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 Stock Valuation Ratios (Price Multiples)
Quarterly Data

Microsoft Excel

Historical Valuation Ratios (Summary)

Marathon Oil Corp., historical price multiples (quarterly data)

Microsoft Excel
Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Price to earnings (P/E) 4.69 9.10 16.91 16.75 16.99 11.29 10.56 13.89 12.46 22.13
Price to operating profit (P/OP) 4.57 9.81 12.23 40.44 7.51 12.83 9.75 8.50 10.89 8.19 10.66 29.26 43.99
Price to sales (P/S) 2.05 3.17 2.86 2.75 2.32 2.79 2.84 0.97 1.12 0.89 1.61 1.93 1.88 2.28 2.31 2.61 3.31 3.37 2.95
Price to book value (P/BV) 1.26 1.72 1.50 1.19 0.87 0.85 0.83 0.31 0.40 0.36 0.67 0.82 0.85 1.04 1.13 1.25 1.47 1.38 1.10 1.11 0.86 0.97

Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. Marathon Oil Corp. P/E ratio decreased from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. Marathon Oil Corp. P/OP ratio decreased from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Marathon Oil Corp. P/S ratio increased from Q4 2021 to Q1 2022 but then decreased significantly from Q1 2022 to Q2 2022.
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. Marathon Oil Corp. P/BV ratio increased from Q4 2021 to Q1 2022 but then decreased significantly from Q1 2022 to Q2 2022.

Price to Earnings (P/E)

Marathon Oil Corp., historical P/E calculation (quarterly data)

Microsoft Excel
Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
No. shares of common stock outstanding1 677,583,502 707,690,859 730,765,163 778,536,897 788,398,843 788,153,032 789,075,988 789,391,520 789,439,221 790,312,454 795,849,999 799,928,541 804,042,151 817,916,151 818,504,459 831,275,876 854,147,498 853,194,016 849,755,866 849,663,522 849,834,915 849,991,741
Selected Financial Data (US$)
Net income (loss) (in millions) 966 1,304 649 184 16 97 (338) (317) (750) (46) (20) 165 161 174 390 254 96 356 (28) (599) (139) (4,957)
Earnings per share (EPS)2 4.58 3.04 1.29 -0.05 -0.69 -1.66 -1.84 -1.44 -0.82 0.33 0.60 1.11 1.22 1.12 1.34 0.82 -0.20 -0.48 -6.73 0.00 0.00 0.00
Share price1, 3 21.47 27.68 21.89 16.57 11.79 11.50 11.16 4.29 5.68 5.51 10.25 12.56 12.86 15.52 16.68 18.05 20.83 19.44 15.18 15.44 12.51 14.29
Valuation Ratio
P/E ratio4 4.69 9.10 16.91 16.75 16.99 11.29 10.56 13.89 12.46 22.13
Benchmarks
P/E Ratio, Competitors5
Chevron Corp. 10.19 16.06 16.81 22.09 54.58 43.40 70.06
ConocoPhillips 7.19 10.35 14.66 20.66 40.48 3,758.13 17.58 12.13 8.77
Exxon Mobil Corp. 9.74 14.98 14.11 42.32 25.86 16.34 15.64
Marathon Petroleum Corp. 5.70 4.63 4.32 4.30 4.53 11.68
Occidental Petroleum Corp. 5.94 8.51 23.89
Valero Energy Corp. 6.10 18.57 37.78 21.41 62.84 12.12

Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Data adjusted for splits and stock dividends.

2 Q2 2022 Calculation
EPS = (Net income (loss)Q2 2022 + Net income (loss)Q1 2022 + Net income (loss)Q4 2021 + Net income (loss)Q3 2021) ÷ No. shares of common stock outstanding
= (966,000,000 + 1,304,000,000 + 649,000,000 + 184,000,000) ÷ 677,583,502 = 4.58

3 Closing price as at the filing date of Marathon Oil Corp. Quarterly or Annual Report.

4 Q2 2022 Calculation
P/E ratio = Share price ÷ EPS
= 21.47 ÷ 4.58 = 4.69

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. Marathon Oil Corp. P/E ratio decreased from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.

Price to Operating Profit (P/OP)

Marathon Oil Corp., historical P/OP calculation (quarterly data)

Microsoft Excel
Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
No. shares of common stock outstanding1 677,583,502 707,690,859 730,765,163 778,536,897 788,398,843 788,153,032 789,075,988 789,391,520 789,439,221 790,312,454 795,849,999 799,928,541 804,042,151 817,916,151 818,504,459 831,275,876 854,147,498 853,194,016 849,755,866 849,663,522 849,834,915 849,991,741
Selected Financial Data (US$)
Income (loss) from operations (in millions) 1,294 805 739 347 105 117 (250) (242) (703) 15 73 237 255 71 467 423 205 572 208 (377) (26) 62
Operating profit per share2 4.70 2.82 1.79 0.41 -0.34 -1.37 -1.50 -1.09 -0.48 0.73 0.80 1.29 1.51 1.43 2.04 1.69 0.71 0.44 -0.16 0.00 0.00 0.00
Share price1, 3 21.47 27.68 21.89 16.57 11.79 11.50 11.16 4.29 5.68 5.51 10.25 12.56 12.86 15.52 16.68 18.05 20.83 19.44 15.18 15.44 12.51 14.29
Valuation Ratio
P/OP ratio4 4.57 9.81 12.23 40.44 7.51 12.83 9.75 8.50 10.89 8.19 10.66 29.26 43.99
Benchmarks
P/OP Ratio, Competitors5
Chevron Corp. 7.23 11.13 11.40 14.10 26.00 24.46 30.35
ConocoPhillips 4.72 6.75 8.66 11.68 17.96 71.79 6,288.41 10.11 7.27 6.04
Exxon Mobil Corp. 6.76 10.28 9.86 22.63 16.35 10.60 10.14
Marathon Petroleum Corp. 3.55 8.64 9.79 13.66 67.39 310.45 5.52
Occidental Petroleum Corp. 5.18 7.42 7.96 33.61 45.37
Valero Energy Corp. 4.36 11.28 16.50 487.32 944.75 23.43 10.75 21.60 7.65

Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Data adjusted for splits and stock dividends.

2 Q2 2022 Calculation
Operating profit per share = (Income (loss) from operationsQ2 2022 + Income (loss) from operationsQ1 2022 + Income (loss) from operationsQ4 2021 + Income (loss) from operationsQ3 2021) ÷ No. shares of common stock outstanding
= (1,294,000,000 + 805,000,000 + 739,000,000 + 347,000,000) ÷ 677,583,502 = 4.70

3 Closing price as at the filing date of Marathon Oil Corp. Quarterly or Annual Report.

4 Q2 2022 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 21.47 ÷ 4.70 = 4.57

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. Marathon Oil Corp. P/OP ratio decreased from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.

Price to Sales (P/S)

Marathon Oil Corp., historical P/S calculation (quarterly data)

Microsoft Excel
Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
No. shares of common stock outstanding1 677,583,502 707,690,859 730,765,163 778,536,897 788,398,843 788,153,032 789,075,988 789,391,520 789,439,221 790,312,454 795,849,999 799,928,541 804,042,151 817,916,151 818,504,459 831,275,876 854,147,498 853,194,016 849,755,866 849,663,522 849,834,915 849,991,741
Selected Financial Data (US$)
Revenues (in millions) 2,168 1,761 1,732 1,438 1,254 1,177 822 761 490 1,024 1,233 1,249 1,381 1,200 1,380 1,538 1,447 1,537 1,230 1,162 993 988
Sales per share2 10.48 8.74 7.66 6.03 5.09 4.12 3.92 4.44 5.06 6.18 6.36 6.51 6.84 6.80 7.21 6.92 6.29 5.77 5.15 0.00 0.00 0.00
Share price1, 3 21.47 27.68 21.89 16.57 11.79 11.50 11.16 4.29 5.68 5.51 10.25 12.56 12.86 15.52 16.68 18.05 20.83 19.44 15.18 15.44 12.51 14.29
Valuation Ratio
P/S ratio4 2.05 3.17 2.86 2.75 2.32 2.79 2.84 0.97 1.12 0.89 1.61 1.93 1.88 2.28 2.31 2.61 3.31 3.37 2.95
Benchmarks
P/S Ratio, Competitors5
Chevron Corp. 1.44 1.86 1.69 1.63 1.69 2.19 2.09 1.29 1.42 1.24 1.46
ConocoPhillips 1.75 2.47 2.58 2.67 2.56 3.35 3.52 1.50 1.66 1.48 1.94
Exxon Mobil Corp. 1.08 1.26 1.17 1.12 1.12 1.43 1.34 0.72 0.87 0.75 0.88
Marathon Petroleum Corp. 0.29 0.37 0.35 0.39 0.40 0.55 0.51 0.25 0.26 0.17 0.25
Occidental Petroleum Corp. 1.80 1.92 1.40 1.42 1.26 1.51 1.39 0.57 0.71 0.52 1.44
Valero Energy Corp. 0.28 0.36 0.31 0.34 0.34 0.48 0.48 0.19 0.26 0.25 0.27

Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Data adjusted for splits and stock dividends.

2 Q2 2022 Calculation
Sales per share = (RevenuesQ2 2022 + RevenuesQ1 2022 + RevenuesQ4 2021 + RevenuesQ3 2021) ÷ No. shares of common stock outstanding
= (2,168,000,000 + 1,761,000,000 + 1,732,000,000 + 1,438,000,000) ÷ 677,583,502 = 10.48

3 Closing price as at the filing date of Marathon Oil Corp. Quarterly or Annual Report.

4 Q2 2022 Calculation
P/S ratio = Share price ÷ Sales per share
= 21.47 ÷ 10.48 = 2.05

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Marathon Oil Corp. P/S ratio increased from Q4 2021 to Q1 2022 but then decreased significantly from Q1 2022 to Q2 2022.

Price to Book Value (P/BV)

Marathon Oil Corp., historical P/BV calculation (quarterly data)

Microsoft Excel
Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
No. shares of common stock outstanding1 677,583,502 707,690,859 730,765,163 778,536,897 788,398,843 788,153,032 789,075,988 789,391,520 789,439,221 790,312,454 795,849,999 799,928,541 804,042,151 817,916,151 818,504,459 831,275,876 854,147,498 853,194,016 849,755,866 849,663,522 849,834,915 849,991,741
Selected Financial Data (US$)
Stockholders’ equity (in millions) 11,532 11,366 10,686 10,796 10,634 10,671 10,561 10,892 11,175 11,958 12,153 12,271 12,101 12,208 12,128 12,044 12,132 12,034 11,708 11,775 12,405 12,584
Book value per share (BVPS)2 17.02 16.06 14.62 13.87 13.49 13.54 13.38 13.80 14.16 15.13 15.27 15.34 15.05 14.93 14.82 14.49 14.20 14.10 13.78 13.86 14.60 14.80
Share price1, 3 21.47 27.68 21.89 16.57 11.79 11.50 11.16 4.29 5.68 5.51 10.25 12.56 12.86 15.52 16.68 18.05 20.83 19.44 15.18 15.44 12.51 14.29
Valuation Ratio
P/BV ratio4 1.26 1.72 1.50 1.19 0.87 0.85 0.83 0.31 0.40 0.36 0.67 0.82 0.85 1.04 1.13 1.25 1.47 1.38 1.10 1.11 0.86 0.97
Benchmarks
P/BV Ratio, Competitors5
Chevron Corp. 1.93 2.25 1.89 1.61 1.47 1.59 1.50 1.02 1.21 1.17 1.42 1.48 1.45 1.43
ConocoPhillips 2.28 2.70 2.61 2.19 1.69 1.74 2.22 1.02 1.28 1.40 1.80 1.72 1.98 2.11
Exxon Mobil Corp. 2.14 2.28 1.93 1.69 1.52 1.64 1.53 0.79 1.03 1.02 1.17 1.59 1.56 1.71
Marathon Petroleum Corp. 1.77 2.09 1.61 1.41 1.20 1.80 1.60 0.92 1.06 0.83 0.91 1.31 0.98 1.03
Occidental Petroleum Corp. 2.18 2.24 1.79 1.67 1.35 1.36 1.33 0.57 0.66 0.39 0.86 1.10 1.80 2.07
Valero Energy Corp. 2.06 2.51 1.91 1.84 1.57 1.70 1.65 0.77 1.16 1.43 1.35 1.97 1.49 1.65

Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

1 Data adjusted for splits and stock dividends.

2 Q2 2022 Calculation
BVPS = Stockholders’ equity ÷ No. shares of common stock outstanding
= 11,532,000,000 ÷ 677,583,502 = 17.02

3 Closing price as at the filing date of Marathon Oil Corp. Quarterly or Annual Report.

4 Q2 2022 Calculation
P/BV ratio = Share price ÷ BVPS
= 21.47 ÷ 17.02 = 1.26

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. Marathon Oil Corp. P/BV ratio increased from Q4 2021 to Q1 2022 but then decreased significantly from Q1 2022 to Q2 2022.