Marathon Oil Corp. announced today that the Company's board of directors has declared a dividend of 7 cents per share on Marathon Oil Corp. common stock. The dividend is payable on March 10, 2022, to stockholders of record on February 16, 2022. "This is the fourth consecutive increase to our quarterly base dividend," said Chairman, President, and [...]
Marathon Oil Corp. announced today it plans to issue its fourth quarter and full-year 2021 earnings news release on Wednesday, February 16, after the close of U.S. financial markets. The company will conduct a conference call, which will be webcast live, on Thursday, February 17, at 9 a.m. ET. The call will include forward-looking information. All [...]
Raised Base Dividend 20% and Executed $200 Million of Share Repurchases Marathon Oil Corp. reported third quarter 2021 net income of $184 million, or $0.23 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. The adjusted net [...]
Marathon Oil Corp. announced today that the Company's board of directors has declared a dividend of 6 cents per share on Marathon Oil Corp. common stock. This represents a 20% increase from the Company's last quarterly base dividend payment of 5 cents per share. The dividend is payable on December 10, 2021, to stockholders of record on November 17 [...]
Marathon Oil Corp. announced today it plans to issue its third quarter 2021 earnings news release on Wednesday, November 3, after the close of U.S. financial markets. The company will conduct a conference call, which will be webcast live, on Thursday, November 4, at 9 a.m. ET. The call will include forward-looking information. All of the above [...]
Marathon Oil Corp. announced today that the Company fully redeemed its $900 million aggregate principal amount of 3.85% Senior Notes Due 2025, accelerating the realization of Marathon Oil's previously disclosed gross debt objective of approximately $4.0 billion. This transaction brings total 2021 gross debt reduction to $1.4 billion and will [...]
Accelerating Gross Debt Reduction and Increasing Base Dividend Marathon Oil Corp. reported second quarter 2021 net income of $16 million, or $0.02 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. The adjusted net income [...]
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. This represents an increase from the Company's last quarterly base dividend payment of 4 cents per share. The dividend is payable on September 10, 2021, to stockholders of record on August 18 [...]
Marathon Oil Corp. announced today it plans to issue its second quarter 2021 earnings news release on Wednesday, August 4, after the close of U.S. financial markets. The company will conduct a conference call, which will be webcast live, on Thursday, August 5, at 9 a.m. ET. The call will include forward-looking information. All of the above [...]
Generates Significant Free Cash Flow, Reduces Gross Debt, Raises Base Dividend Marathon Oil Corp. reported first quarter 2021 net income of $97 million, or $0.12 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. The [...]
Marathon Oil Corp. announced today that the Company fully redeemed its $500 million aggregate principal amount of 2.8% Senior Notes Due 2022. This transaction will reduce annual cash interest expense by $14 million. Marathon Oil also announced today that the Company's board of directors has declared a dividend of 4 cents per share on [...]
HOUSTON, April 20, 2021 /PRNewswire/ -- Marathon Oil Corp. today provided preliminary information regarding certain first quarter 2021 financial and operational estimates in light of uncertainty from Winter Storm Uri. The Company will report final first quarter results on Wednesday, May 5, after the close of U.S. financial markets. The Company will [...]