Marathon Oil Corp
(NYSE: MRO)
36.05
+1.06
+3.03%
+1.06
+3.03%
MORE ON MRO
COMPANY INFORMATION
| Exchange: | New York Stock Exchange |
| Stock: | Marathon Oil Corp |
| Industry: | Oil & Gas E&P |
| Employees: | 3,367 |
DESCRIPTION
| Marathon Oil Corp was originally organized in 2001 as USX HoldCo, Inc., a wholly-owned subsidiary of the former USX Corporation. As a result of a reorganization completed in July 2001, USX HoldCo, Inc. became the parent entity of the consolidated enterprise and changed its name to USX Corporation. The Company is an integrated energy company with significant operations in the North America, Africa and Europe. The Company's operations consist of four operating segments: Exploration and Production- explores for and produces crude oil and natural gas on a worldwide basis; Oil Sands Mining; mines, extracts and transports bitumen from oil sands deposits in Alberta, Canada, and upgrades the bitumen to produce and market synthetic crude oil and vacuum gas oil; Refining, Marketing and Transportation- refines, markets and transports crude oil and petroleum products, primarily in the Midwest, the upper Great Plains and southeastern United States; and Integrated Gas- markets and transports natural gas and products manufactured from natural gas, such as liquefied natural gas and methanol on a worldwide basis. The Company's integrated gas operations include natural gas liquefaction and regasification operations, methanol operations, certain other gas processing facilities and pipeline operations, and marketing and transportation of natural gas. |
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