News Releases
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Nov 6, 20197th Consecutive Quarter of Free Cash Flow Supports Ongoing Return of Capital to Shareholders; Added Over 1,000 Operated Locations Through Comprehensive Resource Capture Framework
Marathon Oil Corporation (NYSE: MRO) today reported third quarter 2019 net income of $165 million, or $0.21 per diluted share, which includes the impact of certain items not typically represented...
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Oct 30, 2019
Marathon Oil Corporation (NYSE: MRO) announced today that the Company's board of directors has declared a dividend of 5 cents per share on Marathon Oil Corporation common stock. The dividend is...
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Oct 7, 2019
Marathon Oil Corporation (NYSE: MRO) announced today it plans to issue its third quarter 2019 earnings news release on Wednesday, Nov. 6, after the close of U.S. financial markets. The Company...
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Oct 3, 2019Further Strengthens Balance Sheet and Reduces Costs
Marathon Oil Corporation (NYSE: MRO; the "Company") announced today that it has completed three separate transactions that together will further strengthen the balance sheet and generate...
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Sep 4, 2019
Marathon Oil Corporation (NYSE: MRO) announced today that it has launched a conversion and remarketing of $600 million of sub-series A bonds (the "Sub-Series 2017A Bonds") which are part of the $1...
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Sep 3, 2019
Marathon Oil Corporation (NYSE: MRO) announced today that it sent an irrevocable notice of early redemption to the holders of the Company's $600 million 2.7% Senior Notes Due 2020 (the "Notes")....
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Aug 27, 2019
Marathon Oil Corporation (NYSE: MRO) announced today that Lee Tillman, Chairman, President and CEO, will present at the Barclays CEO Energy-Power Conference in New York on Wednesday, Sept. 4 at...
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Aug 7, 2019$250 Million Share Repurchases Year-to-Date Supported by Continued Strong Free Cash Flow; Buyback Authorization Raised to $1.5 Billion
Marathon Oil Corporation (NYSE: MRO) today reported second quarter 2019 net income of $161 million, or $0.20 per diluted share, which includes the impact of certain items not typically represented...
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Jul 31, 2019
Marathon Oil Corporation (NYSE: MRO) announced today that the Company's board of directors has declared a dividend of 5 cents per share on Marathon Oil Corporation common stock. The dividend is...
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Jul 8, 2019
Marathon Oil Corporation (NYSE: MRO) announced today it plans to issue its second quarter 2019 earnings news release on Wednesday, Aug. 7, after the close of U.S. financial markets. The Company...
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Jul 1, 2019
Marathon Oil Corporation (NYSE: MRO) announced today the company has closed on the sale of its U.K. business, which consists of the Brae area fields and Foinaven, to RockRose Energy PLC. The...
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May 31, 2019
Marathon Oil Corporation (NYSE: MRO) announced today it has closed on the sale of its 15% participating interest in the Atrush Block in Kurdistan, where first quarter 2019 production averaged...
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May 1, 2019Prioritizing Return of Capital to Shareholders through Sustainable Free Cash Flow Generation
Marathon Oil Corporation (NYSE: MRO) today reported first quarter 2019 net income of $174 million, or $0.21 per diluted share, which includes the impact of certain items not typically represented...
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Apr 24, 2019
Marathon Oil Corporation (NYSE: MRO) announced today that the Company's board of directors has declared a dividend of 5 cents per share on Marathon Oil Corporation common stock. The dividend is...
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Apr 8, 2019
Marathon Oil Corporation (NYSE: MRO) announced today it plans to issue its first quarter 2019 earnings news release on Wednesday, May 1, after the close of U.S. financial markets. The Company will...
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Apr 1, 2019Initial Step in Creating EG Gas Mega Hub
Marathon Oil Corporation (NYSE: MRO) and its partners announced today they have executed the Definitive Agreements with the Government of the Republic of Equatorial Guinea and Alen Unit owners to...
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Feb 28, 2019
Marathon Oil Corporation (NYSE: MRO) announced today that Jason Few and Kent Wells have been elected to the Company's board of directors, effective April 1, 2019. "We welcome Jason and Kent to...
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Feb 25, 2019
Marathon Oil Corporation (NYSE: MRO) announced today the Company has entered into a share purchase agreement through its subsidiaries for the sale of its U.K. businesses Marathon Oil U.K. LLC...
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Feb 13, 20192019 Budget Organic Free Cash Flow Positive Above $45/BBL WTI; Returned Over 25% of 2018 Annual Operating Cash Flow to Shareholders
Marathon Oil Corporation (NYSE:MRO) today announced its 2019 capital expenditure budget in addition to its fourth quarter and full-year 2018 financial results. The 2019 plan and 2018 financial and...
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Jan 30, 2019
Marathon Oil Corporation (NYSE: MRO) announced today that the Company's board of directors has declared a dividend of 5 cents per share on Marathon Oil Corporation common stock. The dividend is...
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Jan 30, 2019
Marathon Oil Corporation (NYSE: MRO) announced today that Lee Tillman has been appointed by the Company's board of directors as chairman of Marathon Oil Corporation, effective Feb. 1. Tillman will...
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Jan 3, 2019
Marathon Oil Corporation (NYSE: MRO) announced today it plans to issue its fourth quarter and full-year 2018 earnings news release and details of the Company's 2019 capital program on Wednesday,...
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Dec 11, 2018Basin Leading Performance Continues
Marathon Oil Corporation (NYSE: MRO) today announced encouraging early production results at an important four-well Middle Bakken pad in the Company's Ajax area of the Williston Basin in Dunn...
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Nov 7, 2018Multi-Basin Execution Drives Significant Free Cash Flow and Supports Enhanced Return of Cash to Shareholders; Capital Budget Unchanged with Full-Year Production Guidance Raised Again
Marathon Oil Corporation (NYSE: MRO) today reported third quarter 2018 net income of $254 million, or $0.30 per diluted share, which includes the impact of certain items not typically represented...
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Oct 30, 2018
Marathon Oil Corporation (NYSE: MRO) announced today that the Company's board of directors has declared a dividend of 5 cents per share on Marathon Oil Corporation common stock. The dividend is...