MARATHON OIL AT A GLANCE
Marathon Oil Corporation (NYSE:MRO) is an independent exploration and production (E&P) company focused on the most significant oil-rich resource plays in the U.S., with a strong international business in Equatorial Guinea. We’re based in Houston, Texas, and as of Dec. 31, 2018, we employed approximately 2,400 people worldwide who are committed to being responsible, safe and ethical.
Our strategy focuses on low-cost, high-margin U.S. resource plays, including the Eagle Ford in Texas, the Bakken in North Dakota, STACK and SCOOP in Oklahoma and the Permian in New Mexico. We have a very clear working definition of capital discipline that’s been our touchstone as we’ve successfully transitioned to our advantaged, multi-basin U.S. resource play model. Our framework for success comprises four objectives—corporate returns improvement through capital efficient oil growth, sustainable free cash flow at conservative pricing, prioritizing return of capital to shareholders and differentiated execution.
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