Marathon Oil Corporation - MRO- Profile

USX-Marathon Group. The principal activities of the Company are to explore, produce, market and transport crude oil and natural gas. The Group also pursues development, construction, ownership and operation of independent electric power projects. The Company operates in three segments: exploration and production; refining, marketing and transportation and other energy related businesses comprising of natural gas and crude oil marketing and transportation and power generation segment. The Company conducts exploration in the United States, the United Kingdom, Angola, Canada, Denmark, Ireland, the Netherlands and Norway. The Company has development centres in the United States, the United Kingdom, Canada, Gabon, Ireland, the Netherlands and Norway. Refined products accounted for 65% of 2000 revenues; liquid hydrocarbons, 20%; merchandise, 7%; natural gas, 7% and transportation and other products, 1%.