Marathon Oil Corp.

Houston, July 14, 2016 (GLOBE NEWSWIRE) -- Marathon Oil Corp. (NYSE: MRO) announced today that it has achieved first gas production through its new Alba B3 offshore compression platform off Equatorial Guinea. Production from the B3 platform allows Marathon Oil to convert approximately 130 million barrels of oil equivalent of proved undeveloped [...]

HOUSTON, June 23, 2016 (GLOBE NEWSWIRE) -- Marathon Oil Corp. (NYSE: MRO) announced today it plans to issue its second quarter 2016 earnings news release on Wednesday, Aug. 3, after the close of U.S. financial markets. Prepared remarks along with accompanying slides will be available on the Company's website approximately one hour after the [...]

Houston, June 20, 2016 (GLOBE NEWSWIRE) -- Marathon Oil Corp. (NYSE:MRO) today announced the signing of a definitive purchase and sale agreement to acquire PayRock Energy Holdings, LLC (“PayRock”), a portfolio company of EnCap Investments, for $888 million. PayRock has approximately 61,000 net surface acres and current production of [...]

HOUSTON, May 04, 2016 (GLOBE NEWSWIRE) -- Marathon Oil Corp. (NYSE:MRO) today reported a first quarter 2016 adjusted net loss of $317 million, or $0.43 per diluted share, excluding the impact of certain items not typically represented in analysts' earnings estimates and that would otherwise affect comparability of results. The reported net loss was [...]

Houston, April 27, 2016 (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 June 10, 2016, to stockholders of record on May 18, 2016. For more information on Marathon Oil Corp., visit the [...]

HOUSTON, April 11, 2016 (GLOBE NEWSWIRE) -- Marathon Oil Corp. (NYSE: MRO) announced today it has signed agreements for the sale of certain non-core assets for $950 million, bringing the total to approximately $1.3 billion since last year. In the largest transaction, the Company will divest all of its Wyoming upstream and midstream assets for $870 [...]

HOUSTON, March 31, 2016 (GLOBE NEWSWIRE) -- Marathon Oil Corp. (NYSE: MRO) announced today it plans to issue its first quarter 2016 earnings news release on Wednesday, May 4, after the close of U.S. financial markets. Prepared remarks along with accompanying slides will be available on the Company's website approximately one hour after the earnings [...]

HOUSTON, Feb. 29, 2016 (GLOBE NEWSWIRE) -- Marathon Oil Corp. (NYSE: MRO) today announced that it has priced an upsized underwritten public offering of 145 million shares of its common stock, at a price to the public of $7.65 per share. In connection with the upsized offering, Marathon Oil has granted the underwriters a thirty day option to [...]

HOUSTON, Feb. 29, 2016 (GLOBE NEWSWIRE) -- Marathon Oil Corp. (NYSE: MRO) announced today that it intends to offer, subject to market and other conditions, a public offering of 135,000,000 shares of its common stock. In connection with the offering, Marathon Oil intends to grant the underwriters a 30 day option to purchase up to 20,250,000 [...]

HOUSTON, Feb. 17, 2016 (GLOBE NEWSWIRE) -- Marathon Oil Corp. (NYSE: MRO) announced today a 2016 capital program of $1.4 billion: Reduced more than 50% below 2015 and more than 75% below 2014 Focused on balance sheet protection and operational flexibility Total Company production expected to decline 6-8% on divestiture-adjusted basis Increased [...]