Marathon Oil Profit Margin 2010-2024 | MRO
Current and historical gross margin, operating margin and net profit margin for Marathon Oil (MRO) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Marathon Oil net profit margin as of September 30, 2024 is 28.52%.
| Sector |
Industry |
Market Cap |
Revenue |
| Oils/Energy |
Oil & Gas - US Integrated |
$15.639B |
$8.036B |
|
Marathon Oil Corporation is a leading oil and natural gas exploration and production company with operations in the United States and Africa. The company's business is organized into two segments: United States Exploration and Production, and International Exploration and Production. United States E&P: Marathon Oil's E&P activities in the United States deal with the exploration, production and marketing of liquid hydrocarbons and natural gas in several prolific resource plays including Bakken, Eagle Ford, Oklahoma and Northern Delaware. Marathon Oil's strategy over the last few years has been to reposition its upstream asset portfolio, to build an integrated natural gas business by investing in liquefied natural gas assets, and to strengthen its balance sheet. Meaningful progress has been made on each front.
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