COVID Stimulus Watch Individual Entry

Recipient Company:

MARATHON OIL CORPORATION

Loan or Loan Guarantee Amount:

$1,125,000

Recipient Details

Ownership Structure: publicly traded (ticker symbol MRO)

Facility Street Address: 5555

Facility City: HOUSTON

Facility State: TX

Facility Zip Code: 77056

Facility Congressional District: TX-07

Facility NAICS Code: 424720 : Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)

Award Date: Feb 2, 2021

Award Type: loan

Jobs Reported at Time of Application: 235

PPP Lender: Itria Ventures LLC

Program Name: Paycheck Protection Program ($150,000 and up)

Legislation: CARES

Awarding Agency: Small Business Administration

Data Source for Award:

Parent Company: Marathon Oil

Headquartered in: Texas

Parent Sector: oil and gas

Parent Industry: oil & gas

Employees (prior to pandemic): 2,000

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