Marathon Oil Corp.
Industry: Oil Gas Operations
Fortune Rank: 41
MRO is engaged in the worldwide exploration and production of crude oil and natural gas, the domestic refining, marketing, & transportation of petroleum products, and other energy related businesses. For the 6M ended 6/30/05, revenues rose 25% to $29.11B. Net income from rose 65% to $997M. Results reflect higher natural gas prices and increased refining product sales, and higher margins.
Marathon Oil Corporation (Marathon) is engaged in worldwide exploration and production of crude oil and natural gas. It operates through three segments: exploration and production (E&P), which explores for and produces crude oil and natural gas; refining, marketing and transportation (RM&T), which refines, markets and transports crude oil and petroleum products, and integrated gas (IG), which markets and transports natural gas and products manufactured from natural gas, such as liquefied natural gas (LNG) and methanol. The Company's principal operating subsidiaries are Marathon Oil Company and Marathon Ashland Petroleum LLC (MAP). During the year ended December 31, 2004, the Company's worldwide liquid hydrocarbon production averaged 170,000 barrels per day (bpd) and sales of natural gas production, including gas acquired for injection and subsequent resale, averaged 999 million cubic feet per day (mmcfd).
Marathon Oil Corp.
Marathon Oil Corp. is a Fortune 500 company. In 2010 Marathon Oil Corp. was ranked number 41 on the Fortune 500 list, making it the 41st largest company in the United States when judged by revenue.
Marathon Oil Corp. achieved revenue of $49,403.00 million in 2010 and earned a profit of $1,463.00 million.
Marathon Oil Corp.'s rank changes
The company's ranking in 2010 was a decline from 2009 when it was ranked 23rd on the Fortune 500. The Previous ranking was based on its 2009 revenue of $73,504 million (a change of -24 million compared to 2010) and profits of $3,528 million (a change of -2 million compared to 2010).
Another point of view
To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Marathon Oil Corp. would be ranked 91st rather than 41st due to its profits of $1,463 in 2010.
| Marathon Oil Corp. | Revenue* | Profit* | Fortune Ranking |
|---|---|---|---|
| 2010 | 49,403 | 1,463 | 41 |
| 2009 | 73,504 | 3,528 | 23 |
| 2008 | 60,044 | 3,956 | 36 |
| 2007 | 60,643 | 5,234 | 30 |
| 2006 | 58,958 | 3,032 | 23 |
* US$ Million
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Address
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Marathon Oil Corp.
5555 San Felipe Road
Houston
TX
77056
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Marathon Oil Corp.
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Contact Details
- Phone: 713-629-6600
- Fax: N/A
- Website: www.marathon.com
- Stock Symbol: MRO
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