Due to strong new well productivity and continued drilling and completion efficiency gains, Marathon Oil (MRO) raised full-year 2024 total oil ...
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On the earnings call, ConocoPhillips confirmed that its FCF breakeven is around the mid $30 per boe range, but it will ...
Marathon Oil will lay off more than 500 people as result of its $22.5 billion merger with oil giant ConocoPhillips, the ...
The merger announced in May is expected to close by the end of the year leading to mass layoffs at Marathon's Houston ...
Marathon Oil Corp. is cutting 500 jobs in Houston ahead of its $17 billion takeover by ConocoPhillips, according to state ...
In ConocoPhillips' May announcement, the company said it would acquire Marathon Oil in an all-stock transaction valued at $22 ...
Those tabbed for layoffs will be notified of termination within a month of ConocoPhillips ending its acquisition of ...
Analysts are estimating that Marathon Oil will report an earnings per share (EPS) of $0.63. The announcement from Marathon Oil is eagerly anticipated, with investors seeking news of surpassing ...
US independent Marathon Oil has reported 36.7% drop in third quarter 2024 net income to $287 million, or $0.51 per diluted share, down from $0.75 per share in the comparable period last year.
On top of buying Marathon, ConocoPhillips also recently agreed to bulk up on its position in Alaska. It exercised its rights ...