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Marathon Oil

Marathon Oil
Company nameMarathon Oil Corporation
Company typePublic
IndustryOil and gas industry
PredecessorThe Ohio Oil Company
Founded 1887
HeadquartersHouston, Texas
Key peopleThomas J. Usher
Clarence P. Cazalot, Jr.
(President) & (CEO)
Natural gas
Revenue(+) $ 77.193 billion (2008)
Operating income(+) $ 7.023 billion (2008)
Net income(-) $ 3.528 billion (2008)
Total assets(-) $ 42.686 billion (2008)
Total equity(+) $ 21.409 billion (2008)
Employees29,524 (2008)

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Marathon Oil Corporation (Nyse - MRO) is a United States-based oil and natural gas exploration and production company. Principal exploration activities are in the United States, Norway, Equatorial Guinea, Angola and Canada. Principal development activities are in the United States, the United Kingdom, Norway, Equatorial Guinea, and Gabon. Marathon's headquarters facility is the Marathon Oil Tower in Houston, Texas.

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