Marathon Oil (STU:USS) Cash And Cash Equivalents : €45 Mil (As of Mar. 2024)

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What is Marathon Oil Cash And Cash Equivalents?

Marathon Oil's quarterly cash and cash equivalents declined from Sep. 2023 (€163.04 Mil) to Dec. 2023 (€142.14 Mil) but then stayed the same from Dec. 2023 (€142.14 Mil) to Mar. 2024 (€45.08 Mil).

Marathon Oil's annual cash and cash equivalents declined from Dec. 2021 (€513.30 Mil) to Dec. 2022 (€315.30 Mil) and declined from Dec. 2022 (€315.30 Mil) to Dec. 2023 (€142.14 Mil).

Marathon Oil Cash And Cash Equivalents Historical Data

The historical data trend for Marathon Oil's Cash And Cash Equivalents 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 Cash And Cash Equivalents Chart

Marathon Oil Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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772.20

609.92

513.30

315.30

142.14

Marathon Oil Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															166.25	198.45	163.04	142.14	45.08

Marathon Oil Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Marathon Oil (STU:USS) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Marathon Oil Cash And Cash Equivalents Related Terms

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Marathon Oil (STU:USS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Marathon Oil Corp (STU:USS) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

MRO:USA MRO:Mexico USS:Germany M1RO34:Brazil

Address

990 Town and Country Boulevard, Houston, TX, USA, 77024-2217

Website

https://www.marathonoil.com

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.

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