MRO meaning in Business ?

Answer: What is Marathon Oil Corporation mean?

Marathon Oil Corporation is an American company engaged in hydrocarbon exploration incorporated in Ohio and headquartered in the Marathon Oil Tower in Houston, Texas.

The company is ranked 534th on the Fortune 500 and 1900th on the Forbes Global 2000.

As of December 31, 2020, the company had 972 million barrels of oil equivalent (5.95×109 GJ) of estimated proven reserves, of which 86% was in the United States and 14% was in Equatorial Guinea.

The company's proved reserves consisted 52% of petroleum, 30% natural gas and 18% natural gas liquids.

In 2020, the company sold 383 thousand barrels of oil equivalent (2,340,000 GJ) per day, of which 26% was from the Eagle Ford Group, 27% was from the Bakken formation, 17% was from Oklahoma, 7% was from the Northern Delaware Basin, 2% was from other U.S. sources, and 20% was from Equatorial Guinea.

In 2020, the company derived 13% of its revenues from sales to Marathon Petroleum and 12% of its revenues from sales to Koch Industries.

reference

Full Form	Category
Maintenance, Repair, and Operating	Accounts and Finance
Main Refinancing Operation	Accounts and Finance
Masterton	Airport Code
Melrose	Business
My Route Online	Business
Marketing Resource Organization	Business
USX- Marathon Group	Business
Maintenance Repairs And Operations	Business
Mount Rogers Outfitters	Business
Marathon Oil Corporation	Business
Maintenance and Repair Office	Business
Multi Region Option	Computing
Machine Repair Option	Computing
Memory Read Out	Computing
Multi Region Operation	Computing
Machine Repair Operation	Computing
Mauritanian Ouguiya	Country Currency
Midwest Reliability Organization	General
Mountains and Rivers Order	General
Material Release Order	General
Magdalena Ridge Observatory	General
Mobile Repayment Option	General
Market Rent Only	General
Minature Rifle Optic	General
Miniature Rifle Optic	General
Maintenance Repair and Operational	General
Malogabaritnyy Reaktivnyy Ognemet	General
Maintenance Resale and Operating	General
Minimum Realistic and Optimistic	General
Mechanical Reproduction Order	General
Mass in Running Order	General
Maintenance Repair Operations	General
Maintenance Repair Overhaul	General
Maintenance Repair Operating	General
Motorcyclists Rights Organization	General
Maintenance Repairs And Operational	General
Maintenance Repair And Operation	General
Motorcyclists Right Organization	General
Malaysia Ragnarok Online	General
Maintenance Repair Organization	General
Medicaid Rehab Option	Governmental
Mooresville Regional Office	Governmental
Motorcycle Rights Organization	Governmental
Medical Records Officer	Medical
Medical Review Officers	Medical
Multidrug Resistant Organism	Medical
Minneapolis Radiation Oncology	Medical
Muscle Receptor Organ	Medical
Mass Rescue Operation	Military and Defence
Medical Regulating Office	Military and Defence
Materiel Release Order	Military and Defence
Medical Regulating Officer	Military and Defence
Maintenance Repair and Operations	Military and Defence
Medical Review Officer	Military and Defence
Medium-range Order	Physics Related
Mauritania Ouguiya	Regional
Masterton, New Zealand	Regional
Method Resolution Order	Softwares
Maintenance, Repair, and Overhaul	Space Science
Mars Reconnaissance Orbiter	Space Science
Motor Racing Outreach	Sports