Marathon Oil stock joins ConocoPhillips after completed acquisition

Published on 09/28/2026 at 12:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Marathon Oil stock reported USD 1.8 billion in Q3 2024 revenue and EPS of USD 0.64. ConocoPhillips completed its acquisition on November 22, 2024.

Ölfeld mit Pumpjacks und Bohrturm bei Sonnenuntergang, symbolisch für Marathon Oil — Marathon Oil (US5658491064): fotorealistisches Ölfeld bei Sonnenuntergang zeigt Pumpjacks, Bohrturm und Pipelines in weiter Wüstenlandschaft, Illustration mit AI erstellt.

Marathon Oil stock (ISIN US5658491064) reported USD 1.8 billion in revenue for Q3 2024, while earnings per share reached USD 0.64 against USD 0.63 expected. The result now serves as historical operating context after ConocoPhillips completed its acquisition of Marathon Oil on November 22, 2024.

Quarterly figures beat expectations

GetSignal lists Marathon Oil's Q3 2024 revenue at USD 1.8 billion, compared with USD 1.6 billion expected. Its EPS of USD 0.64 also exceeded the USD 0.63 consensus figure, giving the historical quarter a quantified earnings and revenue comparison.

The finance record for the same quarter shows USD 287.0 million in net income and USD 1.2 billion in operating cash flow. Those figures belong to Q3 2024 and should be read as pre-acquisition results, not as a current standalone reporting period.

ConocoPhillips completed the deal

ConocoPhillips completed its acquisition of Marathon Oil Corporation on November 22, 2024, according to the Kathari News page carrying the Business Wire release. The transaction changed the corporate setting around the former Marathon Oil listing and moved the operating story into ConocoPhillips' portfolio.

For data users, the distinction between Marathon Oil and Marathon Petroleum remains material. A September 23, 2026 report by IT Boltwise assigns Marathon Oil to ticker MRO and the NYSE, while Marathon Petroleum uses ticker MPC and a different ISIN. That identifier split matters when historical prices or company figures are imported into automated reports.

Identifier discipline matters

The Marathon Oil identifier is US5658491064, paired with ticker MRO in the September 23, 2026 market-data report. The comparison with Marathon Petroleum is not a valuation view; it is a data-integrity checkpoint that helps separate an acquired issuer from a similarly named refiner.

For investors reviewing older Marathon Oil research, the most useful anchors are the reporting period and the security identifier. Q3 2024 revenue of USD 1.8 billion, EPS of USD 0.64 and the November 22, 2024 acquisition date provide three concrete markers for that historical record.

Marathon Oil's corporate record

Marathon Oil's historical operating figures remain tied to the Q3 2024 reporting period, while its acquisition by ConocoPhillips defines the later corporate record. The NYSE and MRO identifiers belong to Marathon Oil, not to Marathon Petroleum.