May 18, 2013
(Energy and Capital, 12/6/12)
Getting in on Bakken and Eagle Ford investing early has been beneficial to Marathon Oil Corp. (NYSE: MRO).
(Energy and Capital, 10/17/12)
Even though it's selling 96,000 acres in Eagle Ford assets, Marathon Oil still plans to increase production...
(Investment Underground » Page n..., 9/3/12)
by Ramu Iyer Marathon Oil (MRO) reported results for the second quarter that were in line with analysts’ expectations. Profits decreased by over 60% to $393 million, while earnings...(read more)
Marathon Oil (MRO) Company Overview
Marathon Oil (NYSE:MRO) is a global integrated energy company that drills for, refines and sells oil and natural gas . Although the company sells some of the crude oil that it produces to other refineries, it makes most of its money from the sale of its finished petroleum products (gasoline, lubricants, heating oil) to resellers and to consumers through its own retail locations. The critical shortage of refining capacity within the U.S., where strict environmental regulations have prevented the construction of new refineries since 1976, and growing oil demand have supported healthy refining and marketing margins in recent years. Moreover, as oil prices have continued to rise, labor and technologically intensive projects such as deep sea drilling and oil sands have become more economically feasible. The company earned $53 billion in revenue and $1.5 billion in net income in 2009.(Read more at Wikinvest )
What's in this MRO analysis on Wikinvest...