Marathon Oil Corp (MRO) is an energy company engaged in the exploration, production, and marketing of oil and natural gas. The company's income statement provides a snapshot of its financial performance over a specific period. It shows the revenue generated, expenses incurred, and the resulting net income. For the latest financial year, Marathon Oil Corp reported a total revenue of $5.1 billion, representing a decrease of 30% compared to the previous year. The decrease can be attributed to lower oil and gas prices and a decline in production volume. Despite the challenging market conditions, the company managed to maintain a positive gross profit of $1.2 billion, indicating its ability to generate revenue above the cost of goods sold.
Marathon Oil Corp's EBIT (earnings before interest and taxes) and EBITDA (earnings before interest, taxes, depreciation, and amortization) are important measures of its profitability. EBIT represents the company's operating income before taking into account interest and tax expenses, while EBITDA adds back the non-cash expenses of depreciation and amortization. Marathon Oil Corp reported an EBIT of $500 million and an EBITDA of $1.3 billion for the latest financial year. These figures reflect the company's operational efficiency and its ability to generate profits from its core business activities. It should be noted that the EBIT and EBITDA figures can vary significantly from year to year due to changes in market conditions and operational performance.
The net income from stockholders, also known as net income attributable to Marathon Oil Corp, reflects the company's profitability after considering all expenses and taxes. For the latest financial year, Marathon Oil Corp reported a net income from stockholders of $300 million. This figure represents the amount of income available to the company's stockholders after accounting for dividends, interest payments, and other financial obligations. The net income from stockholders is an important indicator of a company's overall financial health and its ability to provide returns to its shareholders.
Marathon Oil Corp's balance sheet provides a snapshot of its financial position at a specific point in time. It shows the company's total assets, liabilities, and stockholders' equity. As of the end of the latest financial year, Marathon Oil Corp reported total assets of $26 billion, total liabilities of $15 billion, and stockholders' equity of $11 billion. The balance sheet gives investors and analysts insight into the company's financial stability and its ability to meet its financial obligations. It also serves as a basis for calculating important financial ratios such as the debt-to-equity ratio and the current ratio.
Marathon Oil Corp's cash flow statement provides information about the cash generated and used by the company during a specific period. It is divided into three main sections: operating cash flow, investing cash flow, and financing cash flow. The operating cash flow shows the cash generated from the company's core business activities, such as the sale of oil and gas. The investing cash flow reflects the company's investments in assets such as property, plants, and equipment. The financing cash flow represents the cash flow resulting from activities such as issuing or repurchasing stocks, paying dividends, and borrowing or repaying debt. For the latest financial year, Marathon Oil Corp reported a positive operating cash flow of $2 billion, a negative investing cash flow of $1 billion, and a negative financing cash flow of $500 million. These figures indicate that the company generated significant cash from its operations, but had net outflows from investments and financing activities. It is worth noting that the cash flow statement provides valuable insights into the company's liquidity, solvency, and ability to fund its operations.
In conclusion, Marathon Oil Corp's financials reflect the company's performance, profitability, and financial position. The income statement highlights the company's revenue, expenses, and net income. The EBIT and EBITDA figures indicate its operational efficiency and profitability. The balance sheet provides information about its assets, liabilities, and stockholders' equity. The cash flow statement shows how the company generated and utilized cash. Overall, Marathon Oil Corp's financials demonstrate its ability to navigate the challenges of the energy market and maintain a strong financial position.