MARATHON OIL CORPORATION


Associated tags: Permian, STACK, MRO, Oil, SCOOP, Marathon Oil, NYSE

Locations: TEXAS, NORTH DAKOTA, NEW MEXICO, OKLAHOMA, EQUATORIAL GUINEA

Marathon Oil Schedules First Quarter 2024 Earnings Release and Conference Call

Retrieved on: 
Tuesday, April 2, 2024

HOUSTON, April 2, 2024 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today it plans to issue its first quarter 2024 earnings release on Wednesday, May 1, after the close of U.S. financial markets.

Key Points: 
  • HOUSTON, April 2, 2024 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today it plans to issue its first quarter 2024 earnings release on Wednesday, May 1, after the close of U.S. financial markets.
  • The company will conduct a conference call via live webcast, on Thursday, May 2, at 9 a.m.
  • ET.
  • All of the above information, including earnings releases and other investor-related material, can be accessed by visiting Marathon Oil's website at www.marathonoil.com

Marathon Oil Corporation Announces Key Officer Promotions

Retrieved on: 
Thursday, February 29, 2024

"On behalf of Marathon Oil, I would like to thank Dane for his outstanding leadership and service to the Company over the past seven years in his role as Chief Financial Officer.

Key Points: 
  • "On behalf of Marathon Oil, I would like to thank Dane for his outstanding leadership and service to the Company over the past seven years in his role as Chief Financial Officer.
  • Mr. White joined Marathon Oil in 1991 and has more than 30 years of experience in oil & gas accounting and finance.
  • Mr. Dailey joined Marathon Oil in 2015 and has more than 17 years of experience in the oil & gas industry.
  • Prior to joining Marathon Oil, Mr. Dailey served in various finance roles at Linn Energy, Berry Petroleum Company and Morgan Keegan & Company.

Marathon Oil Schedules Fourth Quarter and Full-Year 2023 Earnings Release and Conference Call

Retrieved on: 
Tuesday, January 16, 2024

HOUSTON, Jan. 16, 2024 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today it plans to issue its fourth quarter and full-year 2023 earnings release on Wednesday, February 21, after the close of U.S. financial markets.

Key Points: 
  • HOUSTON, Jan. 16, 2024 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today it plans to issue its fourth quarter and full-year 2023 earnings release on Wednesday, February 21, after the close of U.S. financial markets.
  • The company will conduct a conference call via live webcast, on Thursday, February 22, at 9 a.m.
  • ET.
  • All of the above information, including earnings releases and other investor-related material, can be accessed by visiting Marathon Oil's website at www.marathonoil.com

Marathon Oil Announces LNG Sales Agreement for Alba Gas in E.G.

Retrieved on: 
Monday, October 16, 2023

HOUSTON, Oct. 16, 2023 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced that through its wholly-owned subsidiaries it has entered into a five-year firm LNG sales agreement with Glencore Energy UK Ltd, a subsidiary of Glencore PLC (LSE: GLEN), for a portion of its equity natural gas produced from the Alba Field (Alba Unit, MRO 64% working interest) in Equatorial Guinea (E.G.), effective Jan. 1, 2024. The pricing structure for the LNG sales agreement is linked to the Dutch Title Transfer Facility (TTF) index, less a fixed transportation fee, providing Marathon Oil with significant incremental exposure to the European LNG market.

Key Points: 
  • The pricing structure for the LNG sales agreement is linked to the Dutch Title Transfer Facility (TTF) index, less a fixed transportation fee, providing Marathon Oil with significant incremental exposure to the European LNG market.
  • Separately, due to the expected arbitrage between LNG and methanol pricing, Marathon Oil announced it expects to optimize its E.G.
  • integrated gas operations in 2024 by redirecting a portion of Alba Unit natural gas from the local methanol facility (MRO 45% working interest) to the LNG facility (MRO 56% working interest).
  • Alex Sanna, Head of Oil and Gas Marketing, Glencore PLC, said: "We are delighted to further expand our cooperation with Marathon Oil.

Marathon Oil Schedules Third Quarter 2023 Earnings Release and Conference Call

Retrieved on: 
Wednesday, October 4, 2023

HOUSTON, Oct. 4, 2023 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today it plans to issue its third quarter 2023 earnings release on Wednesday, November 1, after the close of U.S. financial markets.

Key Points: 
  • HOUSTON, Oct. 4, 2023 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today it plans to issue its third quarter 2023 earnings release on Wednesday, November 1, after the close of U.S. financial markets.
  • The company will conduct a conference call via live webcast, on Thursday, November 2, at 9 a.m.
  • ET.
  • All of the above information, including earnings releases and other investor-related material, can be accessed by visiting Marathon Oil's website at www.marathonoil.com

Marathon Oil Schedules Second Quarter 2023 Earnings Release and Conference Call

Retrieved on: 
Monday, July 10, 2023

HOUSTON, July 10, 2023 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today it plans to issue its second quarter 2023 earnings release on Wednesday, Aug. 2, after the close of U.S. financial markets.

Key Points: 
  • HOUSTON, July 10, 2023 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today it plans to issue its second quarter 2023 earnings release on Wednesday, Aug. 2, after the close of U.S. financial markets.
  • The company will conduct a conference call via live webcast, on Thursday, Aug. 3, at 9 a.m.
  • ET.
  • All of the above information, including earnings releases and other investor-related material, can be accessed by visiting Marathon Oil's website at www.marathonoil.com

Marathon Oil Announces Agreement to Further Develop Equatorial Guinea Gas Mega Hub

Retrieved on: 
Thursday, March 30, 2023

Holding Limited, announced it has signed a Heads of Agreement (HOA) with the Republic of Equatorial Guinea (E.G.)

Key Points: 
  • Holding Limited, announced it has signed a Heads of Agreement (HOA) with the Republic of Equatorial Guinea (E.G.)
  • Ltd, a Chevron company, to progress the next phases (Phases II and III) in the development of the Equatorial Guinea Regional Gas Mega Hub (GMH).
  • "We are excited about this critical milestone in the ongoing development of Punta Europa as a world-class hub for the monetization of local and regional natural gas," said Lee Tillman, Marathon Oil Chairman, President, and CEO.
  • Alen gas is processed under the combination of a tolling and profit-sharing arrangement through Alba Plant LLC's onshore Liquified Petroleum Gas (LPG) plant (MRO 52% interest) and Equatorial Guinea LNG Holdings Ltd's LNG facility (E.G.

Marathon Oil Schedules First Quarter 2023 Earnings Release and Conference Call

Retrieved on: 
Wednesday, March 29, 2023

HOUSTON, March 29, 2023 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today it plans to issue its first quarter 2023 earnings release on Wednesday, May 3, after the close of U.S. financial markets.

Key Points: 
  • HOUSTON, March 29, 2023 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today it plans to issue its first quarter 2023 earnings release on Wednesday, May 3, after the close of U.S. financial markets.
  • The company will conduct a conference call via live webcast, on Thursday, May 4, at 9 a.m.
  • ET.
  • All the above information, including earnings releases and other investor-related material, can be accessed by visiting Marathon Oil's website at www.marathonoil.com

Marathon Oil Schedules Fourth Quarter and Full-Year 2022 Earnings Release and Conference Call

Retrieved on: 
Wednesday, January 11, 2023

HOUSTON, Jan. 11, 2023 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today it plans to issue its fourth quarter and full-year 2022 earnings news release on Wednesday, Feb. 15, after the close of U.S. financial markets.

Key Points: 
  • HOUSTON, Jan. 11, 2023 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today it plans to issue its fourth quarter and full-year 2022 earnings news release on Wednesday, Feb. 15, after the close of U.S. financial markets.
  • The company will conduct a conference call, which will be webcast live, on Thursday, Feb. 16, at 9 a.m.
  • ET.
  • All of the above information, including earnings releases and other investor-related material, can be accessed by visiting Marathon Oil's website at www.marathonoil.com

Mark McCollum and Shawn Williams Elected to Marathon Oil Corporation Board of Directors

Retrieved on: 
Monday, October 31, 2022

HOUSTON, Oct. 31, 2022 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today that the Company's board of directors has elected Mark A. McCollum to the board of directors, effective Dec. 1, 2022, and has elected Shawn D. Williams to the board of directors, effective Feb. 1, 2023.

Key Points: 
  • HOUSTON, Oct. 31, 2022 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today that the Company's board of directors has elected Mark A. McCollum to the board of directors, effective Dec. 1, 2022, and has elected Shawn D. Williams to the board of directors, effective Feb. 1, 2023.
  • "We are excited to welcome Mark and Shawn to Marathon's board of directors," said chairman, president and CEO Lee Tillman.
  • Mr. McCollum has served on the board of directors of Westlake Corporation since May 2018, and the board of directors of Seadrill Limited since February 2022.
  • Mr. Williams has also served on the board of directors of Kirby Corporation since July 2021, and on the board of directors of Tetra Technologies, Inc. since March 2021.