Marathon Oil
Marathon Oil is a publicly listed upstream oil and gas company headquartered in the USA. In 2020, it had USD 3.09 billion in revenue and a reported 2,000 employees*. The company undertakes exploration and production operations in the USA and Equatorial Guinea. Marathon Oil plans to continue its oil and gas operations and become a low-cost producer, with increased focus on gas.
- Ranking position
- #37 /100
- Total score
- 7.9 /100
- Performance score
- 3.3 /20
- Narrative Score
- ABCDE
- Trend Score
-
- Trend line is up
- Trend line is equal
- Trend line is down
Leading practices
No leading practices were identified for this company.
Risks and opportunities
Trend
Marathon Oil receives a trend score of -. If the company were reassessed in the future, its score would likely decrease. The company has only set itself short-term emissions intensity reduction targets to cover scope 1 and 2 emissions. The company’s low-carbon transition plan is focused on methane reductions. It has no plans to reduce the absolute volume of oil and gas being produced or to include low- or zero-carbon products in its sold product portfolio.
Progress towards the Paris Agreement
See results for
More about the company
- Headquarters
- Houston, Texas, USA
- Group revenue
- USD 3.09 billion
- Ownership structure
- Publicly listed
- Number of employees
- 2,000
- Scope of activity
- Upstream
- Website
- https://www.marathonoil.com/