Marathon Oil Corp. announced today that Lee Tillman has been appointed by the Company's board of directors as chairman of Marathon Oil Corp., effective Feb. 1. Tillman will continue to serve as president and CEO, a position he's held since 2013. He succeeds Dennis Reilley, who has elected to retire after nearly six years as chairman and more than [...]
Marathon Oil Corp. 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, Feb. 13, after the close of U.S. financial markets. The Company will conduct a conference call, which will be webcast live, on Thursday, Feb. 14, at 9 a.m. ET. The call will [...]
Basin Leading Performance Continues Marathon Oil Corp. 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 County, North Dakota. The four-well pad achieved an estimated average 30-day initial production rate of over 2,400 barrels of oil [...]
Multi-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 Corp. 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 [...]
Marathon Oil Corp. announced today that the Company's board of directors has declared a dividend of 5 cents per share on Marathon Oil Corp. common stock. The dividend is payable on Dec. 10, 2018, to stockholders of record on Nov. 21, 2018. For more information on Marathon Oil Corp., visit the Company's website at https://www.marathonoil.com. Media [...]
Marathon Oil Corp. announced today it plans to issue its third quarter 2018 earnings news release on Wednesday, Nov. 7, after the close of U.S. financial markets. The Company will conduct a conference call, which will be webcast live, on Thursday, Nov. 8, at 9 a.m. ET. The call will include forward-looking information. All of the above [...]
Marathon Oil Corp. announced today that Lee Tillman, Marathon Oil president and CEO, will present at the Barclays CEO Energy-Power Conference in New York on Wednesday, Sept. 5 at 10:25 a.m. ET. A live webcast of the remarks as well as the accompanying slides will be accessible via Marathon Oil's website at www.marathonoil.com/investors. The [...]
Continued Strong Multi-Basin Execution Drives Returns and Production Beat; Full-Year Guidance Raised with Budget Unchanged HOUSTON, Aug. 1, 2018 /PRNewswire/ -- Marathon Oil Corp. today reported second quarter 2018 net income of $96 million, or $0.11 per diluted share, which includes the impact of certain items not typically represented in [...]
HOUSTON, July 25, 2018 /PRNewswire/ -- Marathon Oil Corp. announced today that the Company's board of directors has declared a dividend of 5 cents per share on Marathon Oil Corp. common stock. The dividend is payable on Sept. 10, 2018, to stockholders of record on Aug. 15, 2018. For more information on Marathon Oil Corp., visit the Company's [...]
HOUSTON, June 25, 2018 /PRNewswire/ -- Marathon Oil Corp. announced today that effective July 9, Zach Dailey will assume the role of Advisor to the President and CEO, Lee Tillman. "Zach's new role as advisor reflects the significance of his contributions to Marathon Oil as our vice president of Investor Relations, and will allow him to broaden the [...]
HOUSTON, June 07, 2018 -- Marathon Oil Corp. announced today it plans to issue its second quarter 2018 earnings news release on Wednesday, Aug. 1, after the close of U.S. financial markets. The Company will conduct a conference call, which will be webcast live, on Thursday, Aug. 2, at 10 a.m. ET. The call will include forward-looking information [...]
HOUSTON, May 10, 2018 -- Marathon Oil Corp. and its partners announced today they have executed a Heads of Agreement with the Government of the Republic of Equatorial Guinea and necessary third parties establishing the framework for processing third-party natural gas volumes through the Alba Plant LLC’s liquefied petroleum gas processing [...]