Marathon Oil Corporation is a publicly traded company that reports its financial performance via its share information and revenues. According to its most recent records, Marathon Oil Corporation reported total revenues of $17.3 billion in the last quarter ending December 2021, as well as $2.25 billion in the period ending September 2022. These figures represent an increase from the previous quarters with a revenue of $1.75 billion for March 2022 and $1.73 billion for December 2021. The estimated revenue for February 2023 was reported to be around $2.05 billion based on the data published at the end of February 2023.
This data shows that Marathon Oil Corporation has been increasing its revenue consistently over the past few years and is on track to reach new heights in terms of overall revenue in 2023. This can be seen in their market cap which is currently at around US$16 Billion despite a recent drop due to market performance. Furthermore, their stock price has also been rising with a current price of US$25.86 per share, representing a 4% increase since the beginning of January 2020, when it was trading at US$24.77 per share.
Overall, Marathon Oil Corporation appears to be in good financial health with increasing revenues, strong market capitalization and steady stock prices throughout 2020-2021 period and forecasted continuing growth into 2022-2023 periods as well. This indicates that marathon has a solid financial foundation and should continue to perform positively going forward while providing investors with above average returns
