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- Stock symbol: MRO
- 2007 Revenue: $65.2 billion
- Year Established: 1887
- Industry: Energy
- Phone: (713) 629-6600
- Fax: (713) 296-2952
- HQ: Houston, Texas
- Chairman: Thomas J. Usher
- President: Clarence P. Cazalot Jr.
- CEO: Clarence P. Cazalot Jr.
- CFO: Janet F. Clark
- Staff: 28,195
- Operates 7 refineries
- Refining capacity: 974,000 barrels crude/day
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Marathon Oil is a Houston-based oil and gas company. Marathon engages in exploration, production, refining, oil sands mining, as well as oil and gas marketing and production. It is the fifth largest oil refiner, and the fourth largest integrated oil company in the United States.
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Key Dates
- 1887: The Ohio Oil Company was founded
- 1889: Purchased by John D. Rockefeller's Standard Oil
- 1911: Standard Oil trust broken
- 1930: Marathon Oil branded
- 1965: Marathon Oil went public
- 1990: Moved headquarters to Houston
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Exploration
Marathon conducts oil and gas exploration in the United States, Norway, Equatorial Guinea, Angola, and the Tar Sands of Canada. -
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Marathon Oil Questions
What are the oil and natural gas resources in Nicaragua? 1 AnswerOil and gas exploring is being done offshore of Nicaragua in the Carribean sea. Infinity Energy Resources and MKJ exploration read more
where does crude oil come from? 1 AnswerThe belief is that crude is formed by organic compounds when intense heat and pressure are added to them. The oceans are full of fish, plankton, algae, etc. Wh... read more
How much oil does Norway export? 2 AnswersSomething in the range of 500,000 barrels per day. read more -
Marathon Oil Competitors
- Hess Corporation: Official Site | Wikipedia
- Motiva Enterprises: Official Site | Wikipedia
- Shell Oil Products: Official Site | Wikipedia
- ConocoPhillips: Official Site | Wikipedia
- ExxonMobile: Official Site | Wikipedia
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