abhishreshthaa

Abhijeet S
Marathon Oil Corporation, is a worldwide oil and natural gas exploration and production company. Principal exploration activities are in the United States, Norway, Equatorial Guinea, Angola and Canada. Principal development activities are in the United States, the United Kingdom, Norway, Equatorial Guinea, and Gabon. In addition, Marathon operates other businesses that market and transport its own and third-party natural gas, crude oil and products manufactured from natural gas, such as liquefied natural gas and methanol, primarily in the United States, Europe and West Africa. Marathon's headquarters facility is the Marathon Oil Tower in Houston, Texas.


Strengths

* Presence across the entire oil and gas value chain (exploration, development and production)
* Strong refining operations
* Wide product portfolio

Weaknesses

* Lack of scale, particularly compared to competitors
* Litigations around water contamination
* Declining oil/gas reserves

Opportunities

* Acquisition of Western Oil Sands
* Expansion of refineries
* Increasing natural gas business

Threats

* Industry regulation related to greenhouse gases emissions
* Intense competition
* Increasing crude oil prices
* Risks associated with conducting operations
outside the US
 
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