Stock Analysis on Net

Marathon Oil Corp. (NYSE:MRO)

Analysis of Revenues 

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Revenues as Reported

Marathon Oil Corp., income statement, revenues

US$ in millions

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12 months ended: Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Crude oil and condensate 4,165  2,462  4,285  4,835  3,477 
Natural gas liquids 655  247  312  504  338 
Natural gas 655  304  393  499  510 
Other 126  84  73  64  48 
Revenues 5,601  3,097  5,063  5,902  4,373 

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31).

Item Description The company
Revenues Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Marathon Oil Corp. revenues decreased from 2019 to 2020 but then increased from 2020 to 2021 exceeding 2019 level.