News: Marathon Oil Corp (MRO)

MRO on New York Consolidated

40.23USD
28 Jul 2014
Price Change (% chg)

$-0.28 (-0.69%)
Prev Close
$40.51
Open
$40.45
Day's High
$40.54
Day's Low
$40.07
Volume
4,174,936
Avg. Vol
5,895,300
52-wk High
$40.74
52-wk Low
$31.57

Search Stocks
Select another date:

Mon, Jun 2 2014

UPDATE 1-U.S. Steel to idle facilities in Pennsylvania, Texas

(New throughout, adds comment from executive, background on tubular steel trade case.)

UPDATE 2-Marathon Oil quits Norway via $2.1 bln Det norske deal

* To finance deal through bank loan, rights issue (Adds detail, analysts, valuation, share reaction)

BUSINESS-NEWS-SCHEDULE AT 0830 GMT / 4.30 AM ET

LONDON/BEIJING - Signs of an economic revival in China have raised hopes that Beijing's targeted measures to bolster growth are having an impact, but a slowdown in the euro zone will increase expectations of policy easing there. (GLOBAL-ECONOMY/(WRAPUP 2), expect by 1030 GMT/6.30 AM ET, by Jonathan Cable and Aileen Wang, 700 words)

CORRECTED-UPDATE 1-Det norske buys Marathon's Norwegian assets for $2.1 bln cash

OSLO, June 2 - Energy firm Det norske has agreed to buy Marathon Oil Corp's Norwegian business for $2.1 billion in cash and has secured the financing needed to pay for its share of the $20 billion Johan Sverdrup field in the North Sea, it said on Monday.

CORRECTED-NORDIC STOCKS-Factors to watch on June 2

HELSINKI, June 2 - The following stocks may be affected by newspaper reports and other factors on Monday:

Det norske buys Marathon's Norwegian assets for $2.1 bln

OSLO, June 2 - Norwegian oil and gas firm Det norske agreed to take over Marathon Oil's Norwegian business for $2.1 billion in cash, increasing its output by around 80,000 barrels per day, the firms said on Monday.

With Hess deal, Marathon fuel traders gain big East Coast foothold

- Marathon Petroleum Corp is poised to expand its growing Midwest and Gulf Coast fuel trading operation to the East Coast with Thursday's deal to buy Hess Corp's retail network and transport contracts.

With Hess deal, Marathon fuel traders gain big E.Coast foothold

May 22 - Marathon Petroleum Corp is poised to expand its growing Midwest and Gulf Coast fuel trading operation to the East Coast with Thursday's deal to buy Hess Corp's retail network and transport contracts.

DIARY-U.S. MEETINGS/WEEK AHEAD

THOMSON REUTERS, May 20,2014 - Corporate Meetings for US companies for Week ahead. S&P 500 Earnings - Weekly S&P 500 Earnings - Day Ahead Non S&P 500 - Weekly Non S&P 500 - Day Ahead ConferenceCall/Webcast - Weekly ConferenceCall/Webcast - Day S&P 500 Earnings - Monthly Meetings - Day Ahead Economic Indicators Dividends Daily earnings hits & misses Federal Rese

UPDATE 1-Severstal says mulls options for U.S. operations

MOSCOW, May 14 - Russian steelmaker Severstal said on Wednesday it was considering a range of strategic options in relation to its North American operations.

Select another date:
Search Stocks