ConocoPhillips announced that it has completed its acquisition of Marathon Oil. "This acquisition of Marathon Oil is a perfect fit for ConocoPhillips, adding to our deep, durable and diverse portfolio while meeting our strict financial framework," said Ryan Lance, chairman and chief executive officer. "Marathon Oil adds high-quality, low cost of [...]
Marathon Oil reported third quarter 2024 net income of $287 million or $0.51 per diluted share, which includes the impact of certain items not typically represented in analysts' earnings estimates and that would otherwise affect comparability of results. Adjusted net income was $360 million or $0.64 per diluted share. Net operating cash flow was [...]
Marathon Oil Corp. announced today that the Company's board of directors has declared a dividend of 11 cents per share on Marathon Oil Corporation common stock. The dividend is payable on Dec. 10, 2024, to stockholders of record on Nov. 15, 2024. About Marathon Oil Marathon Oil Corporation is an independent oil and gas exploration and production [...]
Marathon Oil announced it plans to issue its third quarter 2024 earnings release on Wednesday, Nov. 6, after the close of U.S. financial markets. Due to the pending merger with ConocoPhillips, Marathon Oil will not conduct a third quarter earnings conference call or webcast. About Marathon Oil Marathon Oil is an independent oil and gas exploration [...]
Marathon Oil announced that it received the necessary stockholder approval for Marathon Oil's pending merger with ConocoPhillips . Marathon Oil will file the vote results of the special stockholder meeting in a Form 8-K with the U.S. Securities and Exchange Commission. Marathon Oil and ConocoPhillips continue to expect the transaction to close late [...]
Marathon Oil reported second quarter 2024 net income of $349 million or $0.62 per diluted share, which includes the impact of certain items not typically represented in analysts' earnings estimates and that would otherwise affect comparability of results. Adjusted net income was $357 million or $0.63 per diluted share. Net operating cash flow was [...]
Marathon Oil announced today that the Company's board of directors has declared a dividend of 11 cents per share on Marathon Oil Corporation common stock. The dividend is payable on Sept. 10, 2024, to stockholders of record on Aug. 21, 2024. About Marathon Oil Marathon Oil Corporation is an independent oil and gas exploration and production company [...]
Marathon Oil announced it plans to issue its second quarter 2024 earnings release on Wednesday, Aug. 7, after the close of U.S. financial markets. Due to the pending merger with ConocoPhillips, Marathon Oil will not conduct a second quarter earnings conference call or webcast. About Marathon Oil Marathon Oil Corporation is an independent oil and [...]
Marathon Oil reported first quarter 2024 net income of $297 million or $0.52 per diluted share, which includes the impact of certain items not typically represented in analysts' earnings estimates and that would otherwise affect comparability of results. Adjusted net income was $317 million or $0.55 per diluted share. Net operating cash flow was [...]
Marathon Oil Corp. announced today that the Company's board of directors has declared a dividend of 11 cents per share on Marathon Oil Corp. common stock. The dividend is payable on June 10, 2024, to stockholders of record on May 15, 2024. About Marathon OilMarathon Oil Corp. is an independent oil and gas exploration and production company focused [...]
Marathon Oil Corp. announced today it plans to issue its first quarter 2024 earnings release on Wednesday, May 1, after the close of U.S. financial markets. The company will conduct a conference call via live webcast, on Thursday, May 2, at 9 a.m. ET. The call will include forward-looking information. All of the above information, including [...]
Marathon Oil Corp. announced today that it has priced an offering of senior notes in an aggregate amount of $1.2 billion, consisting of $600 million principal amount of its 5.300% Senior Notes due 2029 and $600 million principal amount of its 5.700% Senior Notes due 2034. The Company intends to use the net proceeds from the offering, together with [...]