Marathon Oil Corp.

HOUSTON, April 26, 2018 -- Marathon Oil Corp. announced today that the Company's board of directors has declared a dividend of 5 cents per share on Marathon Oil Corp. common stock. The dividend is payable on June 11, 2018, to stockholders of record on May 16, 2018. For more information on Marathon Oil Corp., visit the Company's website at [...]

HOUSTON, March 28, 2018 -- Marathon Oil Corp. announced today it plans to issue its first quarter 2018 earnings news release on Wednesday, May 2, after the close of U.S. financial markets. The Company will conduct a conference call, which will be webcast live, on Thursday, May 3, at 9 a.m. ET. The call will include forward-looking information. All [...]

HOUSTON, March 06, 2018 -- Marathon Oil Corp. announced today that Douglas L. Foshee and M. Elise “Lisa” Hyland have been elected to the Company’s board of directors, effective April 1, 2018. “We welcome Doug and Lisa to Marathon Oil’s board of directors,” said Dennis Reilley, Marathon Oil’s non-executive [...]

HOUSTON, March 02, 2018 -- Marathon Oil Corp. announced today it has signed and closed on the sale of its subsidiary, Marathon Oil Libya Limited, which holds the Company’s 16.33 percent non-operated interest in the Waha concessions in Libya, to a subsidiary of Total S.A. for cash consideration of $450 million. The divestiture represents a [...]

HOUSTON, Feb. 14, 2018 -- Marathon Oil Corp. today announced a $2.3 billion returns-driven development capital budget for 2018, which is self-funding at $50 average WTI, including dividends, and generates meaningful free cash flow at $60 average WTI. More than 90 percent will be directed to the four U.S. resource plays, with corporate cash return [...]

HOUSTON, Jan. 30, 2018 -- Marathon Oil Corp. announced today that the Company's board of directors has declared a dividend of 5 cents per share on Marathon Oil Corp. common stock. The dividend is payable on March 12, 2018, to stockholders of record on Feb. 21, 2018. For more information on Marathon Oil Corp., visit the Company's website at [...]

HOUSTON, Dec. 13, 2017 -- Marathon Oil Corp. announced today it plans to issue its fourth quarter and full-year 2017 earnings news release and details of the Company’s 2018 capital program on Wednesday, Feb. 14, after the close of U.S. financial markets. Prepared remarks along with accompanying slides will be available on the Company's [...]

Houston, Nov. 28, 2017 -- Marathon Oil Corp. announced today that it has entered into a transaction to redeem at par the outstanding $1 billion of 5.125 percent municipal revenue bonds due in 2037. This transaction will reduce gross debt by $1 billion and annual cash interest expense by $51 million while preserving the ability to remarket up to $1 [...]

HOUSTON, Nov. 01, 2017 (GLOBE NEWSWIRE) -- Marathon Oil Corp. (NYSE:MRO) today reported a third quarter 2017 net loss of $599 million, or $0.70 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. The adjusted net loss was [...]

HOUSTON, Oct. 25, 2017 (GLOBE NEWSWIRE) -- Marathon Oil Corp. (NYSE: MRO) announced today that the Company's board of directors has declared a dividend of 5 cents per share on Marathon Oil Corp. common stock. The dividend is payable on Dec. 11, 2017, to stockholders of record on Nov. 15, 2017. For more information on Marathon Oil Corp., visit the [...]