Milan - Delayed Quote EUR

MARATHON OIL (1USS.MI)

27.15

-0.77

(-2.74%)

At close: November 15 at 3:30:08 PM GMT+1

S&P 500: Texas Pacific Land Rises On S&P 500 Index Entry

Texas Pacific Land will join the S&P 500 index on Nov. 26, replacing Marathon Oil. Atlas Energy will move into the S&P SmallCap 600.

Investor's Business Daily last month

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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

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

PR Newswire last month

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Marathon Oil Reports Third Quarter 2024 Results

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).

PR Newswire last month

MRO
Marathon Oil Corporation Declares Third Quarter 2024 Dividend

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.

PR Newswire last month

MRO
Election uncertainty puts major M&A deals on hold

Companies have increasingly paused their merger and acquisition (M&A) plans amid uncertainty surrounding the upcoming US presidential election. Major deals, including proposed mergers between ConocoPhillips (COP) and Marathon Oil (MRO) as well as Capital One (COF) and Discover Financial Services (DFS), have reportedly pushed closing timelines into 2025 or beyond the presidential inauguration. Yahoo Finance Legal Reporter Alexis Keenan examines the factors behind this strategic pause in M&A activity, particularly focusing on how antitrust enforcement approaches could vary under a Trump administration versus a Harris administration. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Angel Smith

Yahoo Finance Video 2 months ago

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Companies wrestle with when to merge as they assess Harris and Trump

Companies are in the dark about how exactly antitrust enforcement would shift under a new administration, upending merger plans until a 2024 outcome is certain.

Yahoo Finance 2 months ago

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Marathon Oil Schedules Third Quarter 2024 Earnings Release

Marathon Oil Corporation (NYSE: MRO) announced today it plans to issue its third quarter 2024 earnings release on Wednesday, Nov. 6, after the close of U.S. financial markets.

PR Newswire 2 months ago

MRO
Marathon Oil Receives Stockholder Approval for Proposed Merger with ConocoPhillips

Marathon Oil Corporation (NYSE: MRO) ("Marathon Oil") announced today that it received the necessary stockholder approval for Marathon Oil's pending merger with ConocoPhillips (NYSE: COP). Marathon Oil will file the vote results of the special stockholder meeting in a Form 8-K with the U.S. Securities and Exchange Commission (the "SEC"). Marathon Oil and ConocoPhillips continue to expect the transaction to close late in the fourth quarter of 2024, subject to regulatory clearance and other custom

PR Newswire 3 months ago

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Marathon Oil (NYSE:MRO) Will Pay A Dividend Of $0.11

Marathon Oil Corporation ( NYSE:MRO ) has announced that it will pay a dividend of $0.11 per share on the 10th of...

Simply Wall St. 4 months ago

MRO
Marathon Oil Reports Second Quarter 2024 Results

- Marathon Oil Corporation (NYSE: MRO) reported second quarter 2024 net income of $349 million or $0.62 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 $357 million or $0.63 per diluted share. Net operating cash flow was $1,088 million or $1,028 million before changes in working capital (adjusted CFO).

PR Newswire 4 months ago

MRO
Marathon Oil Corporation Declares Second Quarter 2024 Dividend

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 Sept. 10, 2024, to stockholders of record on Aug. 21, 2024.

PR Newswire 4 months ago

MRO
Marathon Oil Corporation (NYSE:MRO) Shares Could Be 44% Below Their Intrinsic Value Estimate

Key Insights Marathon Oil's estimated fair value is US$51.98 based on 2 Stage Free Cash Flow to Equity Current share...

Simply Wall St. 5 months ago

MRO
Marathon Oil Schedules Second Quarter 2024 Earnings Release

Marathon Oil Corporation (NYSE: MRO) announced today it plans to issue its second quarter 2024 earnings release on Wednesday, Aug. 7, after the close of U.S. financial markets.

PR Newswire 5 months ago

MRO
Why private equity is 'the real issue' in M&A

The mergers and acquisition (M&A) landscape has seen significant activity in 2024, with major deals like ConocoPhillips' (COP) announcing its plans to acquire Marathon Oil (MRO) and Capital One's (COF) intent to purchase Discover (DFS) making headlines. To gain insight into whether this trend can continue, Solomon Partners CEO Marc Cooper shares his outlook on dealmaking for the remainder of 2024. Cooper characterizes the current M&A environment as "a tale of two cities." On one hand, he notes that "strategic M&A is doing great," with companies continuing to engage in "noteworthy transactions" aimed at creating increased value. However, Cooper points out, "the real issue is private equity." He explains that this segment of the market has not yet reached "that equilibrium point" between buyers' and sellers' expectations. "There are an unprecedented number of assets owned by private equity that are slated for sale, but are not getting done because of price discrepancy. It's really going to be an issue of just accepting what the new price reality is," Cooper told Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith

Yahoo Finance Video 5 months ago

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2 Energy Stocks to Avoid in July Amid Oil Rally

Oil has been hot lately, but XOM and MRO warrant caution

Schaeffer's Investment Research 5 months ago

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Oil industry consolidations will create stable prices: Analyst

The oil industry is seeing major consolidations at play as Hess (HES) shareholders approved a $53 billion merger with Chevron (CVX), and ConocoPhillips (COP) will acquire Marathon Oil (MRO) in a $17.1 billion all-stock deal. TD Cowen Analyst Jason Gabelman joins Morning Brief to discuss how these M&A moves should be viewed from a shareholder perspective. "We think it creates a more healthy environment for our shareholders," Gabelman explains. He says that the mergers will lead larger companies to have more control of the oil (CL=F, BZ=F) in the US, which will ultimately allow them to execute "moderate, low-to-mid single-digit oil production growth that should result in a healthier commodity backdrop where there will be less responsive to spikes in oil prices and support higher and more stable oil prices." He adds that more stable oil prices will be a relief to consumers as they grapple with tighter budgets amid high inflation. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl

Yahoo Finance Video 6 months ago

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Big Energy deals: Oil & gas mergers

It was a busy week for mergers and acquisitions in the oil and gas industry. Hess (HES) shareholders approved plans to be acquired by competitor Chevron (CVX). A move that was first announced in October 2023. ConocoPhillips (COP) also reached an agreement to acquire Marathon Oil (MRO) in a $17.1 billion all-stock deal. These big energy deals signal a larger trend in the oil industry: a handful of larger companies gobbling up the lion share of the industry space. Will these M&A activities face regulatory scrutiny? Will these growing industry titans face antitrust enforcement? Here is what you need to know. Hess shareholders agreed to a $53 billion acquisition by Chevron, Yahoo Finance's Ines Ferre covering the shareholder vote reports: "A Chevron spokesperson saying after this vote: 'We are pleased that a majority of Hess shareholders have voted to approve the merger. We anticipate moving the FTC regulatory process towards its conclusion in the coming weeks.'" However, Chevron may not be out of the woods yet, as they face serious opposition from competitor ExxonMobil (XOM). The two oil companies are fighting for the rights over a lucrative oil reserve in the Guyana coast (bordering Venezuela). Yahoo Finance's Alexis Keenan summarizes: "Now Exxon has about 45% share in that particular asset, Hess at 30%, and a China state-owned company owning 25%. What Exxon is saying is that its majority stake gives them the right to counter whatever Chevron would be offering for Hess's stake." With the Guyana coast oil reserve being the crown-jewel asset of this transaction between Chevron and Hess, Exxon's right of first refusal could kill the deal entirely. ConocoPhillips is in talks to acquire Marathon Oil for $17.1 billion in an all-stock-deal. Tortoise Portfolio Manager Rob Thummel explains: "Marathon Oil actually has one of the highest free-cash flow yields in the oil & gas space. When you merge these assets together, what ConocoPhillips gets is some good assets across the Bakken in North Dakota, across the Permian and the Eagle Ford in Texas, but it get's a lot of free cash flow." ConocoPhillips merging with Marathon Oil is indicative of a larger trend in the oil & gas industry; smaller oil companies acknowledge that they cannot compete with their more powerful and resource-rich competitors. Alpine Saxon Wood's Chief Market Strategist Sarah Hunt elaborates: "The reality on the ground is fossil fuels are going to be with us for a lot longer, but there has been a change in the way investors perceive them. I think this is all about consolidating into a smaller number of players in a very mature industry, that is looked at as something that is not going to last forever." The Dallas Federal Reserve surveyed industry executives in the oil & gas space in attempt to gauge the forecast for future M&A activities. Yahoo Finance's Ines Ferre reports: "Overwhelmingly they anticipate more mergers in the next two years. As one analyst told Yahoo Finance nobody wants to be too small to compete with the big guys." This article was written by Noah Chadwick

Yahoo Finance Video 6 months ago

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US GDP, retail earnings, C3.ai CEO talks demand: Morning Brief

Stocks (^DJI, ^IXIC, ^GSPC) are on the path to open the Thursday session amidst Wall Street's outlook on the Federal Reserve's monetary policy and slowing growth in US GDP (Gross Domestic Product). CFRA Research Chief Investment Strategist Sam Stovall sits down with Morning Brief Hosts Seana Smith and Brad Smith, diving into whether interest rates matter more to markets than Friday's Personal Consumption Expenditures (PCE) print. Loop Capital Markets Managing Director Anthony Chukumba weighs in on the state of the US consumer by analyzing retail earnings out from discount store Dollar General (DG) and electronics outlet Best Buy (BBY). Other top stocks trending on recent earnings results include Salesforce (CRM), Foot Locker (FL), Kohl's (KSS), and Okta (OKTA). C3.ai (AI) Founder, Chairman and CEO Tom Siebel also joins the show to discuss the artificial intelligence developer's fiscal fourth-quarter earnings and the use cases pushing AI demand. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 6 months ago

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Why the energy sector's M&A frenzy may not be over

The energy sector has witnessed a surge in merger and acquisition (M&A) activity, with two major transactions taking place this week alone. ConocoPhillips (COP) has agreed to acquire Marathon Oil (MRO), while Hess (HES) shareholders have approved the company's sale to Chevron (CVX). These deals have ignited speculation about what lies ahead for the energy sector. Yahoo Finance's Ines Ferré delves into the details, offering insights into the drivers behind the rising M&A activity and how this trend is expected to continue throughout the year. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith

Yahoo Finance Video 6 months ago

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Major energy M&A deals, the market's momentum: Morning Brief

How are the major market averages (^DJI, ^IXIC, ^GSPC) feeling this morning after the Nasdaq's big climb above 17,000 on Tuesday? Yahoo Finance's The Morning Brief is here to help investors start their trading day off right as hosts Seana Smith and Brad Smith walk you through the top stories and market trends. Hess Corp. (HES) shareholders approved the $53 billion buyout deal with Chevron (CVX). In other energy M&A news, ConocoPhillips (COP) is set to acquire Marathon Oil (MRO) in an all-stock deal valued at $17.1 billion. Tortoise Portfolio Manager Rob Thummel told Yahoo Finance that this deal came as a total "surprise." Lastly, platinum miner Anglo American (NGLOY, AAL.L) rejected BHP Group's (BHP) bid to extend their merger deadline. Russell Investments President and Chief Investment Officer Kate El-Hillow sits down with the team in-studio to discuss the market's momentum trade and the strength of this earnings season's fundamentals. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 6 months ago

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Performance Overview

Return	1USS.MI	DAX P
YTD	+18.56%	+18.49%
1-Year	+18.56%	+18.81%
3-Year	+18.56%	+27.29%

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MARATHON OIL (1USS.MI)

S&P 500: Texas Pacific Land Rises On S&P 500 Index Entry

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

Marathon Oil Reports Third Quarter 2024 Results

Marathon Oil Corporation Declares Third Quarter 2024 Dividend

Election uncertainty puts major M&A deals on hold

Companies wrestle with when to merge as they assess Harris and Trump

Marathon Oil Schedules Third Quarter 2024 Earnings Release

Marathon Oil Receives Stockholder Approval for Proposed Merger with ConocoPhillips

Marathon Oil (NYSE:MRO) Will Pay A Dividend Of $0.11

Marathon Oil Reports Second Quarter 2024 Results

Marathon Oil Corporation Declares Second Quarter 2024 Dividend

Marathon Oil Corporation (NYSE:MRO) Shares Could Be 44% Below Their Intrinsic Value Estimate

Marathon Oil Schedules Second Quarter 2024 Earnings Release

Why private equity is 'the real issue' in M&A

2 Energy Stocks to Avoid in July Amid Oil Rally

Oil industry consolidations will create stable prices: Analyst

Big Energy deals: Oil & gas mergers

US GDP, retail earnings, C3.ai CEO talks demand: Morning Brief

Why the energy sector's M&A frenzy may not be over

Major energy M&A deals, the market's momentum: Morning Brief

Performance Overview