Marathon Oil Corporation (MRO) is a leading oil and natural gas exploration and production company with a market cap of $14.99 billion. Headquartered in Houston, Texas, it explores, produces, and markets crude oil and condensate, natural gas liquids, and natural gas in the U.S. and internationally.
MRO stock has underperformed the broader market over the last year. The stock has gained 16.6% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 28.3%. But in 2024, the gap narrowed, with MRO stock rising 9.4%, while the SPX is up 11.3% on a YTD basis.
