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MRO Reports Third Quarter 2022 Results and Announces Eagle Ford Acquisition

Nov 2, 2022
Marathon Oil Announces Eagle Ford Acquisition

Marathon Oil Corporation (NYSE: MRO) announced it has entered into a definitive purchase agreement to acquire the Eagle Ford assets of Ensign Natural Resources for total cash consideration of $3.0...

Nov 2, 2022
Marathon Oil Reports Third Quarter 2022 Results

Marathon Oil Corporation (NYSE: MRO) reported third quarter 2022 net income of $817 million or $1.22 per diluted share, which includes the impact of certain items not typically represented in...

Oct 31, 2022
Mark McCollum and Shawn Williams Elected to Marathon Oil Corporation Board of Directors

Marathon Oil Corporation (NYSE: MRO) announced today that the Company's board of directors has elected Mark A. McCollum to the board of directors, effective Dec. 1, 2022, and has elected Shawn D....

Oct 26, 2022
Marathon Oil Corporation Declares Third Quarter 2022 Dividend

Marathon Oil Corporation (NYSE: MRO) announced today that the Company's board of directors has declared a dividend of 9 cents per share on Marathon Oil Corporation common stock. The dividend is...

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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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1.713.296.2022

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