In 1887, several small oil companies banded together to form The Ohio Oil Company. After the merger, the headquarters was moved to Houston, Texas in 1990 but the company's refining subsidiary maintained its headquarters in Findlay, Ohio. using the scroll bar or pinch and zoom on a touch screen). Historical prices for Marathon Oil with share price and MRO stock charts. “Marathon Oil History. [7], In 1998, Marathon and Ashland, Inc. contributed their refining operations to Marathon Ashland Petroleum LLC, now Marathon Petroleum. Marathon Oil began as The Ohio Oil Company in 1887. The historical data and Price History for Marathon Oil Corp (MRO) with Intraday, Daily, Weekly, Monthly, and Quarterly data available for download. A total of 2 acquisitions came from private equity firms.It has also divested 4 assets.. Marathon Oil’s largest acquisition to date was in 2007, when it acquired Marathon Oil Canada for $6.2B.It’s largest disclosed sale occurred in 2019, when it sold Marathon Oil - U.K. Business to RockRose Energy for $140M. Our marketing organization shares our rich and dynamic history. The Athabasca project's Muskeg River Mine was producing approximately 155,000 barrels a day of bitumen at the time. From this humble beginning, we evolved into Marathon Petroleum Corporation. Emro was first recognized as Convenience Store Chain of the Year. Free trial. Chart. Marathon Oil began as The Ohio Oil Company in 1887. Thermal cracking gave way to the new process of catalytic “cat” cracking, increasing refinery yield. [16], In September 2013, Marathon announced it would sell a 10% stake in an oil and gas field offshore Angola for around $590 million to Sonangol Group. The Ohio Oil Company officially changed its corporate name to Marathon Oil Company in conjunction with the company’s 75th anniversary. In 1930, The Ohio bought the Transcontinental Oil Company, giving it the “Marathon” brand name. Lincoln Oil Refining Company was purchased, which included the Robinson refinery in Illinois and 17 Linco brand service stations in Robinson and Terre Haute, Indiana. 2020 Perspectives on Climate-Related Scenarios Report. History. In 1889, it was purchased by John D. Rockefeller’s Standard Oil trust. VAT not included. The plant broadened MPC’s renewable fuels portfolio. The acquisition included 1,256 stores in 16 states. A $3.2 billion major expansion project at the Garyville refinery was completed. [15], In June 2013, Marathon sold its Angolan oil and gas field to Sinopec for $1.52 billion. 1887. [18], List of oil exploration and production companies, https://www.macrotrends.net/stocks/charts/MRO/marathon-oil/revenue, "Top 100 producers and their cumulative greenhouse gas emissions from 1988-2015", "Mobil Corp. v. Marathon Oil Co.: Tender Offeror's Right to Injunctive Relief Recognized", "United States Steel Corporation Form S-4, September 7, 2001", "Marathon to Sell Interest in Yates Field to Kinder Morgan Energy Partners", "Investor Relations - Marathon Oil Corporation", "Marathon to buy Western Oil Sands for $6.5B", "Marathon spin-off gives Ohio fifth largest refiner", Evaluating the welfare implications of the first round of indoor residual spraying in Bioko Island, Equatorial Guinea, Marathon CEO discusses America's energy security (BIC Magazine, September 2007), International Association of Oil & Gas Producers, https://en.wikipedia.org/w/index.php?title=Marathon_Oil&oldid=997276634, Automotive companies of the United States, Natural gas companies of the United States, Companies listed on the New York Stock Exchange, Oil and gas companies of the United States, Articles with unsourced statements from July 2020, Creative Commons Attribution-ShareAlike License, This page was last edited on 30 December 2020, at 20:00. On June 30, 2011, Marathon Oil became an independent upstream company and unveiled an “energy wave” logo as it prepared to separate from Marathon Petroleum, based in Findlay. HOUSTON, Oct. 3, 2019 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO; ... All statements, other than statements of historical fact are forward-looking statements. Marathon Oil Stock Price History + Charts (MRO) The following presents a detailed Marathon Oil stock price history for your review. Overview of Marathon Oil's profit and loss trend, including historical revenues, gain, losses, expenses, and other income statement items. Ohio Oil Company’s stock was publicly traded on the New York Stock Exchange for the first time. As of year-end 2014, Marathon had approximately 2.2 billion oil-equivalent barrels (BBOE) in proved reserves (80% liquids and 67% developed). The company's business is organized into three segments - North America … The Ohio Oil Company was founded in Lima, Ohio. Free trial. In 1930, The Ohio Oil Company bought the Transcontinental Oil Company and established the "Marathon" brand name. Nachrichten zur Aktie Marathon Oil Corp. | 852789 | MRO | US5658491064 Libya accounts for 235 million barrels of oil equivalent (1.44×109 GJ) of estimated proved reserves, although the company did not sell any product from these operations in 2015 since operations were interrupted by civil and political unrest. MPC purchased the Galveston Bay refinery in Texas City, Texas. Learn more about this rich and dynamic history by exploring the interactive timeline below. Marathon Oil Corporation is a leading exploration and production company with extensive operations across four core regions - Africa, Middle East, Europe and North America. 1911 wurde die Standard Oil Company schließlich zerschlagen. Along the way, gas stations took on new looks and additional services, new refining processes were born and the precursor to the modern credit card was first issued. Marathon Oil Corp. history, profile and history video Marathon Oil Corp. is an international energy company engaged in exploration and production of oil sands mining and integrated gas with operations in the U.S., Angola, Canada, Equatorial Guinea, Ethiopia, Gabon, Kenya, the Kurdistan Region of Iraq, Libya, Norway, Poland and the United Kingdom. [11], In late 2003, Marathon Oil and its partners Noble Energy and AMPCO started the Bioko Island Malaria Control Project (BIMCP) in Equatorial Guinea. Marathon Oil came into being as a spin-off from United States Steel in 2002. Marathon's humanitarian efforts have mitigated some of the criticism resulting from its dealings with Nguema's regime. Marathon Petroleum Corporation acquired Andeavor, which extended its operations nationwide. Search Dividend Stocks or Company Profile for a particular: Ex-Dividend Date: Ticker Symbol: Stock/Fund Name: The Houston, Texas-based Marathon Oil Corp. (MRO) company belongs to the Energy sector as per the industrial classification standards, and is categorized as a Oil and Gas Production speciality business. The Marathon Petroleum Story An Enduring Relationship with the American Driver In 1887, several small oil companies banded together to form The Ohio Oil Company. In 1889, it was purchased by John D. Rockefeller s Standard Oil trust. Included in the acquisition were 10 refineries: Anacortes (Washington), Dickinson (North Dakota), El Paso (Texas), Gallup (New Mexico), Kenai (Alaska), Los Angeles (California), Mandan (North Dakota), Martinez (California), Salt Lake City (Utah) and St. Paul Park (Minnesota), approximately 3,300 retail stations and the general partner of Andeavor Logistics. Discover historical prices for MRO stock on Yahoo Finance. A legal battle ensued thereafter.[6]. Marathon Petroleum Corporation (MPC) has more than 130 years of experience in the energy business. Based in Houston, we're focused on the most significant oil-rich resource plays in the U.S. -- the Eagle Ford in Texas, the Bakken in North Dakota, the STACK and SCOOP in Oklahoma, and the Permian in New Mexico. Cardinal Pipeline construction was completed in central Ohio. Marathon Oil became an independent E&P company on July 1, 2011. The acquisition included 680 service stations featuring Speedway 79 Stratofuel. 1889. $38.05. Ohio Oil’s Marathon service stations took on a new look, offering tires, batteries and accessories, and auto maintenance in the service bays. MPLX completed construction of the Cornerstone Pipeline in Ohio. Marathon Oil Company History Timeline 1887 In 1887, several small oil companies banded together to form The Ohio Oil Company. For example, a 1000 share position pre-split, became a 2000 share position following the split. In 1962, the company changed its name to “Marathon Oil Company” after its main brand name.Mobil wanted to buy the company in 1981. The first split for MRO took place on June 19, 2007. MPC acquired Hess retail operations and related assets. Historische Kursentwicklung der MRO - Marathon Oil - WKN 852789, ISIN US5658491064 - bei finanztreff.de kostenlos abrufen. In 1962, the company changed its name to "Marathon Oil Company". In 1930, The Ohio Oil Company bought the Transcontinental Oil Company and established the "Marathon" brand name. Replication or redistribution of EDGAR Online, Inc. content is expressly prohibited without the prior written consent of EDGAR Online, Inc. EDGAR Online, Inc. shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. In 1887, several small oil companies banded together to form The Ohio Oil Company. Read a more detailed history in Ohio Oil Company and visit the Hancock Historical Museum in Findlay. MPLX acquired MarkWest Energy Partners L.P., further growing MPLX’s midstream business. As of year-end 2014, Marathon had approximately 2.2 billion oil-equivalent barrels (BBOE) in … Date Pay. View historical MRO stock price data to see stock performance over time. History. Marathon Oil Corporation, usually simply referred to as Marathon Oil, is an American petroleum and natural gas exploration and production company headquartered in the Marathon Oil Tower in Houston, Texas. Marathon Oil Corporation is a leading exploration and production company with extensive operations across four core regions - Africa, Middle East, Europe and North America. You can find more details by going to one of the sections under this page such as ex-date, dividend and payment date. Date Amount Type Yield Change Decl. Die Ohio Oil Company wurde 1887 gegründet. Malaria control activities included indoor residual spraying, improved diagnosis and case management, and capacity building to contain future outbreaks. In 1905 it moved its headquarters to Findlay. Corporate headquarters were moved to Findlay, Ohio. Formerly only an oil producer, it expanded into refining while it also purchased oil fields beyond Ohio. [1], In 2016, the company plans to spend $1.4 billion on capital expenditures, of which $1.2 billion will be spent in North America, including $600 million in the Eagle Ford and $200 million in the Bakken formation. $33.03. [5], As of December 31, 2015, the company had 2.163 billion barrels of oil equivalent (1.323×1010 GJ) of estimated proven reserves, of which 44% was in the United States, 32% was in Canada, 12% was in Equatorial Guinea, and 11% was in other countries in Africa, primarily Libya. Marathon Pipe Line Company was created as a subsidiary. Monthly Subscription. Best deals to access real time data! Marathon Oil stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news. [10], In 2003, the company sold its interest in the Yates Oil Field to Kinder Morgan for approximately $225 million. $30.66. [9], In 2003, Marathon sold its Canadian operations to Husky Energy. To help provide a sense of the short to long-term trend, included is an interactive Marathon Oil stock chart which you can easily adjust to the time frame of your choosing (e.g. Emro moved into new corporate headquarters in Enon, Ohio. Building on a rich history, with pride in our past achievements, our strategy is resolutely focused on U.S. unconventional resource plays. Marathon Oil (MRO) has 4 splits in our Marathon Oil stock split history database. [13], In 2007, Marathon acquired Western Oil Sands for $6.6 billion and gained ownership of its 20 percent stake in the Athabasca Oil Sands Project in northern Alberta and other assets in the midwestern United States. The Detroit refinery was purchased from late philanthropist Max Fisher. Find the latest historical data for Marathon Oil Corporation Common Stock (MRO) at Nasdaq.com.
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