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What is 'Pawn Your Diamond'?
'Pawn Your Diamond' offers the community information
about the Fortune 500 companies.
Why the name?
The aim behind our name is to give young
entrepreneurs the incentive to start from scratch with
the hope that this small money they got from pawning a
diamond they had aside, grows and flourishes into a
multi billion dollar corporation.
Too dreamy?
Simply NOT. Such famous corporations did not exist
forever. Each and every foundation did start somewhere
and usually had one or a few founding members. So grab
the general concept and work hard!
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Fortune 500 - Spot Number 31
Company Information
Name: Marathon Oil Corp.
Industry: Oil & Gas Operations
Description: Marathon Oil Corporation (NYSE: MRO) is an integrated, international energy company engaged in the worldwide exploration, production and transportation of crude oil and natural gas.
Financial Summary: MRO is engaged in the worldwide exploration and production of crude oil and natural gas, the domestic refining, marketing, & transportation of petroleum products, and other energy related businesses. For the 6M ended 6/30/05, revenues rose 25% to $29.11B. Net income from rose 65% to $997M. Results reflect higher natural gas prices and increased refining product sales, and higher margins.
Business Summary: Marathon Oil Corporation (Marathon) is engaged in worldwide exploration and production of crude oil and natural gas. It operates through three segments: exploration and production (E&P), which explores for and produces crude oil and natural gas; refining, marketing and transportation (RM&T), which refines, markets and transports crude oil and petroleum products, and integrated gas (IG), which markets and transports natural gas and products manufactured from natural gas, such as liquefied natural gas (LNG) and methanol. The Company's principal operating subsidiaries are Marathon Oil Company and Marathon Ashland Petroleum LLC (MAP). During the year ended December 31, 2004, the Company's worldwide liquid hydrocarbon production averaged 170,000 barrels per day (bpd) and sales of natural gas production, including gas acquired for injection and subsequent resale, averaged 999 million cubic feet per day (mmcfd).
Misc Details
Symbol: MRO
City: Houston
State: TX
ZIP Code: 77056
Address: 5555 San Felipe Road
Phone: 713-629-6600
Fax: N/A
Website: http://www.marathon.com
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