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MRO Stock News Image - seekingalpha.com

ConocoPhillips, a $123 billion market cap company, successfully completed its acquisition of the much smaller Marathon Oil. It has an investor-friendly capital return program with a 3.3% dividend, and large share repurchases. Pro forma post-acquisition annual cost savings are estimated at $500 million, while asset disposition is expected to total another $2 billion.

seekingalpha.com 2024 Dec 21
MRO Stock News Image - businesswire.com

ORLANDO, Fla.--(BUSINESS WIRE)--Laser Photonics Corporation (LPC), a leading global industrial developer of laser systems for cleaning and other material processing applications, today highlighted key applications for its innovative laser cleaning systems that are helping MRO facilities meet high demands. Laser Photonics delivers state-of-the-art technology to Fortune 500 and Fortune 1000 companies globally, helping them meet rising demands. CleanTech products offer operators a more efficient,.

businesswire.com 2024 Dec 02
MRO Stock News Image - businesswire.com

HOUSTON--(BUSINESS WIRE)--ConocoPhillips Company announces exchange offers for debt securities and consent solicitations by Marathon Oil Corporation.

businesswire.com 2024 Nov 25
MRO Stock News Image - businesswire.com

HOUSTON--(BUSINESS WIRE)--ConocoPhillips Company announces cash tender offers for debt securities and consent solicitations by Marathon Oil Corporation.

businesswire.com 2024 Nov 25
MRO Stock News Image - seekingalpha.com

For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.

seekingalpha.com 2024 Nov 24
MRO Stock News Image - seekingalpha.com

We present a highly diversified yet simple portfolio of 10 positions, with 9 funds and one individual MLP stock. The portfolio has been designed for retirees and investors planning for retirement, with a 6% current income yield and potentially 6% plus dividend growth. The portfolio presented uses a hands-off approach, and it is diversified among many asset classes as well as different sectors of the economy to be able to withstand different economic cycles in the next 10 years.

seekingalpha.com 2024 Nov 23
MRO Stock News Image - reuters.com

U.S. shale oil producer ConocoPhillips said on Friday it has completed the $22.5 billion deal to acquire smaller peer Marathon Oil.

reuters.com 2024 Nov 22
MRO Stock News Image - businesswire.com

HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE: COP) today announced that it has completed its acquisition of Marathon Oil Corporation (NYSE: MRO). “This acquisition of Marathon Oil is a perfect fit for ConocoPhillips, adding to our deep, durable and diverse portfolio while meeting our strict financial framework,” said Ryan Lance, chairman and chief executive officer. “Marathon Oil adds high-quality, low cost of supply inventory adjacent to our leading U.S. unconventional position. We have a st.

businesswire.com 2024 Nov 22
MRO Stock News Image - prnewswire.com

NEW YORK , Nov. 21, 2024 /PRNewswire/ -- S&P MidCap 400 constituent Texas Pacific Land Corp. (NYSE: TPL) will replace Marathon Oil Corp. (NYSE: MRO) in the S&P 500, S&P SmallCap 600 constituent Mueller Industries Inc. (NYSE: MLI) will replace Texas Pacific Land in the S&P MidCap 400, and Atlas Energy Solutions Inc. (NYSE: AESI) will replace Mueller Industries in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, November 26. S&P 500 & 100 constituent ConocoPhillips (NYSE: COP) is acquiring Marathon Oil in a deal expected to close November 22, pending final closing conditions.

prnewswire.com 2024 Nov 21
MRO Stock News Image - accesswire.com

PHILADELPHIA, PA / ACCESSWIRE / September 27, 2024 / Kehoe Law Firm, P.C. is investigating whether certain officers or directors of Marathon Oil Corporation ("Marathon Oil") (NYSE:MRO) failed to manage Marathon Oil in an acceptable manner, in breach of their fiduciary duties to Marathon Oil and its shareholders, and whether investors of Marathon Oil stock suffered harm.

accesswire.com 2024 Sep 27
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