Stock Analysis on Net
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.

Debt to Equity 
since 2005

Microsoft Excel

Calculation

Marathon Oil Corp., debt to equity, long-term trends, calculation

Microsoft Excel
Debt to equity = Commercial paper and long-term debt, including current portion1 ÷ Stockholders’ equity1
Dec 31, 2021 0.38 = 4,014 ÷ 10,686
Dec 31, 2020 0.51 = 5,404 ÷ 10,561
Dec 31, 2019 0.45 = 5,501 ÷ 12,153
Dec 31, 2018 0.45 = 5,499 ÷ 12,128
Dec 31, 2017 0.47 = 5,494 ÷ 11,708
Dec 31, 2016 0.41 = 7,275 ÷ 17,541
Dec 31, 2015 0.39 = 7,277 ÷ 18,553
Dec 31, 2014 0.30 = 6,391 ÷ 21,020
Dec 31, 2013 0.34 = 6,597 ÷ 19,344
Dec 31, 2012 0.38 = 6,896 ÷ 18,283
Dec 31, 2011 0.28 = 4,815 ÷ 17,152
Dec 31, 2010 0.33 = 7,896 ÷ 23,771
Dec 31, 2009 0.39 = 8,532 ÷ 21,910
Dec 31, 2008 0.34 = 7,185 ÷ 21,409
Dec 31, 2007 0.38 = 7,215 ÷ 19,223
Dec 31, 2006 0.24 = 3,532 ÷ 14,607
Dec 31, 2005 0.34 = 4,013 ÷ 11,705

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

1 US$ in millions

Comparison to Competitors

Marathon Oil Corp., debt to equity, long-term trends, comparison to competitors

Microsoft Excel
Marathon Oil Corp. Chevron Corp. ConocoPhillips Exxon Mobil Corp. Marathon Petroleum Corp. Occidental Petroleum Corp. Valero Energy Corp.
Dec 31, 2021 0.38 0.23 0.44 0.28 0.97 1.46 0.75
Dec 31, 2020 0.51 0.34 0.51 0.43 1.42 1.95 0.78
Dec 31, 2019 0.45 0.19 0.43 0.24 0.86 1.13 0.44
Dec 31, 2018 0.45 0.22 0.47 0.20 0.78 0.48 0.42
Dec 31, 2017 0.47 0.26 0.64 0.23 0.92 0.48 0.40
Dec 31, 2016 0.41 0.32 0.78 0.26 0.78 0.46 0.40
Dec 31, 2015 0.39 0.25 0.63 0.23 0.90 0.34 0.36
Dec 31, 2014 0.30 0.18 0.43 0.17 0.62 0.20 0.31
Dec 31, 2013 0.34 0.14 0.42 0.13 0.31 0.16 0.34
Dec 31, 2012 0.38 0.09 0.45 0.07 0.29 0.19 0.39
Dec 31, 2011 0.28 0.08 0.35 0.11 0.35 0.16 0.47
Dec 31, 2010 0.33 0.11 0.34 0.10 — 0.16 0.55
Dec 31, 2009 0.39 0.11 0.46 0.09 — 0.10 0.50
Dec 31, 2008 0.34 0.10 0.50 0.08 — 0.10 0.42
Dec 31, 2007 0.38 0.09 0.24 0.08 — 0.08 0.37
Dec 31, 2006 0.24 0.14 0.33 0.07 — 0.15 0.28
Dec 31, 2005 0.34 0.21 0.24 0.07 — 0.19 0.36

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Sector (Oil, Gas & Consumable Fuels)

Marathon Oil Corp., debt to equity, long-term trends, comparison to sector (oil, gas & consumable fuels)

Microsoft Excel
Marathon Oil Corp. Oil, Gas & Consumable Fuels
Dec 31, 2021 0.38 0.40
Dec 31, 2020 0.51 0.55
Dec 31, 2019 0.45 0.36
Dec 31, 2018 0.45 0.29
Dec 31, 2017 0.47 0.31
Dec 31, 2016 0.41 0.36
Dec 31, 2015 0.39 0.31
Dec 31, 2014 0.30 0.22
Dec 31, 2013 0.34 0.18
Dec 31, 2012 0.38 0.15
Dec 31, 2011 0.28 0.16
Dec 31, 2010 0.33 0.17
Dec 31, 2009 0.39 0.19
Dec 31, 2008 0.34 0.19
Dec 31, 2007 0.38 0.14
Dec 31, 2006 0.24 0.18
Dec 31, 2005 0.34 0.16

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Industry (Energy)

Marathon Oil Corp., debt to equity, long-term trends, comparison to industry (energy)

Microsoft Excel
Marathon Oil Corp. Energy
Dec 31, 2021 0.38 0.42
Dec 31, 2020 0.51 0.58
Dec 31, 2019 0.45 0.37
Dec 31, 2018 0.45 0.30
Dec 31, 2017 0.47 0.33
Dec 31, 2016 0.41 0.37
Dec 31, 2015 0.39 0.33
Dec 31, 2014 0.30 0.23
Dec 31, 2013 0.34 0.19
Dec 31, 2012 0.38 0.17
Dec 31, 2011 0.28 0.18
Dec 31, 2010 0.33 0.18
Dec 31, 2009 0.39 0.20
Dec 31, 2008 0.34 0.19
Dec 31, 2007 0.38 0.15
Dec 31, 2006 0.24 0.19
Dec 31, 2005 0.34 0.17

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).