MRO Stock Recent News

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

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

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

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.

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.

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.

Marathon Oil (MRO) spends $665 million in capital and exploratory expenditures during the quarter and rakes in $364 million in adjusted free cash flow.

Marathon (MRO) shareholder argues that the proposed acquisition of MRO by ConocoPhillips (COP) significantly undervalues the company.