HOUSTON, Aug. 27, 2013 (GLOBE NEWSWIRE) -- Marathon Oil Corp. (NYSE: MRO) announced today that Janet F. Clark, executive vice president and chief financial officer (CFO), has elected to retire on Oct. 1, 2013, after serving almost 10 years as the Company's CFO. The Marathon Oil board of directors has elected John R. ("J.R.") Sult to succeed Clark [...]
HOUSTON, Aug. 19, 2013 (GLOBE NEWSWIRE) -- Marathon Oil Corp. (NYSE: MRO) announced today that the pre-salt Diaman-1B exploration well offshore Gabon has encountered 160-180 net feet (50-55 meters) of hydrocarbon pay in the deepwater pre-salt play. Preliminary analysis suggests that the hydrocarbons are natural gas with condensate content, pending [...]
HOUSTON, Aug. 6, 2013 (GLOBE NEWSWIRE) -- Marathon Oil Corp. (NYSE:MRO) today reported second quarter 2013 net income of $426 million, or $0.60 per diluted share, compared to net income in the first quarter of 2013 of $383 million, or $0.54 per diluted share. For the second quarter of 2013, adjusted net income was $478 million, or $0.67 per diluted [...]
HOUSTON, Aug. 1, 2013 (GLOBE NEWSWIRE) -- Marathon Oil Corp. (NYSE: MRO) announced today that Lance W. Robertson, vice president, Eagle Ford Production Operations, will present at EnerCom Inc.'s The Oil & Gas Conference on Wednesday, Aug. 14 at 12:20 p.m. MDT. A live webcast of the remarks will be accessible via Marathon Oil's website at [...]
HOUSTON, July 31, 2013 (GLOBE NEWSWIRE) -- Marathon Oil Corp. (NYSE: MRO) announced today that the Company's board of directors has approved a 12 percent increase in the quarterly dividend payable on Marathon Oil Corp. common stock, resulting in a new quarterly dividend rate of 19 cents per share. The dividend is payable on Sept. 10, 2013, to [...]
HOUSTON, July 18, 2013 (GLOBE NEWSWIRE) -- Marathon Oil Corp. (NYSE: MRO) announced today a change of time for its second quarter 2013 earnings conference call. The conference call, which will be webcast live and consist of questions and answers only, is now scheduled for 8 a.m. EDT on Wednesday, Aug. 7. The slide presentation and associated [...]
DENVER, July 11, 2013 /PRNewswire/ -- EnerCom, Inc. will host The Oil & Gas Conference® 18, August 11-15, 2013, in Denver. The Conference is the oldest and largest energy investment conference hosted in Denver. Investment and oil and gas professionals interested in attending the event can register through the conference [...]
HOUSTON, July 10, 2013 (GLOBE NEWSWIRE) -- Marathon Oil Corp. (NYSE: MRO) announced today it plans to issue its second quarter 2013 earnings news release on Tuesday, Aug. 6, after the close of U.S. financial markets. Prepared remarks about the quarter along with accompanying slides will be available on the Company's website approximately one hour [...]
Marathon Oil today announced that its subsidiary, Marathon International Oil Angola Block 31 Limited, has entered into a definitive agreement to sell its 10 percent working interest in the Production Sharing Contract and Joint Operating Agreement in Block 31 offshore Angola to SSI Thirty-One Limited (Sonangol Sinopec International). The transaction [...]
Marathon Oil announced today that Howard J. Thill, vice president, Investor Relations and Public Affairs, will present at the Global Hunter Securities 100 Energy Conference on Tuesday, June 25 at 8 a.m. CDT. A live webcast of the remarks will be accessible via Marathon Oil's website at http://www.marathonoil.com. This presentation and associated [...]
Marathon Oil today announced it has published its "Living Our Values 2012 Corporate Social Responsibility (CSR) Report,"which provides information on the Company's non-financial performance and its actions to promote greater economic, social and environmental sustainability. The new report reflects Marathon Oil's first full year as an independent [...]
Clarence P. Cazalot, Jr, chairman, president and CEO of Marathon Oil has elected to retire on Dec. 31, 2013, after almost 14 years leading Marathon Oil and 41 years in the oil and gas industry. Cazalot will continue as executive chairman through Dec. 31, 2013. The Marathon Oil board of directors has elected Lee M. Tillman to the board of directors [...]