U.S. Resource Play
Focused E&P

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Marathon Oil Receives Stockholder Approval for Proposed Merger with ConocoPhillips

Aug 29, 2024

Marathon Oil Corporation (NYSE: MRO) ("Marathon Oil") announced today that it received the necessary stockholder approval for Marathon Oil's pending merger with ConocoPhillips (NYSE: COP)....

Aug 7, 2024

- Marathon Oil Corporation (NYSE: MRO) reported second quarter 2024 net income of $349 million or $0.62 per diluted share, which includes the impact of certain items not typically represented in...

Jul 31, 2024

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...

Jul 17, 2024

Marathon Oil Corporation (NYSE: MRO) announced today it plans to issue its second quarter 2024 earnings release on Wednesday, Aug. 7, after the close of U.S. financial markets. Due to the pending...

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$MRO Performance

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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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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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