COVID Stimulus Watch Individual Entry
Recipient Company:
MARATHON OIL CORP
Loan or Loan Guarantee Amount:
$1,006,991
Recipient Details
Ownership Structure: publicly traded (ticker symbol MRO)
Award Details
Award Date: Jul 10, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...
Parent Company Data
Parent Company: Marathon Oil
Headquartered in: Texas
Parent Sector: oil and gas
Parent Industry: oil & gas
Employees (prior to pandemic): 2,000
Accountability Issues Since 2010
Employment-related Penalties: $300,007
Government-contracting-related Penalties: $4,708,316
Environmental / Healthcare / Safety Penalties: $670,186
Good Jobs First has no data in this category
Ratio of CEO Pay to that of Median Worker: 97 to 1
CEO Compensation: $14,050,851
Worker Median Pay: $144,720
Total Federal, State, and Local Subsidies: $1,232,827
Federal Corporate Income Tax Rate: 0.9%
Violation Tracker
Employment Issues
Environment / Safety Issues
Consumer Protection Issues
CEO Pay Issues