U.S. Resource Play Focused E&P

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Investor Relations

Zach Dailey

VP, Investor Relations
P: 1.866.984.7755

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Media Relations

Lee Warren

Mgr, External Communications
P: +1.713.296.4103

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Marathon Oil Playbook

MRO is focused on execution and we've made outstanding progress executing across all aspects of this playbook. We're well positioned to deliver on the final step, our overarching objective: delivering profitable growth within cash flows and achieving that at moderate oil pricing.

Strengthened
Balance Sheet
Our strong financial position is the foundation of our business and enables MRO to confidently execute on our strategy.
Relentless
Focus on Costs
At MRO, we've focused on lowering the cost structure across our entire business, and have continued to make significant progress.
Simplifying
And Concentrating Portfolio
We've transformed our portfolio as fast and as dramatically as anyone. Over 95% of our budget is now allocated to the U.S. resource plays.
Profitable
Growth Within Cash Flows
Production growth for MRO is an outcome of our disciplined capital allocation to the highest risk-adjusted return opportunities while living within our means.