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Marathon Oil (Marathon Oil) 3-Year Dividend Growth Rate

: 72.40% (As of Dec. 2023)
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Marathon Oil's Dividends per Share for the three months ended in Dec. 2023 was $0.11.

The historical rank and industry rank for Marathon Oil's 3-Year Dividend Growth Rate or its related term are showing as below:

MRO' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -37   Med: 3.1   Max: 72.4
Current: 72.4

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Marathon Oil was 72.40% per year. The lowest was -37.00% per year. And the median was 3.10% per year.

MRO's 3-Year Dividend Growth Rate is ranked better than
86.89% of 305 companies
in the Oil & Gas industry
Industry Median: 14.5 vs MRO: 72.40

During the past 12 months, Marathon Oil's average Dividends Per Share Growth Rate was 28.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 72.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 18.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -10.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Marathon Oil's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.18. As of today, Marathon Oil's Dividend Yield % is 1.54%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Oil & Gas E&P subindustry, Marathon Oil's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution

For the Oil & Gas industry and Energy sector, Marathon Oil's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Marathon Oil's 3-Year Dividend Growth Rate falls into.



Marathon Oil 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Marathon Oil  (NYSE:MRO) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Marathon Oil's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.11/ 0.629
=0.17

During the past 13 years, the highest Dividend Payout Ratio of Marathon Oil was 0.50. The lowest was 0.06. And the median was 0.18.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Marathon Oil Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1102024-02-202024-02-212024-03-11Cash DividendquarterlyUSD:USD 1.000000
USD 0.1102023-11-142023-11-152023-12-11Cash DividendquarterlyUSD:USD 1.000000
USD 0.1002023-08-152023-08-162023-09-11Cash DividendquarterlyUSD:USD 1.000000
USD 0.1002023-05-162023-05-172023-06-12Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Marathon Oil's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.42/27.50
=1.53 %

Current Share Price is $27.50.
Marathon Oil's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.42.

During the past 13 years, the highest Dividend Yield of Marathon Oil was 10.10%. The lowest was 0.43%. And the median was 1.52%.

* 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 3-Year Dividend Growth Rate Related Terms>


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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