Marathon Oil
Marathon Oil operates in key U.S. resource plays and engages in oil and gas development in Equatorial Guinea, with significant interests in offshore fields and processing plants.
Operations in U.S. Unconventional Resource Plays
Marathon Oil is actively involved in the exploration and production of oil and gas within various U.S. unconventional resource plays. These include the Eagle Ford, Bakken, STACK/SCOOP, and Permian basins. The company's strategic focus on these resource-rich areas underscores its commitment to leveraging cutting-edge technologies and methodologies to optimize resource extraction and production.
International Operations in Equatorial Guinea
Marathon Oil has significant operations in Equatorial Guinea, specifically focusing on offshore oil and gas development. The company owns a 63% operated working interest in the Alba field and an 80% operated working interest in Block D. Additionally, it owns 52% of Alba Plant LLC, managing an onshore LPG processing plant. Marathon Oil also holds substantial stakes in EGHoldings (60%) and AMPCO (45%), which operate a LNG production facility and a methanol plant, respectively.
Shareholder Services and Investment Plans
Marathon Oil offers a range of services to its shareholders, aiming to facilitate and enhance their investment experiences. These services include direct stock purchase plans and dividend reinvestment programs. These initiatives provide shareholders with convenient and efficient methods to invest in the company and benefit from its financial performance.
Commitment to Sustainability and ESG Efforts
Marathon Oil publishes a comprehensive sustainability report that details its environmental, social, and governance (ESG) initiatives. The company is committed to responsible and sustainable business practices, as evidenced by its ESG efforts. Marathon Oil's sustainability report outlines various measures and goals to minimize its environmental footprint, promote social responsibility, and uphold robust governance standards.
Human Rights Policy and Community Engagement
Marathon Oil's human rights policy is aligned with internationally recognized principles, reflecting its dedication to ethical operations. The company supports various community engagement and social impact investment initiatives, striving to make a positive difference in the communities where it operates. These efforts demonstrate Marathon Oil's commitment to fostering social progress and maintaining responsible corporate citizenship.