Marathon Oil Corp.    

 
NYSE: MRO

Address:

5555 San Felipe Rd.

Houston, TX 77056-2723

United States

Phone:
(713) 629-6600

Company description

Marathon Oil Corp. was originally organized in 2001, as USX HoldCo, Inc., a wholly-owned subsidiary of the former USX Corp. It refines, markets and transports crude oil and petroleum products. Marathon's operations consist of four reportable operating segments: exploration and production; oil sands mining; refining, marketing and transportation; and integrated gas. Exploration, development and production activities are conducted in 10 countries: the United States, Angola, Canada, Equatorial Guinea, Gabon, Indonesia, Ireland, Libya, Norway and the United Kingdom. As of December, 2008, the company owned and operated seven refineries in the Gulf Coast, Midwest and upper Great Plains. Refined products are supplied to resellers and consumers within 23 states. Historically, after a reorganization in July, 2001, USX HoldCo, Inc. became the parent entity and the former USX Corp. was merged into a subsidiary of USX HoldCo Inc.; USX HoldCo, Inc. then changed its name to USX Corp., then Marathon Oil Corp. As a result of the USX separation, Marathon and United States Steel became separate companies. In 2005, the company acquired 38-percent ownership interest in Marathon Ashland Petroleum LLC (MAP), a portion of Ashland's Valvoline Instant Oil Change business, and other interests, effectively making MAP wholly owned by Marathon. In 2007, it acquired Western Oil Sands Inc. The company's retail outlets operate under the Speedway and SuperAmerica brands.

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News and information about Marathon Oil Corp.

Form 8-K: Marathon Oil Files Current Report
US Fed News Service, Including US State News; February 15, 2018; 318 words
WASHINGTON, Feb. 15 -- Marathon Oil Corp, Houston, files Form 8-K (current report) with Securities...Operations and Financial Condition.On February 14, 2018, Marathon Oil Corporation issued a press release announcing results for the...
Pollution and Southwest Detroit
Arab American News; February 3, 2018; 700+ words
...Detroit and former Michigan state representative, cites the Marathon Oil Refinery, The Detroit Intermodal Freight Terminal, the...as main polluters that have led to these health issues.Marathon Oil, located on Fort Street, produces up to 140,000 barrels...
Japan-Alaska's Old and Reliable Trading Partner: Since Statehood in 1959, Japan Remains among Alaska's Largest Trading Partners
Alaska Business Monthly; February 1, 2018; 700+ words
...pollution, which was then a serious problem. In 1967, the Japanese companies signed an agreement with Phillips Petroleum and Marathon Oil, which went into a partnership to build a LNG facility that would export the product to Japan. At that time it was world...
Gift Card Alert: Third Circuit Confirms States Can Audit Gift Card Subsidiaries, but Emphasizes Limits
Mondaq Business Briefing; January 31, 2018; 700+ words
...examines the recent Third Circuit ruling in Marathon Oil v. State of Delaware, including some...to the dollar amounts they recover. Marathon Oil and Speedway are Delaware corporations...further proceedings. Takeaways from Marathon Oil Private companies can sue states to...
Form 8-K: Sundance Strategies Files Current Report
US Fed News Service, Including US State News; January 13, 2018; 491 words
...Earlier in his career, Mr. Farnsworth served as CFO within the Rheinmetall Group and as an International Auditor with Marathon Oil Company. He holds a BS degree in Accounting from Brigham Young University and an MBA degree from Ohio State University in...
Dr. Linda Capuano Begins as New Eia Administrator
US Fed News Service, Including US State News; January 11, 2018; 681 words
...to successful commercialization. She previously served as an officer and company vice president of technology at Marathon Oil Corp.; senior vice president of engineering design at Solectron Flextronics; executive vice president and chief technology...
Marathon Oil, Texas Aandm Partner on Unconventional Reservoir Research Program
States News Service; December 27, 2017; 700+ words
...AandM Engineering Experiment Station and Marathon Oil Corporation have initiated an impressive...chemical engineering, as well as a team of Marathon Oil engineers, geologists and geophysicists...is we are working very closely with Marathon Oil," said Hill. "They will share current...
Attack on Libyan Crude Pipeline Cuts Output by Up to 100,000 Bpd
Cyprus Mail (Cyprus); December 26, 2017; 409 words
...a year ago. The operator of the pipeline is Waha, a subsidiary of the NOC and a joint venture with Hess Corp, Marathon Oil Corp and ConocoPhillips. Waha pumps a total 260,000 barrels a day, its chairman said last month. The North African...

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Industry information

NAICS codes 
North American Industry Classification System (NAICS) codes are used to classify businesses for the purpose of collecting statistical data related to the U.S. economy. NAICS codes have been assigned to international companies to help organize all companies by type of activity.  

Primary: 324110 - Petroleum Refineries

211111 - Crude Petroleum and Natural Gas Extraction

324121 - Asphalt Paving Mixture and Block Manufacturing

325998 - All Other Miscellaneous Chemical Product and Preparation Manufacturing


 

SIC codes 
Standard Industrial Classification (SIC) codes classify establishments by their primary type of activity. SIC codes are a U.S. Census Bureau system but can apply to international companies.  

Primary: 2911 - Petroleum Refining industry report

1311 - Crude Petroleum and Natural Gas industry report

2899 - Chemicals and Chemical Preparations, NEC industry report

2951 - Asphalt Paving Mixtures and Blocks industry report