Hosted on MSN2d
Marathon Oil and ConocoPhillips' $22.5B Deal Sparks Major Layoffs
Following the planned acquisition of Marathon Oil Corporation MRO in the recent past by ConocoPhillips COP, the former has now announced a major layoff from its Houston facility affecting about 500 ...
Odessa American2d
ConocoPhillips touts Marathon Oil deal, stock dividends
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
At least 500 Houston employees of Marathon Oil will lose jobs after merger with ConocoPhillips
The merger announced in May is expected to close by the end of the year leading to mass layoffs at Marathon's Houston ...
My Top Upstream Oil and Gas Dividend Stock to Buy in November (and It's Not Even Close)
On the earnings call, ConocoPhillips confirmed that its FCF breakeven is around the mid $30 per boe range, but it will ...
Upstream2h
Marathon beats earnings expectations, raises production outlook
Upstream depends on being able to display ads on our services in order to finance our journalism.
bovnews2d
Marathon Oil Corp’s Stock Drama: Could This Be a Game-Changer for MRO Investors?
Scotiabank has recently reduced Marathon Oil Corp (MRO) stock to Sector Perform rating, as announced on July 12, 2024, according to Finviz. Earlier, on April 10, 2024, Barclays had initiated the stock ...
Fueled by a Needle-Moving Acquisition, This Oil Stock Is Boosting Its Dividend by 34% and Plans to Buy Back $20 Billion of Its Stock
On top of buying Marathon, ConocoPhillips also recently agreed to bulk up on its position in Alaska. It exercised its rights ...
Houston Public Media6d
Marathon Oil to lay off over 500 Houston employees ahead of $22.5 billion merger with ConocoPhillips
In ConocoPhillips' May announcement, the company said it would acquire Marathon Oil in an all-stock transaction valued at $22 ...
Hoodline6d
Over 500 Marathon Oil Employees in Houston Face Layoffs Amid $22.5 Billion Merger With ConocoPhillips
Marathon Oil plans to lay off over 500 employees in Houston after merging with ConocoPhillips, potentially affecting the ...
Marathon Oil's Earnings: A Preview
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 ...
ConocoPhillips Hits Permian, Eagle Ford Records as Marathon Closing Nears
ConocoPhillips anticipates closing its $17.1 billion acquisition of Marathon Oil before year-end, adding assets in the Eagle ...
Marathon Oil raises FY24 total oil production view to 192,000 net bopd
Due to strong new well productivity and continued drilling and completion efficiency gains, Marathon Oil (MRO) raised full-year 2024 total oil ...