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Marathon Oil Corp (MRO.N)

MRO.N on New York Stock Exchange

16.80USD
3:35pm EDT
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$-0.89 (-5.03%)
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Latest Key Developments (Source: Significant Developments)

Marathon Oil Signs Agreement For Divestiture Of UK Business
Monday, 25 Feb 2019 02:39am EST 

Feb 25 (Reuters) - Marathon Oil Corp ::MARATHON OIL SIGNS AGREEMENT FOR DIVESTITURE OF U.K. BUSINESS.MARATHON OIL CORP - CLOSING CONSIDERATION PAYABLE TO MARATHON OIL WILL BE APPROXIMATELY $140 MILLION.MARATHON OIL CORP - AT YEAR-END 2018, COMPANY CARRIED 21.4 MILLION BARRELS OF OIL EQUIVALENT OF PROVED RESERVES IN U.K.MARATHON OIL CORP - ROCKROSE ENERGY WILL ASSUME ALL OBLIGATIONS ASSOCIATED WITH MOUK AND MOWOS OPERATIONS IN U.K, INCLUDING DECOMMISSIONING LIABILITY.MARATHON OIL CORP - TRANSACTION REPRESENTS A COMPLETE COUNTRY EXIT FOR MARATHON OIL.MARATHON OIL CORP - SHARE PURCHASE AGREEMENT THROUGH UNITS FOR SALE OF ITS U.K. BUSINESSES MARATHON OIL U.K. LLC AND MARATHON OIL WEST OF SHETLAND.  Full Article

Marathon Oil Sets Quarterly Dividend Of $0.05 Per Share
Wednesday, 30 Jan 2019 04:35pm EST 

Jan 30 (Reuters) - Marathon Oil Corp ::SETS QUARTERLY DIVIDEND OF $0.05PER SHARE.  Full Article

Lee Tillman To Succeed Dennis Reilley As Chairman Of The Board Of Marathon Oil Corporation
Wednesday, 30 Jan 2019 04:30pm EST 

Jan 30 (Reuters) - Marathon Oil Corp ::LEE TILLMAN TO SUCCEED DENNIS REILLEY AS CHAIRMAN OF THE BOARD OF MARATHON OIL CORPORATION.MARATHON OIL CORP - APPOINTED GREGORY BOYCE AS ITS LEAD INDEPENDENT DIRECTOR, EFFECTIVE FEB. 1.MARATHON OIL CORP - LEE TILLMAN HAS BEEN APPOINTED BY COMPANY'S BOARD OF DIRECTORS AS CHAIRMAN OF MARATHON OIL CORPORATION, EFFECTIVE FEB. 1.MARATHON OIL CORP - TILLMAN SUCCEEDS DENNIS REILLEY.  Full Article

Helix Energy Acquires Certain Oper Depths Associated With Droshky Prospect On Green Canyon Block 244
Monday, 21 Jan 2019 06:00pm EST 

Jan 21 (Reuters) - Helix Energy Solutions Group Inc ::HELIX SECURES P&A WORK WITH ACQUIRED LEASE IN GOM.HELIX ENERGY SOLUTIONS GROUP - ACQUIRED FROM MARATHON OIL CORP CERTAIN OPERATING DEPTHS ASSOCIATED WITH DROSHKY PROSPECT ON GREEN CANYON BLOCK 244.HELIX ENERGY SOLUTIONS - AS PER DEAL, CO WILL PERFORM REQUIRED PLUG & ABANDONMENT OPERATIONS FOR WHICH MARATHON OIL WILL PAY CERTAIN AGREED UPON AMOUNTS.  Full Article

Marathon Oil Reports Successful Bakken Core Extension Test In Ajax Area
Tuesday, 11 Dec 2018 04:35pm EST 

Dec 11 (Reuters) - Marathon Oil Corp ::PRESS RELEASE - MARATHON OIL REPORTS SUCCESSFUL BAKKEN CORE EXTENSION TEST IN AJAX AREA.MARATHON OIL - REPURCHASED ABOUT $150 MILLION OF ADDITIONAL COMMON STOCK SUBSEQUENT TO DATE OF Q3 EARNINGS RELEASE.  Full Article

Marathon Oil Sets Quarterly Dividend Of $0.05 Per Share
Tuesday, 30 Oct 2018 04:30pm EDT 

Oct 30 (Reuters) - Marathon Oil Corp ::SETS QUARTERLY DIVIDEND OF $0.05PER SHARE.  Full Article

Marathon Oil Corp Says Entered Third Amendment To Restated Credit Agreement Dated As Of May 28, 2014
Monday, 22 Oct 2018 05:44pm EDT 

Oct 22 (Reuters) - Marathon Oil Corp ::MARATHON OIL CORP - ON OCT 18, CO ENTERED THIRD AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT DATED AS OF MAY 28, 2014 - SEC FILING.MARATHON OIL CORP - AMENDMENT EXTENDS THE TERM OF THE CREDIT AGREEMENT FROM MAY 28, 2021 TO MAY 28, 2022.  Full Article

Marathon Oil Q2 Adjusted Earnings Per Share $0.15
Wednesday, 1 Aug 2018 04:30pm EDT 

Aug 1 (Reuters) - Marathon Oil Corp ::MARATHON OIL REPORTS SECOND QUARTER 2018 RESULTS.Q2 ADJUSTED EARNINGS PER SHARE $0.15.Q2 EARNINGS PER SHARE $0.11 INCLUDING ITEMS.Q2 EARNINGS PER SHARE VIEW $0.20 -- THOMSON REUTERS I/B/E/S.FULL-YEAR GUIDANCE RAISED WITH BUDGET UNCHANGED.U.S. E&P PRODUCTION AVERAGED 298,000 NET BOED FOR Q2 2018, UP 5 PERCENT COMPARED TO PRIOR QUARTER.QTRLY TOTAL REVENUES AND OTHER INCOME $1,417 MILLION VERSUS $1,059 MILLION REPORTED LAST YEAR.Q2 U.S. E&P UNIT PRODUCTION COSTS WERE DOWN JUST OVER 20 CENTS SEQUENTIALLY TO $5.66 PER BOE.FULL-YEAR GUIDANCE RAISED WITH BUDGET UNCHANGED.INTERNATIONAL E&P PRODUCTION AVERAGED 121,000 NET BOED FOR Q2, UP 6 PERCENT COMPARED TO 114,000 NET BOED IN PRIOR QUARTER EXCLUDING LIBYA.EXPECTS Q3 2018 U.S. PRODUCTION TO AVERAGE 290,000 TO 300,000 NET BARRELS OF OIL EQUIVALENT PER DAY (BOED).QTRLY TOTAL COMPANY NET PRODUCTION AVAILABLE FOR SALE FROM CONTINUING OPERATIONS OF 419 MBOED VERSUS 360 MBOED REPORTED LAST YEAR.MARATHON OIL - SEES Q3 2018 INTERNATIONAL PRODUCTION TO AVERAGE 105,000 TO 115,000 NET BOED, LOWER THAN Q2.MARATHON OIL - INCREASED ANNUAL 2018 TOTAL PRODUCTION GUIDANCE TO 400,000 TO 415,000 NET BOED, UP FROM 390,000 TO 410,000 NET BOED.MARATHON OIL - RAISED GUIDANCE FOR 2018 ANNUAL RESOURCE PLAY OIL AND BARREL OF OIL EQUIVALENT (BOE) GROWTH TO 28 - 32 PERCENT.  Full Article

Marathon Oil Sets Quarterly Dividend Of $0.05Per Share
Wednesday, 25 Jul 2018 04:30pm EDT 

Marathon Oil Corp ::SETS QUARTERLY DIVIDEND OF $0.05PER SHARE.  Full Article

Marathon Oil Signs Heads Of Agreement With The Government Of Republic Of Equatorial Guinea
Thursday, 10 May 2018 08:40am EDT 

May 10 (Reuters) - Marathon Oil Corp ::MARATHON OIL SIGNS HEADS OF AGREEMENT TO PROCESS THIRD-PARTY VOLUMES THROUGH EXISTING EQUATORIAL GUINEA INFRASTRUCTURE.MARATHON OIL CORP - NEW VOLUMES FROM THIRD PARTY ARE ANTICIPATED EARLY IN NEXT DECADE.  Full Article

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Norway's Aker BP switching gears from M&A to exploration

OSLO Norwegian oil and gas company Aker BP is switching emphasis from M&A toward exploration, taking a potentially riskier path to increase its resources after years when it has relied on acquisitions to add the bulk of its new barrels.