U.S. Resource Play
Focused E&P

This is Marathon Oil

Marathon Oil Reports Third Quarter 2023 Results

Nov 1, 2023

Returned Over $475 Million to Shareholders Raised Quarterly Base Dividend and Increased Share Repurchase Authorization HOUSTON, Nov. 1, 2023 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO)...

Oct 25, 2023

Marathon Oil Corporation (NYSE: MRO) announced today that the Company's board of directors has declared a dividend of 11 cents per share on Marathon Oil Corporation common stock. The dividend is...

Oct 16, 2023

Incremental European LNG Exposure to Drive Significant E.G. Financial Uplift Starting Jan 2024 HOUSTON, Oct. 16, 2023 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced that through...

Oct 4, 2023

Marathon Oil Corporation (NYSE: MRO) announced today it plans to issue its third quarter 2023 earnings release on Wednesday, November 1, after the close of U.S. financial markets. The company will...

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$MRO Performance

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Focused Returns

Framework for Success

Committed to our Framework

Corporate Returns
Portfolio transformation and focused capital allocation drive multi-year corporate returns improvement through capital efficient growth
Free Cash Flow
Sustainable free cash flow at conservative pricing
Return of Capital
Return of incremental capital to shareholders in addition to peer competitive dividend; funded through free cash flow; not dispositions
Differentiated Execution
Continuous improvement in capital efficiency and operating costs while enhancing our resource base; delivering on our commitments

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Multi-Basin Portfolio
Capital allocation flexibility, broad market access, supplier diversification, rapid sharing of best practices, platform for talent development
Balance Sheet Strength
Financial flexibility to execute businesss plan across broad range of pricing; current net debt/EBITDAX among lowest in peer group

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INVESTOR RELATIONS

Guy Baber
VP, Investor Relations

1.713.296.2022

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Karina Brooks
Communications Manager

1.713.296.2191

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