Marathon Oil Company · Houston, TX United States
Company Description
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This link will open in a new window This marathon involves swimming upstream. Marathon Oil Company, founded in 1887, operates the upstream business of integrated oil concern Marathon Oil Corporation . The company focuses on oil and gas exploration and production in eight countries (Angola, Equatorial Guinea, Gabon, Ireland, Libya, Norway, the UK, and the US). In 2007 Marathon Oil Company reported proved reserves of 650 million barrels of oil and 3.5 trillion cu. ft. of natural gas. That year it also drilled 6,900 oil wells and more than 5,300 gas wells and had about 22.4 million gross acres of landholding worldwide. To read the full description, subscribe now.
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Key Marathon Oil Company Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Employees | 3,000 |
Marathon Oil Company Executives
6 executives listed for Marathon Oil Company's Houston, TX location.
| Title | Name & Bio | Contact |
| President and CEO | Clarence Cazalot | Network |
| EVP and CFO | Janet Clark | Network |
| EVP Upstream | David Roberts | Network |
Competition
Competitive Landscape for Marathon Oil Company
Demand for natural gas depends partly on the health of the US economy and partly on the price of crude oil, a competitive product. The profitability of natural gas companies depends largely on the efficiency of their operations. There are large economies of scale in the production, processing, and distribution of gas, but small companies can effectively compete with large ones in exploration, where technical ability is more important than size. To read the full description, subscribe now.Top Marathon Oil Company Competitors
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