Marathon Oil Corporation MRO Income Statement

Marathon oil corporation (MRO)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Revenues and other income:
Revenues from contracts with customers
1,024	1,233	1,249	1,381	1,200	1,380	1,538	1,447	1,537	1,336	1,136	902	873	964	781	685	566	249	1,300	1,307	1,280	2,001	2,316	2,270	2,149	1,045	2,334	2,513	3,354	-97	3,405	2,975	2,954	-219	3,633	3,680	3,656	-9,692	2,839	2,793	15,694	-29,044	14,335	13,018	10,156	22,332	21,203
Net gain (loss) on commodity derivatives
202	-44	47	16	-91	310	-70	-152	-102	-151	-22	56	81	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Marketing revenues
-	-	-	-	-	-	-	-	-	-	48	35	34	38	80	76	46	28	84	183	204	397	554	618	541	486	666	497	430	502	631	757	839	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales to related parties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16	14	15	7	15	14	20	-9	27	21	20	637	686
Income (loss) from equity method investments
-12	24	21	31	11	64	64	60	37	73	63	51	69	65	59	37	14	47	36	26	36	78	89	120	137	114	114	77	118	110	122	60	78	102	123	120	117	79	77	83	105	84	75	62	47	270	256
Net gain on disposal of assets
9	-6	22	-8	42	-4	16	50	257	32	19	6	1	108	47	294	-60	228	-109	0	1	-2	-3	-87	2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain Loss On Disposal Of Assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-87	-	-	-6	-107	109	1	-12	-28	166	40	13	45	5	-57	0	10	813	2	5	191	4	15	12
Other income
7	8	6	13	35	15	119	12	4	47	8	9	14	15	23	11	4	15	12	15	11	23	15	20	20	26	19	10	9	-15	15	20	3	12	14	6	16	13	24	3	33	-22	35	25	52	47	45
Total revenues and other income
1,230	1,215	1,345	1,433	1,197	1,765	1,667	1,417	1,733	1,382	1,252	1,059	1,072	1,124	990	1,103	570	567	1,323	1,531	1,532	2,497	2,971	2,941	2,849	1,646	3,127	2,990	4,020	501	4,161	3,784	4,040	3,809	3,799	3,865	3,809	-9,650	2,955	2,903	16,665	-28,989	14,477	13,317	10,279	23,301	22,202
Costs and expenses:
Production
160	169	163	193	187	205	215	205	217	188	197	178	153	188	160	185	187	-321	406	450	444	549	593	562	542	500	540	552	564	479	601	485	514	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of Purchased Oil and Gas
-	-	-	-	-	-	-	-	-	-	49	38	34	44	80	75	46	29	84	182	205	395	554	614	542	490	663	494	429	508	629	755	842	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shipping, handling and other operating
144	143	138	170	154	167	152	126	130	122	109	111	89	111	183	87	103	129	93	81	107	159	99	101	103	93	115	70	111	53	112	107	92	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Exploration
28	42	22	26	59	116	56	65	52	57	294	30	28	34	83	182	24	185	585	111	90	479	96	145	73	220	83	125	463	208	170	172	135	137	129	145	230	216	59	125	98	126	55	64	62	108	130
Cost of revenues (excludes items below)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,600	1,667	1,404	-10,277	1,107	1,230	12,726	-24,910	10,963	9,760	7,357	16,978	17,985
Purchases from related parties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	57	71	56	-53	57	35	133	-192	133	110	95	244	226
Consumer excise taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,212	-	1,258	1,226	1,174	1,273	1,295
Depreciation, depletion and amortization
644	616	622	605	554	613	626	612	590	583	641	592	556	573	522	512	549	432	717	751	821	801	737	680	643	497	657	626	720	229	625	580	574	547	517	564	635	461	530	416	649	-36	627	683	660	584	493
Impairments
97	0	0	18	6	25	8	34	8	24	201	0	4	19	47	0	1	340	337	44	0	2	109	4	17	47	11	0	38	100	8	1	262	-	0	307	-	8	0	5	434	0	3	15	0	-	-
Taxes other than income
66	79	81	79	72	84	86	65	64	55	44	45	39	38	35	35	43	25	46	78	67	87	115	109	95	79	89	93	84	65	55	55	68	23	59	53	58	-12	44	52	115	-123	98	96	102	126	127
General and administrative
76	93	82	87	94	88	101	105	100	95	89	90	97	-15	104	131	151	124	125	168	171	168	160	139	187	185	143	159	172	184	179	154	159	292	104	130	137	-33	108	118	298	-484	323	321	291	349	361
Total costs and expenses
1,215	1,142	1,108	1,178	1,126	1,298	1,244	1,212	1,161	1,171	1,624	1,084	1,000	992	1,214	1,207	1,104	943	2,393	1,865	1,905	2,640	2,463	2,354	2,202	2,111	2,301	2,119	2,581	1,826	2,379	2,309	2,646	2,529	2,466	2,937	2,520	-10,902	1,905	1,981	15,665	-29,277	13,460	12,275	9,741	19,662	20,617
Income from operations
15	73	237	255	71	467	423	205	572	211	-372	-25	72	132	-224	-104	-534	-376	-1,070	-334	-373	-143	508	587	647	-465	826	871	1,439	-1,325	1,782	1,475	1,394	1,280	1,333	928	1,289	1,252	1,050	922	1,000	288	1,017	1,042	538	3,639	1,585
Net interest and other
-64	-67	-64	-64	-49	-58	-58	-65	-45	-71	-35	-86	-78	-76	-89	-88	-79	-106	-75	-58	-47	-58	-55	-76	-49	-68	-71	-67	-72	-62	-53	-57	-50	-45	-30	-13	-19	-14	-16	-15	-30	-59	-35	-12	-16	-46	-11
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement
0	-6	2	2	5	-3	-8	0	-3	-3	-5	-1	-10	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on early extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-46	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-279	0	0	-92	0	-	0	0	-	-	-
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest
-49	-3	175	193	27	406	357	140	524	132	-458	-112	-16	-46	-313	-192	-613	-482	-1,145	-392	-420	-201	453	511	598	-533	755	804	1,367	-1,387	1,729	1,418	1,344	1,235	1,303	915	991	1,238	1,034	815	970	229	982	1,030	522	3,593	1,574
Benefit for income taxes
-3	17	10	32	-147	16	103	44	168	160	141	41	34	1,337	-107	-54	-253	-192	-396	-6	-144	-108	149	151	200	-447	359	563	987	-983	1,279	1,025	927	675	898	617	536	654	567	441	513	498	590	702	257	1,601	806
Income (loss) from continuing operations
-	-	-	-	-	-	-	-	-	-28	-599	-153	-50	-1,383	-206	-138	-360	-	-	-	-276	-93	304	360	398	-86	396	241	380	-	-	-	-	560	405	298	455	-	467	374	-	-269	392	328	265	1,992	768
Loss from discontinued operations
-	-	-	-	-	-	-	-	-	0	0	14	-4,907	12	14	-32	-47	-	-	-	-	1,019	127	180	751	461	173	185	3	-	-	-	-	-11	0	698	541	-	229	335	-	624	21	85	17	72	6
Net Income (Loss) Attributable to Parent
-46	-20	165	161	174	390	254	96	356	-28	-599	-139	-4,957	-1,371	-192	-170	-407	-793	-749	-386	-276	926	431	540	1,149	375	569	426	383	322	450	393	417	549	405	996	996	706	696	709	457	355	413	413	282	2,064	774
Earnings Per Share [Abstract]
Earnings Per Share, Basic [Abstract]
Income from continuing operations (in dollars per basic share)
-	-	-	-	-	-	-	-	-	-0.03	-0.70	-0.18	-0.06	-1.66	-0.24	-0.16	-0.49	-	-	-	-	-0.14	0.45	0.53	0.58	-0.12	0.56	0.34	0.54	-	-	-	-	0.79	0.57	0.42	0.64	-	0.66	0.53	-	-0.37	0.55	0.46	0.37	2.82	1.08
Discontinued operations (in dollars per basic share)
-	-	-	-	-	-	-	-	-	0.00	0.00	0.02	-5.78	0.04	0.01	-0.04	-0.07	-	-	-	-	1.52	0.19	0.27	1.08	0.67	0.24	0.26	0.00	-	-	-	-	-0.01	0.00	0.98	0.76	-	0.32	0.47	-	0.87	0.03	0.12	0.03	0.10	0.01
Basic
-0.06	-0.03	0.21	0.20	0.21	0.47	0.30	0.11	0.42	-0.03	-0.70	-0.16	-5.84	-1.62	-0.23	-0.20	-0.56	-1.17	-1.11	-0.57	-0.41	1.38	0.64	0.80	1.66	0.55	0.80	0.60	0.54	0.45	0.64	0.56	0.59	0.78	0.57	1.40	1.40	1.00	0.98	1.00	0.64	0.50	0.58	0.58	0.40	2.92	1.09
Per diluted share:
Income from continuing operations (in dollars per diluted share)
-	-	-	-	-	-	-	-	-	-0.03	-0.70	-0.18	-0.06	-1.66	-0.24	-0.16	-0.49	-	-	-	-	-0.13	0.45	0.53	0.57	-0.13	0.56	0.34	0.54	-	-	-	-	0.78	0.57	0.42	0.64	-	0.66	0.53	-	-0.37	0.55	0.46	0.37	2.80	1.07
Discontinued operations (in dollars per diluted share)
-	-	-	-	-	-	-	-	-	0.00	0.00	0.02	-5.78	0.04	0.01	-0.04	-0.07	-	-	-	-	1.50	0.19	0.27	1.08	0.66	0.24	0.26	0.00	-	-	-	-	0.00	0.00	0.97	0.75	-	0.32	0.47	-	0.87	0.03	0.12	0.03	0.10	0.01
Diluted
-0.06	-0.03	0.21	0.20	0.21	0.46	0.30	0.11	0.42	-0.03	-0.70	-0.16	-5.84	-1.62	-0.23	-0.20	-0.56	-1.17	-1.11	-0.57	-0.41	1.37	0.64	0.80	1.65	0.53	0.80	0.60	0.54	0.45	0.63	0.56	0.59	0.78	0.57	1.39	1.39	0.99	0.98	1.00	0.64	0.50	0.58	0.58	0.40	2.90	1.08
Dividends paid, per share
-	-	-	-	-	-	-	-	-	-	-	0.05	0.05	-	0.05	0.05	0.05	0.05	0.21	0.21	0.21	0.21	0.21	0.19	0.19	0.19	0.19	0.17	0.17	0.17	0.17	0.17	0.17	0.15	0.15	0.25	0.25	0.25	0.25	0.25	0.24	0.24	0.24	0.24	0.24	0.24	0.24
Weighted average common shares outstanding:
Weighted Average Number of Shares Outstanding, Basic
794	806	802	813	819	831	848	854	851	851	850	850	849	851	847	848	730	679	677	677	675	676	675	676	693	695	707	710	708	706	706	706	706	705	711	713	711	-	710	710	-	-	-	-	-	-	-
Weighted Average Number of Shares Outstanding, Diluted
794	803	803	814	820	832	849	855	852	851	850	850	849	851	847	848	730	679	677	677	675	679	678	679	696	699	711	714	712	712	709	709	710	710	714	717	715	-	712	712	-	-	-	-	-	-	-