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Marathon Oil (Marathon Oil) Scaled Net Operating Assets : 0.83 (As of Dec. 2023)


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What is Marathon Oil Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Marathon Oil's operating assets for the quarter that ended in Dec. 2023 was $19,420 Mil. Marathon Oil's operating liabilities for the quarter that ended in Dec. 2023 was $2,942 Mil. Marathon Oil's Total Assets for the quarter that ended in Sep. 2023 was $19,919 Mil. Therefore, Marathon Oil's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.83.


Marathon Oil Scaled Net Operating Assets Historical Data

The historical data trend for Marathon Oil's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Marathon Oil Scaled Net Operating Assets Chart

Marathon Oil Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 0.75 0.79 1.00 0.83

Marathon Oil Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.95 0.86 0.84 0.84 0.83

Competitive Comparison of Marathon Oil's Scaled Net Operating Assets

For the Oil & Gas E&P subindustry, Marathon Oil's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Marathon Oil's Scaled Net Operating Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Marathon Oil's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Marathon Oil's Scaled Net Operating Assets falls into.



Marathon Oil Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Marathon Oil's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(19420-2942)/19940
=0.83

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=19575 - 155
=19420

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8370 - 3378 - 2050
=2942

Marathon Oil's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(19420-2942)/19919
=0.83

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=19575 - 155
=19420

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8370 - 3378 - 2050
=2942

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Marathon Oil Scaled Net Operating Assets Related Terms

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Marathon Oil (Marathon Oil) Business Description

Industry
Traded in Other Exchanges
Address
990 Town and Country Boulevard, Houston, TX, USA, 77024-2217
Marathon is an independent exploration and production company primarily focusing on unconventional resources in the United States. At the end of 2022, the company reported net proved reserves of 1.3 billion barrels of oil equivalent. Net production averaged 343 thousand barrels of oil equivalent per day in 2022 at a ratio of 70% oil and NGLs and 30% natural gas.
Executives
Dane E Whitehead officer: Executive VP and CFO C/O MARATHON OIL CORPORATION, 5555 SAN FELIPE ST, HOUSTON TX 77056
Michael A Henderson officer: Senior VP, Operations C/O MARATHON OIL CORPORATION, 5555 SAN FELIPE ST, HOUSTON TX 77056
Patrick Wagner officer: See Remarks 1401 MC KINNEY ST., SUITE 2400, HOUSTON TX 77010
Lee M Tillman director, officer: President and CEO C/O MARATHON OIL CORPORATION, 5555 SAN FELIPE ST., HOUSTON TX 77056
Rob L. White officer: VP, Controller & CAO C/O MARATHON OIL CORPORATION, 990 TOWN & COUNTRY BOULEVARD, HOUSTON TX 77024
Shawn D. Williams director 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Mark A Mccollum director 3000 NORTH SAM HOUSTON PARKWAY E., HOUSTON TX 77002
Kimberly O. Warnica officer: Senior VP & General Counsel 505 TRAILS END, HOUSTON TX 77024
Gary Eugene Wilson officer: VP, Controller & CAO C/O MARATHON OIL CORPORATION, 5555 SAN FELIPE ST., HOUSTON TX 77056
Holli C. Ladhani director 2800 POST OAK BLVD., SUITE 4500, HOUSTON TX 77056
Brent J Smolik director 1001 NOBLE ENERGY WAY, HOUSTON TX 77070
James Kent Wells director 1700 LINCOLN STREET, SUITE 2800, DENVER CO 80203-4535
Jason Few director 2201 COLQUITT STREET, HOUSTON TX 77098
Thomas Mitchell Little officer: Executive VP - Operations C/O MARATHON OIL CORPORATION, 5555 SAN FELIPE ST, HOUSTON TX 77056
M Elise Hyland director 625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222

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