Patrick Wagner - Marathon Oil President

MRODelisted Stock  USD 28.55  0.56  1.92%   

President

Mr. Patrick J. Wagner serves as Executive Vice PresidentCorporationrate Development and Strategy of the Company since November 2017 after having served as senior vice president of corporate development and strategy since March 2017, vice president of corporate development and interim chief financial officer since August 2016 and vice president of corporate development since April 2014. Prior to this appointment, he served as senior vice president, western business unit, for QR Energy LP and the affiliated Quantum Resources Management, which he joined in early 2012 as vice president, exploitation. Prior to that, Mr. Wagner was managing director in Houston for Scotia Waterous, the oil and gas arm of Scotiabank, from 2010 to 2012. Before joining Scotia, Mr. Wagner was vice president, Gulf of Mexico, for Devon Energy Corporationration, having joined Devon in 2003 as manager, international exploitation. since 2017.
Age 59
Tenure 7 years
Phone713 629 6600
Webhttps://www.marathonoil.com
Wagner most recently served as senior vice president, Western Business Unit, for QR Energy LP and the affiliated Quantum Resources Management, which he joined in early 2012 as vice president, Exploitation. Prior to that, from 2010 to 2012, Wagner was managing director in Houston for Scotia Waterous, the oil and gas arm of Scotiabank. efore joining Scotia, Wagner was vice president, Gulf of Mexico, for Devon Energy Corporation in Houston, and managed an asset base that included 28 producing fields, four nonoperated deepwater discoveries under development and an annual capital budget of $580 million. He began at Devon in 2003 as manager, International Exploitation. rom 2000 to 2003, Wagner worked for Ocean Energy Inc. in Houston, where he began as a reservoir engineer specialist before advancing to the positions of manager, Acquisitions & Divestitures, and manager, International Exploitation

Patrick Wagner Latest Insider Activity

Tracking and analyzing the buying and selling activities of Patrick Wagner against Marathon Oil stock is an integral part of due diligence when investing in Marathon Oil. Patrick Wagner insider activity provides valuable insight into whether Marathon Oil is net buyers or sellers over its current business cycle. Note, Marathon Oil insiders must abide by specific rules, including filing SEC forms every time they buy or sell Marathon Oil'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Marathon Oil Management Efficiency

The company has Return on Asset of 0.0596 % which means that on every $100 spent on assets, it made $0.0596 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1174 %, implying that it generated $0.1174 on every 100 dollars invested. Marathon Oil's management efficiency ratios could be used to measure how well Marathon Oil manages its routine affairs as well as how well it operates its assets and liabilities.
Marathon Oil has 5.43 B in debt with debt to equity (D/E) ratio of 0.37, which is OK given its current industry classification. Marathon Oil has a current ratio of 1.06, demonstrating that it may not be capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Marathon to invest in growth at high rates of return.

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Marathon Oil Corporation operates as an independent exploration and production company in the United States and internationally. Marathon Oil Corporation was founded in 1887 and is headquartered in Houston, Texas. Marathon Oil operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 1531 people. Marathon Oil (MRO) is traded on New York Stock Exchange in USA. It is located in 990 Town and Country Boulevard, Houston, TX, United States, 77024-2217 and employs 1,681 people. Marathon Oil is listed under Petroleum and Natural Gas category by Fama And French industry classification.

Management Performance

Marathon Oil Leadership Team

Elected by the shareholders, the Marathon Oil's board of directors comprises two types of representatives: Marathon Oil inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Marathon. The board's role is to monitor Marathon Oil's management team and ensure that shareholders' interests are well served. Marathon Oil's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Marathon Oil's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mike Henderson, Senior Vice President - Operations
James Wells, Independent Director
CPA IV, Vice Relations
Bruce McCullough, CIO, Vice President - Technology and Innovation
Holli Ladhani, Independent Director
Reginald Hedgebeth, Senior Vice President, Chief Administrative Officer, General Counsel, Secretary
Michael Henderson, Senior Vice President - Operations
Rob White, Chief Accounting Officer, Vice President Controller
Marcela Donadio, Lead Independent Director
Jill Ramshaw, Senior Resources
Zach Dailey, Controller VP
Lee Tillman, Chairman of the Board, President, Chief Executive Officer
Kimberly JD, General VP
Chadwick Deaton, Independent Director
Dane Whitehead, Chief Financial Officer, Executive Vice President
M Hyland, Independent Director
Brent Smolik, Independent Director
Douglas Foshee, Independent Director
Gary Wilson, Chief Accounting Officer, Vice President Controller, Principal Accounting Officer
Gregory Boyce, Lead Independent Director
Kimberly Warnica, Executive Vice President, General Counsel and Secretary
Jason Few, Independent Director
Patrick Wagner, Executive Vice President - Corporate Development and Strategy

Marathon Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Marathon Oil a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Marathon Oil

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Marathon Oil position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Marathon Oil will appreciate offsetting losses from the drop in the long position's value.

Moving against Marathon Stock

  0.4BRY Berry Petroleum CorpPairCorr
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The ability to find closely correlated positions to Marathon Oil could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Marathon Oil when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Marathon Oil - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Marathon Oil to buy it.
The correlation of Marathon Oil is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Marathon Oil moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Marathon Oil moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Marathon Oil can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marathon Oil. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Other Consideration for investing in Marathon Stock

If you are still planning to invest in Marathon Oil check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Marathon Oil's history and understand the potential risks before investing.
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