| Address:
|
P O BOX 3128
|
| City: |
HOUSTON |
|
State: |
TX |
|
Zip Code: |
77253-3128 |
| Telephone: |
713-629-6600 |
|
Description of Business
|
Primary SIC Code:
2911 |
| (As filed with the SEC)
|
|
|
On January 13, 2011, the Board of Directors of Marathon Oil Corporation
("Marathon") announced that it has approved moving forward with plans to spin
off our downstream (Refining, Marketing and Transportation) business, creating
two independent energy companies: Marathon Petroleum Corporation ("MPC") and
Marathon Oil Corporation ("MRO"). To effect the spin-off, we intend to
distribute one common share of MPC for every two common shares of Marathon held
at a record date to be determined. The transaction is expected to be effective
June 30, 2011, with distribution of MPC shares shortly thereafter. A tax ruling
request was submitted to the U.S. Internal Revenue Service ("IRS") regarding the
tax-free nature of the spin-off and we anticipate a response during the second
quarter of 2011.
The above discussion of the plans to create an independent downstream company
includes forward looking statements. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 12/2011 | 3.21 | 0.150 | 9.12 | | 09/2011 | 3.18 | 0.150 | 6.79 | | 06/2011 | 2.07 | 0.158 | 16.11 | | 03/2011 | 2.75 | 0.158 | 12.23 | | 12/2010 | 2.28 | 0.158 | 10.26 | | 09/2010 | 1.83 | 0.158 | 11.41 | | 06/2010 | 1.56 | 0.158 | 12.59 | | 03/2010 | 1.23 | NA | 16.31 |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | 0.53 | Total Liab/Total Assets | 0.52 | | Net Inc/Total Assets | 0.05 | Total Liab/Inv Cap | 0.68 | | Net Inc/Inv Cap | 0.07 | Total Liab/Comm Equity | 5.40 | | Pretax Inc/Net Sales | 0.07 | Interest Coverage Ratio | NA | | Net Inc/Net Sales | 0.04 | Curr Debt/Equity | 0.01 | | Cash Flow/Net Sales | 0.08 | LTD/Equity | 0.32 | | SG&A/NetSales | 0.10 | Total Debt/Equity | 0.33 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 13.43 | Quick Ratio | 0.93 | | Inventory Turnover | 16.21 | Current Ratio | 1.24 | | Inventory Day Sales | 0.05 | Net Rec/Curr Assets | 0.44 | | Net Sales/Work Cap | 26.63 | Inv/Curr Assets | 0.25 | | Net Sales/PP&E | 2.24 | | |
Income Statement (Millions) |
| |
9/30/2011
|
3/31/2011
|
12/31/2010
|
9/30/2010
|
|
Total Revenues(Net Sales)
|
3,649.00
|
20,904.00
|
63,993.00
|
2,854.00
|
|
Cost of Goods Sold
|
1,657.00
|
16,202.00
|
53,842.00
|
1,164.00
|
|
Selling & Admin Exps
|
163.00
|
1,684.00
|
6,531.00
|
152.00
|
|
Operating Income
|
1,333.00
|
2,103.00
|
1,956.00
|
1,050.00
|
|
Interest Exp
|
NA
|
NA
|
NA
|
NA
|
|
Pretax Income
|
1,303.00
|
1,759.00
|
1,906.00
|
1,034.00
|
|
Other Income
|
27.00
|
-238.00
|
12.00
|
24.00
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
405.00
|
996.00
|
706.00
|
696.00
|
|
Assets
|
9/30/2011
|
3/31/2011
|
12/31/2010
|
9/30/2010
|
|
Cash & Short Term Investments
|
4,633.00
|
5,716.00
|
3,951.00
|
1,643.00
|
|
Receivables - Total
|
1,721.00
|
6,557.00
|
6,030.00
|
5,416.00
|
|
Inventories - Total
|
342.00
|
3,088.00
|
3,453.00
|
3,969.00
|
|
Total Current Assets
|
7,154.00
|
15,775.00
|
13,829.00
|
11,600.00
|
|
Net Property, Plant & Equipment
|
20,318.00
|
32,189.00
|
32,222.00
|
31,987.00
|
|
Total Assets
|
30,541.00
|
51,865.00
|
50,014.00
|
48,123.00
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
3,595.00
|
10,840.00
|
10,238.00
|
9,017.00
|
|
Debt in Current Liabilities
|
338.00
|
349.00
|
295.00
|
98.00
|
|
Total Current Liabilities
|
4,125.00
|
11,782.00
|
11,113.00
|
9,604.00
|
|
Long-Term Debt
|
4,705.00
|
7,992.00
|
7,601.00
|
7,844.00
|
|
Total Liabilities
|
13,793.00
|
27,160.00
|
26,243.00
|
24,767.00
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
8.00
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
0.00
|
0.00
|
0.00
|
0.00
|
|
Common Stock
|
770.00
|
770.00
|
770.00
|
770.00
|
|
Retained Earnings
|
12,352.00
|
20,725.00
|
19,907.00
|
19,379.00
|
|
Treasury Stock
|
-2,721.00
|
-2,582.00
|
-2,665.00
|
-2,681.00
|
|
Total Stockholders' Equity
|
16,748.00
|
24,705.00
|
23,771.00
|
23,356.00
|
|
Total Liabilities and Stockholders' Equity
|
30,541.00
|
51,865.00
|
50,014.00
|
48,123.00
|
Cash Flow Summary (Millions) |
|
Categories
|
9/30/2011
|
3/31/2011
|
12/31/2010
|
9/30/2010
|
|
Net Cash Provided by Operating Activities
|
1,080.00
|
2,592.00
|
2,885.00
|
861.00
|
|
Net Cash Provided by Investing Activities
|
-738.00
|
-833.00
|
-365.00
|
-1,114.00
|
|
Net Cash Provided by Financing Activities
|
-403.00
|
2.00
|
-212.00
|
-176.00
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 65,449.00 | 5,234.00 | 4.34 | | 12/2007 | 65,207.00 | 3,956.00 | 3.59 | | 12/2008 | 78,569.00 | 3,528.00 | 3.13 | | 12/2009 | 53,287.00 | 1,463.00 | 1.06 | | 12/2010 | 72,321.00 | 2,568.00 | 2.28 | | Growth Rates | 2.53 | -16.31 | -14.86 |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 836 | 566,229 | 80.46 |
|
Report Date :
2/6/2012
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