U.S. Resource Play
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This is Marathon Oil

MRO Announces 2023 Capital Budget & Reports 4Q & Full Year 2022 Results

Feb 15, 2023

Marathon Oil Corporation (NYSE: MRO) reported full year 2022 net income of $3,612 million, or $5.26 per diluted share, which includes the impact of certain items not typically represented in...

Jan 25, 2023

Marathon Oil Corporation (NYSE: MRO) announced today that the Company's board of directors has declared a dividend of 10 cents per share on Marathon Oil Corporation common stock. The dividend is...

Jan 11, 2023

Marathon Oil Corporation (NYSE: MRO) announced today it plans to issue its fourth quarter and full-year 2022 earnings news release on Wednesday, Feb. 15, after the close of U.S. financial markets....

Dec 27, 2022

In the news release, Marathon Oil Completes Eagle Ford Acquisition, issued 27-Dec-2022 by Marathon Oil Corporation over PR Newswire, we are advised by the company that in the 3rd paragraph, "67...

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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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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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