Douglas Foshee - Marathon Oil Independent Director

Director

Mr. Douglas L. Foshee is appointed as an Independent Director of the Company effective April 1, 2018. He is founder and owner of Sallyport Investments. He previously served as chairman, president and chief executive officer of El Paso Corporation until its merger with Kinder Morgan in 2012. He also served as a director of El Paso Pipeline GP Company, L.L.C., the general partner of El Pasos publicly traded master limited partnership, El Paso Pipeline Partners, L.P. Prior to joining El Paso in 2003, he worked for Halliburton Company in various roles including executive vice president and chief operating officer, and executive vice president and chief financial officer. Prior to Halliburton, he was president, CEO and chairman of Nuevo Energy Company from 1998 to 2000, and served in various positions including chief operating officer and CEO at Torch Energy Advisors from 1993 to 1997 since 2018.
Age 60
Tenure 7 years
Professional MarksMBA
Phone713 629 6600
Webhttps://www.marathonoil.com
Foshee is a founder and director of NextOp Vets and founder of Houstonians for Great Public Schools. He is an executive board member of KIPP Houston, serves on the board of trustees of Rice University and is on the council of overseers of the Jesse H. Jones Graduate School of Management at Rice University. He holds an MBA from Rice University and a bachelor’s degree from Southwest Texas State University. Foshee also serves as a board member for various charitable and nonprofit organizations, including the Texas Business Hall of Fame Foundation, Welch Foundation and the Houston Endowment. As a former chairman, president and CEO of a public oil and gas exploration and production company with over 30 years of energy industry experience, Mr. Foshee has a comprehensive knowledge and understanding of our business, provides superb leadership to our management team, and provides the Board with essential insight and guidance from an inside perspective on the daytoday operations of our Company.

Marathon Oil Management Efficiency

The company has Return on Asset of 0.0596 % which means that on every $100 spent on assets, it made $0.0596 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1174 %, implying that it generated $0.1174 on every 100 dollars invested. Marathon Oil's management efficiency ratios could be used to measure how well Marathon Oil manages its routine affairs as well as how well it operates its assets and liabilities.
Marathon Oil has 5.43 B in debt with debt to equity (D/E) ratio of 0.37, which is OK given its current industry classification. Marathon Oil has a current ratio of 1.06, demonstrating that it may not be capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Marathon to invest in growth at high rates of return.

Similar Executives

Showing other executives

DIRECTOR Age

Donald TextorEOG Resources
74
David McManusHess Corporation
66
William McRavenConocoPhillips
65
Marc LipschultzHess Corporation
51
Avedick PoladianOccidental Petroleum
69
Robert DanielsEOG Resources
62
Charles CrispEOG Resources
73
Vicky BaileyOccidental Petroleum
68
John FaraciConocoPhillips
71
Gary HuOccidental Petroleum
32
Janet ClarkEOG Resources
66
Robert HenryDevon Energy
65
Frances VallejoCoterra Energy
56
Valerie WilliamsDevon Energy
64
Rodney ChaseHess Corporation
74
John KrenickiDevon Energy
57
James DayEOG Resources
77
Hans HelmerichCoterra Energy
62
Terrence CheckiHess Corporation
75
Michael KerrEOG Resources
61
Julie RobertsonEOG Resources
65
Marathon Oil Corporation operates as an independent exploration and production company in the United States and internationally. Marathon Oil Corporation was founded in 1887 and is headquartered in Houston, Texas. Marathon Oil operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 1531 people. Marathon Oil (MRO) is traded on New York Stock Exchange in USA and employs 1,681 people.

Management Performance

Marathon Oil Leadership Team

Elected by the shareholders, the Marathon Oil's board of directors comprises two types of representatives: Marathon Oil inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Marathon. The board's role is to monitor Marathon Oil's management team and ensure that shareholders' interests are well served. Marathon Oil's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Marathon Oil's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mike Henderson, Senior Vice President - Operations
James Wells, Independent Director
CPA IV, Vice Relations
Bruce McCullough, CIO, Vice President - Technology and Innovation
Holli Ladhani, Independent Director
Reginald Hedgebeth, Senior Vice President, Chief Administrative Officer, General Counsel, Secretary
Michael Henderson, Senior Vice President - Operations
Rob White, Chief Accounting Officer, Vice President Controller
Marcela Donadio, Lead Independent Director
Jill Ramshaw, Senior Resources
Zach Dailey, Controller VP
Lee Tillman, Chairman of the Board, President, Chief Executive Officer
Kimberly JD, General VP
Chadwick Deaton, Independent Director
Dane Whitehead, Chief Financial Officer, Executive Vice President
M Hyland, Independent Director
Brent Smolik, Independent Director
Douglas Foshee, Independent Director
Gary Wilson, Chief Accounting Officer, Vice President Controller, Principal Accounting Officer
Gregory Boyce, Lead Independent Director
Kimberly Warnica, Executive Vice President, General Counsel and Secretary
Jason Few, Independent Director
Patrick Wagner, Executive Vice President - Corporate Development and Strategy

Marathon Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Marathon Oil a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Marathon Oil

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Marathon Oil position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Marathon Oil will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Microsoft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microsoft when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Microsoft - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Microsoft to buy it.
The correlation of Microsoft is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Microsoft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microsoft moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Microsoft can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

Other Consideration for investing in Marathon Stock

If you are still planning to invest in Marathon Oil check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Marathon Oil's history and understand the potential risks before investing.
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals