Marathon Oil Corporation is an independent exploration and production company. Co. is focused on the U.S. resource plays, which include Eagle Ford in Texas, Bakken in North Dakota, Sooner Trend Anadarko Basin Canadian and Kingfisher Counties (STACK) and South-Central Oklahoma Oil Province (SCOOP) in Oklahoma and Permian in New Mexico and Texas. Co. operates through two segments: U.S. and International. The U.S. segment explores for, produces and markets crude oil and condensate, natural gas liquids (NGLs) and natural gas in the U.S.. We show 62 historical shares outstanding datapoints in our MRO shares outstanding history coverage, used to compute MRO market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MRO market cap history over the course of time is important for investors
interested in comparing MRO's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of MRO versus a peer is one thing; comparing
MRO market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like MRO can fluctuate over the course of history.
With this page we aim to empower investors researching MRO by allowing them to research the MRO market cap history. |
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Video: The Importance of Market Cap
