Stock Analysis on Net
Stock Analysis on Net

Marathon Oil Corp. (NYSE:MRO)

This company has been moved to the archive! The financial data has not been updated since August 4, 2022.

Common-Size Income Statement

Marathon Oil Corp., common-size consolidated income statement

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12 months ended: Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017
Revenues from contracts with customers 100.00 100.00 100.00 100.00 96.30
Marketing revenues 0.00 0.00 0.00 0.00 3.70
Revenues 100.00% 100.00% 100.00% 100.00% 100.00%
Net gain (loss) on commodity derivatives -6.84 3.75 -1.42 -0.24 0.00
Income (loss) from equity method investments 4.52 -5.20 1.72 3.81 5.85
Net gain (loss) on disposal of assets -0.34 0.29 0.99 5.40 1.33
Other income 0.27 0.81 1.22 2.54 1.78
Revenues and other income 97.61% 99.64% 102.51% 111.52% 108.96%
Production -9.53 -17.92 -14.06 -14.27 -16.14
Marketing, including purchases from related parties 0.00 0.00 0.00 0.00 -3.84
Shipping, handling and other operating -12.98 -19.24 -11.95 -9.74 -9.86
Exploration -2.43 -5.84 -2.94 -4.90 -9.35
Depreciation, depletion and amortization -36.89 -74.78 -47.34 -41.36 -54.24
Impairments -1.07 -4.65 -0.47 -1.27 -5.24
Taxes other than income -6.16 -6.46 -6.14 -5.07 -4.18
General and administrative -5.20 -8.85 -7.03 -6.68 -9.15
Costs and expenses -74.25% -137.75% -89.95% -83.28% -112.01%
Income (loss) from operations 23.35% -38.10% 12.56% 28.24% -3.04%
Interest income 0.02 0.16 0.49 0.54 0.78
Interest expense -4.59 -9.01 -5.53 -4.74 -8.62
Gain on interest rate swaps 0.96 0.39 0.00 0.00 1.21
Interest -3.61% -8.46% -5.04% -4.20% -6.63%
Net foreign currency gain 0.00 0.00 0.08 0.15 0.18
Other 0.25 0.19 0.14 0.22 0.27
Other 0.25% 0.19% 0.22% 0.37% 0.46%
Net interest and other -3.36% -8.27% -4.82% -3.83% -6.17%
Other net periodic benefit (costs) credits 0.09 -0.03 0.06 -0.24 0.00
Loss on early extinguishment of debt -2.16 -0.90 -0.06 0.00 -1.17
Income (loss) before income taxes 17.93% -47.30% 7.74% 24.18% -10.38%
(Provision) benefit for income taxes -1.04 0.45 1.74 -5.61 -8.60
Income (loss) from continuing operations 16.89% -46.85% 9.48% 18.57% -18.98%
Loss from discontinued operations 0.00 0.00 0.00 0.00 -111.89
Net income (loss) 16.89% -46.85% 9.48% 18.57% -130.87%

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).

Income statement item Description The company
Income (loss) from operations The net result for the period of deducting operating expenses from operating revenues. Marathon Oil Corp. income (loss) from operations as a percentage of revenues decreased from 2019 to 2020 but then increased from 2020 to 2021 exceeding 2019 level.
Income (loss) before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Marathon Oil Corp. income (loss) before income taxes as a percentage of revenues decreased from 2019 to 2020 but then increased from 2020 to 2021 exceeding 2019 level.
Net income (loss) The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Marathon Oil Corp. net income (loss) as a percentage of revenues decreased from 2019 to 2020 but then increased from 2020 to 2021 exceeding 2019 level.