Marathon Oil Corp.

Marathon Oil Corp. , through its affiliated company Marathon E.G. Holding Limited, announced it has signed a Heads of Agreement with the Republic of Equatorial Guinea and Noble Energy E.G. Ltd, a Chevron company, to progress the next phases in the development of the Equatorial Guinea Regional Gas Mega Hub . "We are excited about this critical [...]

Marathon Oil Corp. announced today it plans to issue its first quarter 2023 earnings release on Wednesday, May 3, after the close of U.S. financial markets. The company will conduct a conference call via live webcast, on Thursday, May 4, at 9 a.m. ET. The call will include forward-looking information. All the above information, including earnings [...]

Returned $3 Billion of Capital to Shareholders in 2022 Marathon Oil Corp. reported full year 2022 net income of $3,612 million, or $5.26 per diluted share, which includes the impact of certain items not typically represented in analysts' earnings estimates and that would otherwise affect comparability of results. Adjusted net income was $3,078 [...]

Marathon Oil Corp. announced today that the Company's board of directors has declared a dividend of 10 cents per share on Marathon Oil Corp. common stock. The dividend is payable on Mar. 10, 2023, to stockholders of record on Feb. 15, 2023. "This 11% base dividend increase is fully supported by the incremental cash flow generation capacity from our [...]

Marathon Oil Corp. announced today it plans to issue its fourth quarter and full-year 2022 earnings news release on Wednesday, Feb. 15, after the close of U.S. financial markets. The company will conduct a conference call, which will be webcast live, on Thursday, Feb. 16, at 9 a.m. ET. The call will include forward-looking information. All of the [...]

In the news release, Marathon Oil Completes Eagle Ford Acquisition, issued 27-Dec-2022 by Marathon Oil Corp. over PR Newswire, we are advised by the company that in the 3rd paragraph, "67 net boepd " should instead read "67,000 net boepd ". The complete, corrected release follows: Marathon Oil Completes Eagle Ford Acquisition [...]

Marathon Oil Corp. today announced the completion of its acquisition of the Eagle Ford assets of Ensign Natural Resources for a total cash consideration of $3.0 billion after taking into account closing adjustments. The acquisition was previously announced on November 2, 2022. "We are pleased to announce the close of our acquisition of Ensign's [...]

Ensign Natural Resources LLC , an exploration and production company operating in the Eagle Ford Shale in South Texas, today announced the sale of its assets to Marathon Oil , for a total cash consideration of $3.0 billion subject to customary terms and conditions, including closing adjustments. Ensign was formed in late 2017 in partnership with [...]

Expanding Basin Scale with Financial and Inventory Accretion Marathon Oil Corp. 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 billion. The transaction is subject to customary terms and conditions, including closing adjustments, and is [...]

$1.2 Billion Returned to Shareholders in Third Quarter Marathon Oil Corp. 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 analysts' earnings estimates and that would otherwise affect comparability of results. Adjusted net income was $832 [...]