Stock Analysis on Net

Marathon Oil Corp. (NYSE:MRO)

This company has been moved to the archive! The financial data has not been updated since August 4, 2022.

Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Marathon Oil Corp., consolidated balance sheet: assets (quarterly data)

US$ in millions

Microsoft Excel
Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Cash and cash equivalents 1,162 681 580 485 970 1,125 742 1,119 522 817 858 1,165 961 1,019 1,462 1,564 1,667 1,613 563 1,795 2,614 2,490
Receivables, net 1,512 1,443 1,142 1,068 1,008 921 747 643 620 703 1,122 1,148 1,144 1,086 1,079 1,335 1,176 1,100 1,082 945 767 751
Notes receivable 748 745 742
Inventories 93 78 77 77 78 78 76 77 77 78 72 71 72 83 96 110 117 110 126 132 140 145
Other current assets 41 28 22 25 19 26 47 83 186 311 83 136 101 160 257 31 92 66 36 62 160 134
Current assets held for sale 410 428 27 25 35 13 11 11 1 223
Current assets 2,808 2,230 1,821 1,655 2,075 2,150 1,612 1,922 1,405 1,909 2,135 2,520 2,688 2,776 2,921 3,065 3,087 2,902 2,566 3,690 4,424 3,743
Equity method investments 528 522 450 489 458 460 447 467 476 628 663 667 684 719 745 757 788 806 847 836 821 906
Property, plant and equipment, net of accumulated depreciation, depletion and amortization 14,357 14,422 14,499 14,734 15,019 15,313 15,638 16,029 16,424 16,903 17,000 16,717 16,730 16,714 16,804 16,899 16,881 16,931 17,665 17,645 18,337 16,533
Deferred tax assets 325 554
Goodwill 95 95 95 97 97 97 98 98 115 115 115 115
Other noncurrent assets 268 253 224 283 248 310 259 245 262 275 352 374 420 440 723 912 860 849 764 607 543 698
Noncurrent assets held for sale 665 664 31 48 157 48 55 54 1 2,542
Noncurrent assets 15,478 15,751 15,173 15,506 15,725 16,083 16,344 16,741 17,162 17,806 18,110 17,853 18,594 18,634 18,400 18,713 18,784 18,732 19,446 19,257 19,817 20,794
Total assets 18,286 17,981 16,994 17,161 17,800 18,233 17,956 18,663 18,567 19,715 20,245 20,373 21,282 21,410 21,321 21,778 21,871 21,634 22,012 22,947 24,241 24,537

Based on: 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Marathon Oil Corp. current assets increased from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.
Property, plant and equipment, net of accumulated depreciation, depletion and amortization Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Marathon Oil Corp. property, plant and equipment, net of accumulated depreciation, depletion and amortization decreased from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.
Noncurrent assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Marathon Oil Corp. noncurrent assets increased from Q4 2021 to Q1 2022 but then slightly decreased from Q1 2022 to Q2 2022.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Marathon Oil Corp. total assets increased from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Marathon Oil Corp. cash and cash equivalents increased from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.
Receivables, net Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Marathon Oil Corp. receivables, net increased from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.
Inventories Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Marathon Oil Corp. inventories increased from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022.