Marathon Oil Corporation (MRO) Stock

DelistedNYSE: MROMarathon Oil Corporation, an independent exploration and production company, engages in exploration, production, and marketing of crude oil and condensate, natural gas liquids, and natural gas in the United States and internationally.

28.61
Final close · Nov 22, 2024

MRO is no longer traded. Marathon Oil was acquired by ConocoPhillips (COP) on November 22, 2024.

Each MRO share was exchanged for 0.255 shares of ConocoPhillips common stock. Prices on this page are historical; the last trade was November 22, 2024 at $28.61.

See ConocoPhillips (COP) stock →

Marathon Oil stock price history

Split-adjusted closes, 1970–2024

MRO final trading statistics

Final close
$28.61
Final trading day
Nov 22, 2024
Market cap at delisting
$16.01B
Shares outstanding
559.41M
Final 52-week range
$21.81 – $30.06
Avg. volume (final 3 mo.)
5,421,887
All-time high (split-adj.)
$35.39 · Aug 2014
All-time low (split-adj.)
$0.25 · Mar 1980
Return since IPO
+2425.6%
Beta
2.16
Book value / share
$20.46
Price / book
1.40
Final 52 wk
21.8130.06

Marathon Oil earnings per share

Earnings per share

Marathon Oil revenue & net income

RevenueNet income

Marathon Oil annual financials

Marathon Oil Corporation revenue, net income and EPS by fiscal year
Fiscal yearRevenueNet incomeEPS
FY2023$6.41B$1.6B$2.61
FY2022$7.54B$3.6B$4.46
FY2021$5.60B$946.0M$1.59
FY2020$3.10B-$1.5B-$1.16
FY2019$5.06B$480.0M$0.55

Last five fiscal years reported before the delisting; fiscal year ending December. EPS is adjusted (non-GAAP) EPS as reported. Source: company filings via EODHD.

About Marathon Oil Corporation

Marathon Oil Corporation, an independent exploration and production company, engages in exploration, production, and marketing of crude oil and condensate, natural gas liquids, and natural gas in the United States and internationally. The company also produces and markets products manufactured from natural gas, such as liquefied natural gas and methanol. In addition, it owns and operates Sugarloaf gathering system, a natural gas pipeline. The company was formerly known as USX Corporation and changed its name to Marathon Oil Corporation in December 2001. Marathon Oil Corporation was founded in 1887 and is headquartered in Houston, Texas. As of November 22, 2024, Marathon Oil Corporation operates as a subsidiary of ConocoPhillips.

Marathon Oil stock FAQ

What happened to Marathon Oil stock?

Marathon Oil was acquired by ConocoPhillips (COP) on November 22, 2024. Shareholders received 0.255 shares of ConocoPhillips common stock for each share. MRO stock stopped trading on the NYSE, with a final close of $28.61 on November 22, 2024.

What did Marathon Oil shareholders receive?

Each MRO share was converted into 0.255 shares of ConocoPhillips common stock. The deal was valued at about $22.5 billion.

Is MRO stock still trading?

No. MRO was delisted from the NYSE on November 22, 2024 and no longer trades on a U.S. exchange. Former Marathon Oil shareholders received ConocoPhillips (COP) shares.

What was the last price of MRO stock?

MRO closed at $28.61 on its final trading day, November 22, 2024, for a market value of about $16.01B.

What were Marathon Oil's revenue and earnings in its last full fiscal year?

Marathon Oil reported revenue of $6.41B and net income of $1.6B in fiscal 2023, its last full year as a public company.

When did Marathon Oil go public?

Marathon Oil Corporation stock began trading on January 2, 1970.

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