Eighth Consecutive Quarter of Organic Free Cash Flow Marathon Oil Corp. today announced its 2020 capital expenditure budget in addition to its fourth quarter and full year 2019 financial results. The 2020 plan is intended to continue building on the Company's two year track record of execution on its framework for success: corporate returns [...]
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 10, 2020, to stockholders of record on Feb. 19, 2020. For more information on Marathon Oil Corp., visit the Company's website at https://www.marathonoil.com. Media [...]
Marathon Oil Corp. announced today it plans to issue its fourth quarter and full-year 2019 earnings news release and details of the company's 2020 capital program on Wednesday, Feb. 12, after the close of U.S. financial markets. The company will conduct a conference call, which will be webcast live, on Thursday, Feb. 13, at 9 a.m. ET. The call will [...]
7th Consecutive Quarter of Free Cash Flow Supports Ongoing Return of Capital to Shareholders; Added Over 1,000 Operated Locations Through Comprehensive Resource Capture Framework HOUSTON, Nov. 6, 2019 /PRNewswire/ -- Marathon Oil Corp. today reported third quarter 2019 net income of $165 million, or $0.21 per diluted share, which includes the [...]
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 Dec. 10, 2019, to stockholders of record on Nov. 20, 2019. For more information on Marathon Oil Corp., visit the Company's website at https://www.marathonoil.com. Media [...]
Marathon Oil Corp. announced today it plans to issue its third quarter 2019 earnings news release on Wednesday, Nov. 6, after the close of U.S. financial markets. The Company will conduct a conference call, which will be webcast live, on Thursday, Nov. 7, at 9 a.m. ET. The call will include forward-looking information. All of the above [...]
Further Strengthens Balance Sheet and Reduces Costs Marathon Oil Corp. announced today that it has completed three separate transactions that together will further strengthen the balance sheet and generate annualized cash cost savings of approximately $6 million. On September 24, 2019, the Company entered into a Fourth Amendment to its Amended and [...]
Marathon Oil Corp. announced today that it has launched a conversion and remarketing of $600 million of sub-series A bonds which are part of the $1 billion St. John the Baptist, State of Louisiana Revenue Refunding Bonds Series 2017 issued and purchased by the Company on December 18, 2017. Assuming a successful remarketing of all of the Sub-Series [...]
Marathon Oil Corporation announced today that it sent an irrevocable notice of early redemption to the holders of the Company's $600 million 2.7% Senior Notes Due 2020 . Pursuant to the Indenture, dated as of February 26, 2002 , and the Notes, the early redemption date is set to October 3, 2019 . In accordance with the terms and conditions set [...]
Marathon Oil Corp. announced today that Lee Tillman, Chairman, President and CEO, will present at the Barclays CEO Energy-Power Conference in New York on Wednesday, Sept. 4 at 7:45 a.m. ET. A live webcast of the remarks as well as the accompanying slides will be accessible via Marathon Oil's website at www.MarathonOil.com/Investors. The [...]
$250 Million Share Repurchases Year-to-Date Supported by Continued Strong Free Cash Flow; Buyback Authorization Raised to $1.5 Billion Marathon Oil Corp. today reported second quarter 2019 net income of $161 million, or $0.20 per diluted share, which includes the impact of certain items not typically represented in analysts' earnings estimates [...]
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 Sept. 10, 2019, to stockholders of record on Aug. 21, 2019. For more information on Marathon Oil Corp., visit the Company's website at https://www.marathonoil.com [...]