U.S. shale producer Marathon Oil beat Wall Street estimates for third-quarter profit on Wednesday, helped by higher ...
Marathon Oil will lay off more than 500 people as result of its $22.5 billion merger with oil giant ConocoPhillips, the ...
On the earnings call, ConocoPhillips confirmed that its FCF breakeven is around the mid $30 per boe range, but it will ...
HOUSTON (AP) — HOUSTON (AP) — Marathon Oil Corp. (MRO) on Wednesday reported third-quarter profit of $287 million. The Houston-based company said it had net income of 51 cents per share. Earnings, ...
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 ...
On top of buying Marathon, ConocoPhillips also recently agreed to bulk up on its position in Alaska. It exercised its rights ...
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 ...
Those tabbed for layoffs will be notified of termination within a month of ConocoPhillips ending its acquisition of Marathon ...
In ConocoPhillips' May announcement, the company said it would acquire Marathon Oil in an all-stock transaction valued at $22 ...
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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 ...