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Recent Analyst Ratings for $MRO
Date | Price Target | Rating | Analyst |
---|---|---|---|
7/12/2024 | $45.00 → $29.00 | Sector Outperform → Sector Perform | Scotiabank |
4/10/2024 | $35.00 | Overweight | Barclays |
3/14/2024 | $31.00 | Hold → Buy | Argus |
12/11/2023 | $27.00 → $25.00 | Overweight → Equal-Weight | Morgan Stanley |
7/12/2023 | $25.00 | Sell → Neutral | Goldman |
4/19/2023 | $33.00 | Buy | UBS |
3/23/2023 | $27.00 | Neutral → Buy | Citigroup |
2/16/2023 | $32.00 | Hold → Buy | The Benchmark Company |
ConocoPhillips Company announces exchange offers for debt securities and consent solicitations by Marathon Oil Corporation
ConocoPhillips (NYSE:COP) ("COP") today announced that, in connection with the acquisition of Marathon Oil Corporation ("Marathon") (NYSE:MRO) by ConocoPhillips, ConocoPhillips Company ("CPCo" or the "Company") has commenced offers to eligible holders to exchange (each an "Exchange Offer" and collectively, the "Exchange Offers") any and all outstanding notes issued by Marathon as set forth in the table below (the "Existing Marathon Notes") for up to $4,000,000,000 aggregate principal amount of new notes issued by CPCo and fully and unconditionally guaranteed by COP (the "New Notes"). The following table sets forth the Exchange Consideration and Total Exchange Consideration for each series
ConocoPhillips completes acquisition of Marathon Oil Corporation
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 strong history of seamlessly integrating assets and we expect to deliver synergies of over $1 billion on a run rate basis in the next 12 months." In accordance with the terms of the merger agreement, each share of Marathon Oil
Texas Pacific Land Set to Join S&P 500, Mueller Industries to Join S&P MidCap 400 and Atlas Energy Solutions to Join S&P SmallCap 600
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. Texas Pacific Land and Mueller Industries have company level market capitalizations that are more r
Marathon Oil downgraded by Scotiabank with a new price target
Scotiabank downgraded Marathon Oil from Sector Outperform to Sector Perform and set a new price target of $29.00 from $45.00 previously
Barclays initiated coverage on Marathon Oil with a new price target
Barclays initiated coverage of Marathon Oil with a rating of Overweight and set a new price target of $35.00
Marathon Oil upgraded by Argus with a new price target
Argus upgraded Marathon Oil from Hold to Buy and set a new price target of $31.00
Officer Whitehead Dane E returned 100,000 shares to the company, closing all direct ownership in the company (SEC Form 4)
4 - MARATHON OIL CORP (0000101778) (Issuer)
Executive VP, Operations Henderson Michael A returned 76,828 shares to the company, closing all direct ownership in the company (SEC Form 4)
4 - MARATHON OIL CORP (0000101778) (Issuer)
Executive VP and CFO White Rob L. returned 52,940 shares to the company, closing all direct ownership in the company (SEC Form 4)
4 - MARATHON OIL CORP (0000101778) (Issuer)
SEC Form 15-12G filed by Marathon Oil Corporation
15-12G - MARATHON OIL CORP (0000101778) (Filer)
SEC Form S-8 POS filed by Marathon Oil Corporation
S-8 POS - MARATHON OIL CORP (0000101778) (Filer)
SEC Form S-8 POS filed by Marathon Oil Corporation
S-8 POS - MARATHON OIL CORP (0000101778) (Filer)
Texas Pacific Land Set to Join S&P 500, Mueller Industries to Join S&P MidCap 400 and Atlas Energy Solutions to Join S&P SmallCap 600
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. Texas Pacific Land and Mueller Industries have company level market capitalizations that are more r
Marathon Oil Announces 2022 Capital Budget and Reports Fourth Quarter and Full Year 2021 Results
HOUSTON, Feb. 16, 2022 /PRNewswire/ -- Marathon Oil Corporation (NYSE:MRO) reported fourth quarter 2022 net income of $649 million, or $0.84 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. The adjusted net income was $592 million, or $0.77 per diluted share. Net operating cash flow was $1,146 million, or $1,101 million before changes in working capital. Marathon Oil reported full year 2021 net income of $946 million, or $1.20 per diluted share, whic
Helix Appoints T. Mitch Little as New Director
Helix Energy Solutions Group, Inc. ("Helix") (NYSE:HLX) announced today that its Board of Directors has appointed T. Mitch Little as a new director. Mr. Little, 58, served as Executive Vice President – Operations for Marathon Oil Corporation ("Marathon") (NYSE:MRO) from August 2016 until his retirement in December 2020, where he held full responsibility for all operations and development activities. Prior to such role Mr. Little served in a variety of roles of progressing leadership responsibility at Marathon, including Vice President – Conventional & Oil Sands Mining Assets, Vice President – International & Offshore Exploration & Production Operations, Managing Director – Norway, and Gene
ConocoPhillips completes acquisition of Marathon Oil Corporation
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 strong history of seamlessly integrating assets and we expect to deliver synergies of over $1 billion on a run rate basis in the next 12 months." In accordance with the terms of the merger agreement, each share of Marathon Oil
Marathon Oil Reports Third Quarter 2024 Results
HOUSTON, Nov. 6, 2024 /PRNewswire/ -- Marathon Oil Corporation (NYSE:MRO) reported third quarter 2024 net income of $287 million or $0.51 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 $360 million or $0.64 per diluted share. Net operating cash flow was $1,209 million or $1,042 million before changes in working capital (adjusted CFO). HIGHLIGHTS Third quarter free cash flow of $659 million and adjusted FCF of $589 million be
Marathon Oil Corporation Declares Third Quarter 2024 Dividend
HOUSTON, Oct. 30, 2024 /PRNewswire/ -- Marathon Oil Corporation (NYSE:MRO) announced today that the Company's board of directors has declared a dividend of 11 cents per share on Marathon Oil Corporation common stock. The dividend is payable on Dec. 10, 2024, to stockholders of record on Nov. 15, 2024. About Marathon Oil Marathon Oil Corporation (NYSE:MRO) is an independent oil and gas exploration and production (E&P) company focused on four of the most competitive resource plays in the U.S. - Eagle Ford, Texas; Bakken, North Dakota; STACK and SCOOP in Oklahoma; and Permian in
SEC Form SC 13G/A filed by Marathon Oil Corporation (Amendment)
SC 13G/A - MARATHON OIL CORP (0000101778) (Subject)
SEC Form SC 13G/A filed by Marathon Oil Corporation (Amendment)
SC 13G/A - MARATHON OIL CORP (0000101778) (Subject)
SEC Form SC 13G/A filed by Marathon Oil Corporation (Amendment)
SC 13G/A - MARATHON OIL CORP (0000101778) (Subject)