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Marathon Oil (Marathon Oil) Dividend Payout Ratio

: 0.18 (As of Dec. 2023)
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Marathon Oil's dividend payout ratio for the months ended in Dec. 2023 was 0.18.

The historical rank and industry rank for Marathon Oil's Dividend Payout Ratio or its related term are showing as below:

MRO' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.18   Max: 0.5
Current: 0.16


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.

MRO's Dividend Payout Ratio is ranked better than
85.78% of 450 companies
in the Oil & Gas industry
Industry Median: 0.44 vs MRO: 0.16

As of today (2024-04-19), the Dividend Yield % of Marathon Oil is 1.52%.

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

Marathon Oil's Dividends per Share for the months ended in Dec. 2023 was $0.11.

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.

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.

The growth rate is calculated with least square regression.

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


Marathon Oil Dividend Payout Ratio Historical Data

The historical data trend for Marathon Oil's Dividend Payout Ratio 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.32 - 0.10 0.06 0.17

Marathon Oil Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Payout Ratio 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 Premium Member Only Premium Member Only Premium Member Only 0.10 0.16 0.21 0.13 0.18

Competitive Comparison

For the Oil & Gas E&P subindustry, Marathon Oil's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution

For the Oil & Gas industry and Energy sector, Marathon Oil's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Marathon Oil's Dividend Payout Ratio falls into.



Marathon Oil Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

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

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=0.41/ 2.483
=0.17

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

* 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 (NYSE:MRO) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Marathon Oil Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Marathon Oil's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Marathon Oil (Marathon Oil) Business Description

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

Marathon Oil (Marathon Oil) Headlines