Bullboard - Stock Discussion Forum Marathon Oil Corp MRO

Energy Oil & Gas E&P

Marathon Oil Corporation is an independent exploration and production company. The Company is focused on the United States resource plays, which include Eagle Ford in Texas, Bakken in North Dakota, Sooner Trend Anadarko Basin Canadian and Kingfisher Counties (STACK) and South-Central Oklahoma Oil Province (SCOOP) in Oklahoma and Permian in New Mexico and Texas. The Company operates through two... see more

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Marathon Oil Corp > Marathon Oil is an independent exploration and production c

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Post by jonathanS on Sep 29, 2022 8:11am

Marathon Oil is an independent exploration and production c

Its primary operations are in the U.S. and Equatorial Guinea. Its U.S. operations are focused on four basins: Eagle Ford in Texas, the Bakken in North Dakota, the STACK and SCOOP in Oklahoma, and the Permian in New Mexico. Marathon maintains a roughly 50/50 oil/natural gas and natural gas liquids production mix. Marathon reported Q2 2022 earnings results on Aug. 3. Net income soared more than 60-fold as revenue more than doubled YOY. Revenue from contracts with customers and income from equity investments increased significantly over the period

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