MRO Stock Recent News

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.

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.

Marathon Oil (MRO) came out with quarterly earnings of $0.63 per share, missing the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.48 per share a year ago.

U.S. oil and gas firm Marathon Oil missed Wall Street estimates for second-quarter profit on Wednesday, hurt by a fall in natural gas prices.

HOUSTON , Aug. 7, 2024 /PRNewswire/ -- - Marathon Oil Corporation (NYSE: MRO) reported second quarter 2024 net income of $349 million or $0.62 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 $357 million or $0.63 per diluted share.