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Marathon Oil Corporation (MRO)

NYSE - NYSE Delayed Price. Currency in USD
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4.1400-0.1700 (-3.94%)
At close: 4:00PM EDT

4.1800 +0.04 (0.97%)
After hours: 7:59PM EDT

Marathon Oil Corporation

5555 San Felipe Street
Houston, TX 77056-2723
United States
713 629 6600

IndustryOil & Gas E&P
Full Time Employees2,000

Key Executives

NameTitlePayExercisedYear Born
Mr. Lee M. TillmanChairman, Pres & CEO3.44MN/A1962
Mr. Dane E. WhiteheadExec. VP & CFO1.27MN/A1961
Mr. Reginald D. HedgebethEVP, Gen. Counsel & Chief Admin. Officer1.27MN/A1968
Mr. Patrick J. WagnerExec. VP of Corp. Devel. & Strategy1.21MN/A1965
Mr. T. Mitchell LittleExec. VP and Advisor to CEO & E.G. Operations1.33MN/A1964
Amounts are as of December 31, 2019 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.


Marathon Oil Corporation operates as an independent exploration and production company in the United States and Equatorial Guinea. 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 well as owns and operates 32 central gathering and treating facilities and the Sugarloaf gathering system, a 42-mile natural gas pipeline through Karnes and Atascosa Counties. As of December 31, 2019, it had estimated proved developed reserves totaling 721 million barrels of oil equivalent (mmboe); and estimated proved undeveloped reserves totaling 484 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 December 9, 2019 is 3. The pillar scores are Audit: 2; Board: 7; Shareholder Rights: 4; Compensation: 2.

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.