Marathon Oil (MRO) Revenue & Revenue Breakdown
Marathon Oil Revenue Highlights
Latest Revenue (Y)
$6.41B
Latest Revenue (Q)
$1.71B
Main Segment (Y)
International Exploration and Production
Main Geography (Y)
North America Exploration and Production
Marathon Oil Revenue by Period
Marathon Oil Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $6.41B | -15.03% |
| 2022-12-31 | $7.54B | 34.62% |
| 2021-12-31 | $5.60B | 80.85% |
| 2020-12-31 | $3.10B | -38.83% |
| 2019-12-31 | $5.06B | -14.22% |
| 2018-12-31 | $5.90B | 34.96% |
| 2017-12-31 | $4.37B | 8.48% |
| 2016-12-31 | $4.03B | -27.00% |
| 2015-12-31 | $5.52B | -49.09% |
| 2014-12-31 | $10.85B | -25.21% |
| 2013-12-31 | $14.50B | -7.57% |
| 2012-12-31 | $15.69B | 5.86% |
| 2011-12-31 | $14.82B | -79.87% |
| 2010-12-31 | $73.62B | 35.99% |
| 2009-12-31 | $54.14B | -31.09% |
| 2008-12-31 | $78.57B | 32.30% |
| 2007-12-31 | $59.39B | -8.49% |
| 2006-12-31 | $64.90B | 10.07% |
| 2005-12-31 | $58.96B | 29.74% |
| 2004-12-31 | $45.44B | 22.99% |
| 2003-12-31 | $36.95B | 34.51% |
| 2002-12-31 | $27.47B | -4.16% |
| 2001-12-31 | $28.66B | -4.91% |
| 2000-12-31 | $30.14B | 48.94% |
| 1999-12-31 | $20.24B | 11.54% |
| 1998-12-31 | $18.14B | 40.31% |
| 1997-12-31 | $12.93B | -4.66% |
| 1996-12-31 | $13.56B | 21.51% |
| 1995-12-31 | $11.16B | 9.28% |
| 1994-12-31 | $10.21B | -14.60% |
| 1993-12-31 | $11.96B | - |
Marathon Oil generated $6.41B in revenue during NA 2023, up -15.03% compared to the previous quarter, and up 108.56% compared to the same period a year ago.
Marathon Oil Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $1.71B | 10.99% |
| 2024-03-31 | $1.54B | -2.97% |
| 2023-12-31 | $1.58B | -10.50% |
| 2023-09-30 | $1.77B | 19.34% |
| 2023-06-30 | $1.48B | -5.30% |
| 2023-03-31 | $1.57B | -2.25% |
| 2022-12-31 | $1.60B | -20.17% |
| 2022-09-30 | $2.01B | -7.38% |
| 2022-06-30 | $2.17B | 23.11% |
| 2022-03-31 | $1.76B | 1.67% |
| 2021-12-31 | $1.73B | 20.45% |
| 2021-09-30 | $1.44B | 14.67% |
| 2021-06-30 | $1.25B | 6.54% |
| 2021-03-31 | $1.18B | 43.19% |
| 2020-12-31 | $822.00M | 8.02% |
| 2020-09-30 | $761.00M | 55.31% |
| 2020-06-30 | $490.00M | -52.15% |
| 2020-03-31 | $1.02B | -16.95% |
| 2019-12-31 | $1.23B | -1.28% |
| 2019-09-30 | $1.25B | -9.56% |
| 2019-06-30 | $1.38B | 15.08% |
| 2019-03-31 | $1.20B | -13.04% |
| 2018-12-31 | $1.38B | -10.27% |
| 2018-09-30 | $1.54B | 6.29% |
| 2018-06-30 | $1.45B | -5.86% |
| 2018-03-31 | $1.54B | 24.96% |
| 2017-12-31 | $1.23B | 5.85% |
| 2017-09-30 | $1.16B | 17.02% |
| 2017-06-30 | $993.00M | 0.51% |
| 2017-03-31 | $988.00M | -17.67% |
| 2016-12-31 | $1.20B | 9.09% |
| 2016-09-30 | $1.10B | 14.70% |
| 2016-06-30 | $959.00M | 24.22% |
| 2016-03-31 | $772.00M | -33.68% |
| 2015-12-31 | $1.16B | -15.90% |
| 2015-09-30 | $1.38B | -7.11% |
| 2015-06-30 | $1.49B | 0.40% |
| 2015-03-31 | $1.48B | -38.12% |
| 2014-12-31 | $2.40B | -16.45% |
| 2014-09-30 | $2.87B | -0.62% |
| 2014-06-30 | $2.89B | -14.30% |
| 2014-03-31 | $3.37B | 15.17% |
| 2013-12-31 | $2.93B | -22.74% |
| 2013-09-30 | $3.79B | -3.34% |
| 2013-06-30 | $3.92B | 1.24% |
| 2013-03-31 | $3.87B | -2.35% |
| 2012-12-31 | $3.96B | -1.88% |
| 2012-09-30 | $4.04B | 8.46% |
| 2012-06-30 | $3.72B | -6.01% |
| 2012-03-31 | $3.96B | 6.88% |
| 2011-12-31 | $3.71B | 0.84% |
| 2011-09-30 | $3.68B | -1.84% |
| 2011-06-30 | $3.75B | -82.12% |
| 2011-03-31 | $20.95B | 6.58% |
| 2010-12-31 | $19.65B | 5.80% |
| 2010-09-30 | $18.57B | 0.01% |
| 2010-06-30 | $18.57B | 10.43% |
| 2010-03-31 | $16.82B | 4.69% |
| 2009-12-31 | $16.07B | 10.98% |
| 2009-09-30 | $14.48B | 8.38% |
| 2009-06-30 | $13.36B | 28.98% |
| 2009-03-31 | $10.36B | -34.12% |
| 2008-12-31 | $15.72B | -31.98% |
| 2008-09-30 | $23.11B | 5.49% |
| 2008-06-30 | $21.91B | 22.95% |
| 2008-03-31 | $17.82B | 5.59% |
| 2007-12-31 | $16.88B | - |
Marathon Oil generated $1.71B in revenue during Q2 2024, up 10.99% compared to the previous quarter, and up 108.93% compared to the same period a year ago.
Marathon Oil Revenue Breakdown
Marathon Oil Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| International Exploration and Production | $208.00M | $22.00M | $23.00M | $29.00M | $461.00M |
Marathon Oil's latest annual revenue breakdown by segment (product or service), as of Dec 23: International Exploration and Production (100.00%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| International Exploration and Production | $116.00M | $128.00M | $71.00M | $4.00M | $5.00M | $5.00M | $5.00M | $7.00M | $5.00M | $5.00M | $6.00M | $5.00M | $7.00M | $7.00M | $7.00M | $7.00M | $8.00M | $65.00M | $77.00M | $181.00M |
| North America Exploration and Production | $1.18B | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Marathon Oil's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: North America Exploration and Production (91.05%), and International Exploration and Production (8.95%).
Marathon Oil Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| North America Exploration and Production | $6.20B | $809.00M | $632.00M | $275.00M | $349.00M |
Marathon Oil's latest annual revenue breakdown by geography, as of Dec 23: North America Exploration and Production (100.00%).
Quarterly Revenue by Country
| Country | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| International Exploration and Production | $61.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| North America Exploration and Production | $126.00M | $4.27B | $1.70B | $86.00M | $139.00M | $169.00M | $261.00M | $228.00M | $151.00M | $182.00M | $144.00M | $91.00M | $215.00M | $85.00M | $69.00M | $54.00M | $66.00M | $86.00M | $81.00M | $79.00M |
Marathon Oil's latest quarterly revenue breakdown by geography, as of Mar 24: North America Exploration and Production (67.38%), and International Exploration and Production (32.62%).
Marathon Oil Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| COP | ConocoPhillips | $82.16B | $14.14B |
| OXY | Occidental Petroleum | $28.26B | $5.97B |
| EOG | EOG Resources | $23.18B | $6.00B |
| DVN | Devon Energy | $15.26B | $3.74B |
| HES | Hess | $10.70B | $3.20B |
| FANG | Diamondback Energy | $8.34B | $2.48B |
| MRO | Marathon Oil | $6.41B | $1.71B |
| PR | Permian Resources | $3.12B | $1.25B |
| CTRA | Coterra Energy | $2.37B | $337.00M |
MRO Revenue FAQ
What is Marathon Oil’s yearly revenue?
Marathon Oil's yearly revenue for 2023 was $6.41B, representing a decrease of -15.03% compared to 2022. The company's yearly revenue for 2022 was $7.54B, representing an increase of 34.62% compared to 2021. MRO's yearly revenue for 2021 was $5.6B, representing an increase of 80.85% compared to 2020.
What is Marathon Oil’s quarterly revenue?
Marathon Oil's quarterly revenue for Q2 2024 was $1.71B, a 10.99% increase from the previous quarter (Q1 2024), and a 15.03% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $1.54B, a -2.97% decrease from the previous quarter (Q4 2023), and a -1.85% decrease year-over-year (Q1 2023). MRO's quarterly revenue for Q4 2023 was $1.58B, a -10.50% decrease from the previous quarter (Q3 2023), and a -1.12% decrease year-over-year (Q4 2022).
What is Marathon Oil’s revenue growth rate?
Marathon Oil's revenue growth rate for the last 3 years (2021-2023) was 14.39%, and for the last 5 years (2019-2023) was 26.55%.
What are Marathon Oil’s revenue streams?
Marathon Oil's revenue streams in c 23 are International Exploration and Production
What is Marathon Oil’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Marathon Oil was International Exploration and Production. This segment made a revenue of $208M, representing 100.00% of the company's total revenue.