CHICAGO, June 3, 2011 /PRNewswire/ -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Marathon Oil Corporation
, Kohlberg Kravis Roberts & Co. , ExxonMobil [...]
HOUSTON, Dec. 13, 2010 - Marathon Oil Corporation (NYSE: MRO) announced today the results of the deepwater Bravo-1 well drilled in the northeastern portion of the Pasangkayu production sharing contract (PSC) area offshore the island of Sulawesi in the Makassar Strait, Indonesia. Marathon, through its
Marathon Oil Corporation (NYSE: MRO) today announced that its wholly owned subsidiary Marathon Petroleum Company LP (MPC) has closed the transaction with ACON Investments, LLC (ACON) and TPG Capital (TPG) for the sale of most of Marathon's Minnesota downstream assets. ACON and TPG formed
Entry Builds on Company's Strategy Targeting Unconventional, Liquids-Rich Resource Plays
HOUSTON, TX -- (Marketwire) -- 11/29/10 -- Marathon Oil Corporation (NYSE: MRO) announced today that it has completed an agreement with Denali Oil & Gas for entry into the Eagle Ford Shale formation in Wilson and Atascosa counties, Texas. Under the terms of the agreement, Marathon will pay Denali $10 million as well as drill and complete four wells to earn approximately 17,000 net acres. Marathon also has the option to purchase Denali's remaining 58,000 net acres in the Eagle Ford Shale in these two counties. If Marathon executes this option, the full 75,000 net acres, including the initial payment, carried well interest and lease extensions, will cost approximately $2,800 per acre or a total of approximately $209 million. Marathon has until Oct. 31, 2011, to exercise this option.
HOUSTON, TX -- (Marketwire) -- 11/10/10 -- Marathon Oil Corporation (NYSE: MRO) announced today that Clarence P. Cazalot Jr., Marathon's president and chief executive officer, will be presenting at the Bank of America Merrill Lynch Global Energy Conference on Thursday, Nov. 11, 2010, at 4:20 p.m. EST.
HOUSTON, TX -- (Marketwire) -- 10/27/10 -- Marathon Oil Corporation (NYSE: MRO) announced today that Pierre R. Brondeau has been elected to the Company's board of directors. The release issued earlier today incorrectly stated the effective date. The correct effective date is Jan. 1, 2011.
HOUSTON, TX -- (Marketwire) -- 10/27/10 -- Marathon Oil Corporation (NYSE: MRO) announced today that the Company's board of directors has declared a dividend of 25 cents per share on Marathon Oil Corporation common stock. The dividend is payable Dec. 10, 2010, to stockholders of record on Nov. 17, 2010.
HOUSTON, TX -- (Marketwire) -- 10/27/10 -- Marathon Oil Corporation (NYSE: MRO) announced today that Pierre R. Brondeau has been elected to the Company's board of directors, effective Jan. 1, 2010.
A complete, full-text news release regarding this announcement will be accessible by visiting Marathon's website at
HOUSTON, TX -- (Marketwire) -- 10/20/10 -- Marathon Oil Corporation (NYSE: MRO) announced today that it has acquired a position in four exploration blocks in the Kurdistan Region of Iraq. The Company has signed production sharing contracts (PSCs) for operatorship and an 80 percent ownership in two open blocks northeast of Erbil -- Harir and
HOUSTON, TX -- (Marketwire) -- 10/19/10 -- Marathon Oil Corporation (NYSE: MRO) today announced that the Company's third quarter 2010 financial results conference call will be webcast on the Marathon Oil Corporation website on Tuesday, Nov. 2, at 2 p.m. EDT. The call will include forward-looking information.
HOUSTON, Oct. 6, 2010 - Marathon Oil Corporation (NYSE: MRO) today announced that its wholly owned subsidiary Marathon Petroleum Company LP (MPC) has entered into definitive agreements with ACON Investments, LLC (ACON) and TPG Capital, L.P. (TPG) for the sale of most of Marathon's Minnesota