MRO

Marathon Oil Corporation

MRO

Market cap $16B

Overview Fund Activity

Delisted

MRO was delisted on the 21st of November, 2024.

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About: Marathon is an independent exploration and production company primarily focusing on unconventional resources in the United States. At the end of 2023, the company reported net proved reserves of 1.1 billion barrels of oil equivalent. Net production averaged 405 thousand barrels of oil equivalent per day in 2023 at a ratio of roughly 70% oil and NGLs and 30% natural gas.

Employees: 1,681

Energy Oil & Gas Integrated

Financial journalist opinion

Proactive Investors

Exploration and production outlook: operational improvements and M&A to shape 2025

The exploration and production (E&P) industry is expected to be shaped by efficiency improvements, mergers and acquisitions (M&A) and shifting commodity trends in 2025, analysts at Citi believe. In their 2025 sector outlook, the analysts wrote that despite significant operational advancements in 2024, E&P equities struggled to differentiate themselves, overshadowed by crude price concerns and broader market dynamics.

Exploration and production outlook: operational improvements and M&A to shape 2025

ConocoPhillips' Merger With Marathon Oil Offers Synergies (Rating Upgrade)

ConocoPhillips, a $123 billion market cap company, successfully completed its acquisition of the much smaller Marathon Oil. It has an investor-friendly capital return program with a 3.3% dividend, and large share repurchases. Pro forma post-acquisition annual cost savings are estimated at $500 million, while asset disposition is expected to total another $2 billion.

ConocoPhillips' Merger With Marathon Oil Offers Synergies (Rating Upgrade)

ConocoPhillips Company announces cash tender offers for debt securities and consent solicitations by Marathon Oil Corporation

HOUSTON--(BUSINESS WIRE)--ConocoPhillips Company announces cash tender offers for debt securities and consent solicitations by Marathon Oil Corporation.

ConocoPhillips Company announces cash tender offers for debt securities and consent solicitations by Marathon Oil Corporation

ConocoPhillips Company announces exchange offers for debt securities and consent solicitations by Marathon Oil Corporation

HOUSTON--(BUSINESS WIRE)--ConocoPhillips Company announces exchange offers for debt securities and consent solicitations by Marathon Oil Corporation.

ConocoPhillips Company announces exchange offers for debt securities and consent solicitations by Marathon Oil Corporation

5 Best CEFs This Month For 8.5% Yield (November 2024)

For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.

5 Best CEFs This Month For 8.5% Yield (November 2024)

Potential $5,000 Monthly Income: 10 Investments To Buy And Hold For Next 10 Years

We present a highly diversified yet simple portfolio of 10 positions, with 9 funds and one individual MLP stock. The portfolio has been designed for retirees and investors planning for retirement, with a 6% current income yield and potentially 6% plus dividend growth. The portfolio presented uses a hands-off approach, and it is diversified among many asset classes as well as different sectors of the economy to be able to withstand different economic cycles in the next 10 years.

Potential $5,000 Monthly Income: 10 Investments To Buy And Hold For Next 10 Years

ConocoPhillips closes $22.5 billion deal for Marathon Oil

U.S. shale oil producer ConocoPhillips said on Friday it has completed the $22.5 billion deal to acquire smaller peer Marathon Oil.

ConocoPhillips closes $22.5 billion deal for Marathon Oil

ConocoPhillips completes acquisition of Marathon Oil Corporation

HOUSTON--(BUSINESS WIRE)--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 st.

ConocoPhillips completes acquisition of Marathon Oil Corporation

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 Set to Join S&P 500, Mueller Industries to Join S&P MidCap 400 and Atlas Energy Solutions to Join S&P SmallCap 600

Texas Pacific Land Will Join S&P 500. It Replaces Marathon Oil.

Marathon Oil is being dropped because it will be purchased by ConocoPhillips in a deal expected to close on Nov. 22.

Texas Pacific Land Will Join S&P 500. It Replaces Marathon Oil.

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