Marathon Oil Corporation Announces 11% Increase in Quarterly Dividend

Jul 30, 2014

HOUSTON, July 30, 2014 (GLOBE NEWSWIRE) -- Marathon Oil Corporation (NYSE: MRO) announced today that the Company's board of directors has approved an 11 percent increase in the quarterly dividend payable on Marathon Oil Corporation common stock, resulting in a new quarterly dividend rate of 21 cents per share. The dividend is payable on Sept. 10, 2014 to stockholders of record on Aug. 20, 2014.

For more information on Marathon Oil Corporation, visit the Company's website at http://www.marathonoil.com.


CONTACT: Media Relations Contacts

         Lee Warren: 713-296-4103

         John Porretto: 713-296-4102


         Investor Relations Contact

         Chris Phillips: 713-296-3213