1.31MN/A1968
Mr. Patrick J. WagnerExec. VP of Corp. Devel. & Strategy1.25M745.56k1965
Amounts are as of December 31, 2018 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 in the United States, Equatorial Guinea, the United Kingdom, and Libya. It operates in two segments, United States and International. The company engages in the exploration, production, and marketing of crude oil and condensate, natural gas liquids, and natural gas; and the production and marketing of products manufactured from natural gas, such as liquefied natural gas and methanol. As of December 31, 2018, it had estimated proved developed reserves totaling 752 million barrels of oil equivalent (mmboe); and estimated proved undeveloped reserves totaling 529 mmboe. 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 July 29, 2019 is 3. The pillar scores are Audit: 2; Board: 6; Shareholder Rights: 4; Compensation: 1.

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.