Douglas Foshee - Marathon Oil Independent Director

MRO Stock  USD 28.55  0.37  1.28%   

Director

Mr. Douglas L. Foshee is appointed as an Independent Director of the Company effective April 1, 2018. He is founder and owner of Sallyport Investments. He previously served as chairman, president and chief executive officer of El Paso Corporation until its merger with Kinder Morgan in 2012. He also served as a director of El Paso Pipeline GP Company, L.L.C., the general partner of El Pasos publicly traded master limited partnership, El Paso Pipeline Partners, L.P. Prior to joining El Paso in 2003, he worked for Halliburton Company in various roles including executive vice president and chief operating officer, and executive vice president and chief financial officer. Prior to Halliburton, he was president, CEO and chairman of Nuevo Energy Company from 1998 to 2000, and served in various positions including chief operating officer and CEO at Torch Energy Advisors from 1993 to 1997 since 2018.
Age 60
Tenure 6 years
Professional MarksMBA
Address 990 Town and Country Boulevard, Houston, TX, United States, 77024-2217
Phone713 629 6600
Webhttps://www.marathonoil.com
Foshee is a founder and director of NextOp Vets and founder of Houstonians for Great Public Schools. He is an executive board member of KIPP Houston, serves on the board of trustees of Rice University and is on the council of overseers of the Jesse H. Jones Graduate School of Management at Rice University. He holds an MBA from Rice University and a bachelor’s degree from Southwest Texas State University. Foshee also serves as a board member for various charitable and nonprofit organizations, including the Texas Business Hall of Fame Foundation, Welch Foundation and the Houston Endowment. As a former chairman, president and CEO of a public oil and gas exploration and production company with over 30 years of energy industry experience, Mr. Foshee has a comprehensive knowledge and understanding of our business, provides superb leadership to our management team, and provides the Board with essential insight and guidance from an inside perspective on the daytoday operations of our Company.

Marathon Oil Management Efficiency

The company has Return on Asset of 0.0596 % which means that on every $100 spent on assets, it made $0.0596 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1174 %, implying that it generated $0.1174 on every 100 dollars invested. Marathon Oil's management efficiency ratios could be used to measure how well Marathon Oil manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Marathon Oil's Return On Tangible Assets are very stable compared to the past year. As of the 22nd of November 2024, Return On Assets is likely to grow to 0.08, while Return On Capital Employed is likely to drop 0.11. At this time, Marathon Oil's Return On Assets are very stable compared to the past year.
Marathon Oil has 5.43 B in debt with debt to equity (D/E) ratio of 0.37, which is OK given its current industry classification. Marathon Oil has a current ratio of 1.06, demonstrating that it may not be capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Marathon to invest in growth at high rates of return.

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Marathon Oil Corporation operates as an independent exploration and production company in the United States and internationally. Marathon Oil Corporation was founded in 1887 and is headquartered in Houston, Texas. Marathon Oil operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 1531 people. Marathon Oil (MRO) is traded on New York Stock Exchange in USA. It is located in 990 Town and Country Boulevard, Houston, TX, United States, 77024-2217 and employs 1,681 people. Marathon Oil is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

Marathon Oil Leadership Team

Elected by the shareholders, the Marathon Oil's board of directors comprises two types of representatives: Marathon Oil inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Marathon. The board's role is to monitor Marathon Oil's management team and ensure that shareholders' interests are well served. Marathon Oil's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Marathon Oil's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mike Henderson, Senior Vice President - Operations
James Wells, Independent Director
CPA IV, Vice Relations
Bruce McCullough, CIO, Vice President - Technology and Innovation
Holli Ladhani, Independent Director
Reginald Hedgebeth, Senior Vice President, Chief Administrative Officer, General Counsel, Secretary
Michael Henderson, Senior Vice President - Operations
Rob White, Chief Accounting Officer, Vice President Controller
Marcela Donadio, Lead Independent Director
Jill Ramshaw, Senior Resources
Zach Dailey, Controller VP
Lee Tillman, Chairman of the Board, President, Chief Executive Officer
Kimberly JD, General VP
Chadwick Deaton, Independent Director
Dane Whitehead, Chief Financial Officer, Executive Vice President
M Hyland, Independent Director
Brent Smolik, Independent Director
Douglas Foshee, Independent Director
Gary Wilson, Chief Accounting Officer, Vice President Controller, Principal Accounting Officer
Gregory Boyce, Lead Independent Director
Kimberly Warnica, Executive Vice President, General Counsel and Secretary
Jason Few, Independent Director
Patrick Wagner, Executive Vice President - Corporate Development and Strategy

Marathon Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Marathon Oil a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Marathon Oil

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Marathon Oil position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Marathon Oil will appreciate offsetting losses from the drop in the long position's value.

Moving together with Marathon Stock

  0.83PR Permian Resources Aggressive PushPairCorr
The ability to find closely correlated positions to Marathon Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Marathon Oil when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Marathon Oil - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Marathon Oil to buy it.
The correlation of Marathon Oil is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Marathon Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Marathon Oil moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Marathon Oil can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Marathon Oil offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Marathon Oil's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Marathon Oil Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Marathon Oil Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marathon Oil. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Marathon Stock, please use our How to Invest in Marathon Oil guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Marathon Oil. If investors know Marathon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Marathon Oil listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.32)
Dividend Share
0.44
Earnings Share
2.32
Revenue Per Share
11.445
Quarterly Revenue Growth
(0.02)
The market value of Marathon Oil is measured differently than its book value, which is the value of Marathon that is recorded on the company's balance sheet. Investors also form their own opinion of Marathon Oil's value that differs from its market value or its book value, called intrinsic value, which is Marathon Oil's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Marathon Oil's market value can be influenced by many factors that don't directly affect Marathon Oil's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Marathon Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marathon Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marathon Oil's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.