Marathon Oil Corp.

Marathon Oil Corp. announced today the early tender results for its previously announced cash tender offer for up to an aggregate principal amount of $500,000,000 of its outstanding $1,000,000,000 aggregate principal amount of 2.800% Senior Notes due 2022 . The terms and conditions of the Offer are set forth in the Offer to Purchase, dated [...]

Marathon Oil Corp. announced today it plans to issue its third quarter 2020 earnings news release on Wednesday, November 4, after the close of U.S. financial markets. The company will conduct a conference call, which will be webcast live, on Thursday, November 5, at 9 a.m. ET. The call will include forward-looking information. All of the above [...]

Marathon Oil Corp. announced today that it has commenced a cash tender offer for up to an aggregate principal amount of $500,000,000 of its outstanding $1,000,000,000 aggregate principal amount of 2.800% Senior Notes due 2022 , on the terms and subject to the conditions set forth in the Offer to Purchase, dated the date hereof . The tender offer is [...]

Capital Efficiency Improvement Drives Positive Guidance Revisions Marathon Oil Corp. today reported a second quarter 2020 net loss of $750 million, or $0.95 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 [...]

Marathon Oil Corp. announced today it plans to issue its second quarter 2020 earnings news release on Wednesday, August 5, after the close of U.S. financial markets. The company will conduct a conference call, which will be webcast live, on Thursday, August 6, at 9 a.m. ET. The call will include forward-looking information. All of the above [...]

Prioritizing Financial Strength and Flexibility Marathon Oil Corp. today reported a first quarter 2020 net loss of $ million, or $ 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 loss was $ million, or [...]

Marathon Oil Corp. announced today that effective May 4, 2020, Mike Henderson will be promoted to senior vice president, operations, and will oversee the U.S. Resource Play businesses. In October 2017, Mr. Henderson was appointed vice president, Resource Plays North, with responsibility for Oklahoma and North Dakota, after having served in [...]

Marathon Oil Corp. announced today that its Board of Directors approved changing its 2020 Annual Meeting of Stockholders to a virtual-only, audio-only meeting. The previously announced physical in-person gathering has been cancelled. The new format is intended only for this year and is being done to support the well-being of the Company's [...]

Marathon Oil Corp. announced today it plans to issue its first quarter 2020 earnings news release on Wednesday, May 6, after the close of U.S. financial markets. The company will conduct a conference call, which will be webcast live, on Thursday, May 7, at 9 a.m. ET. The call will include forward-looking information. All of the above information [...]

In response to current market conditions, Marathon Oil has announced an updated 2020 capital spending budget and has also provided a hedging update. The revised capital budget of $1.3 billion or less represents a cumulative budget reduction of $1.1 billion from initial 2020 capital spending guidance. 2020 capital spending is now expected to be [...]