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Marathon Petroleum Corporation Q3 Profit Decreases
Marathon Oil Beats Q3 Profit Estimates on Higher Production
Marathon Oil is set to be acquired by larger rival ConocoPhillips for $22.5 billion. The deal, approved by Marathon's shareholders in August, is currently undergoing a Federal Trade Commission review and is expected to close late in the fourth quarter of 2024.
Marathon Oil: Q3 Earnings Snapshot
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, adjusted for non-recurring costs, came to 64 cents per share.
Marathon Petroleum Corporation Q3 Profit Decreases, But Beats Estimates
Marathon Petroleum Corporation (MPC) reported a profit for third quarter that decreased from the same period last year but beat the
Marathon Petroleum (MPC) Q3 2024 Earnings Call Transcript
Operator Welcome to the MPC third-quarter 2024 earnings call. My name is Sheila, and I will be your operator for today's call. [Operator instructions] Please note that this conference is being recorded.
Marathon Petroleum (MPC) Tops Q3 Earnings and Revenue Estimates
Marathon Petroleum (MPC) came out with quarterly earnings of $1.87 per share, beating the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $8.14 per share a year ago. These figures are adjusted for non-recurring items.
4h
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 ...
Hosted on MSN
7d
Marathon Oil to lay off more than 500 at Houston office after ConocoPhillips merger
Marathon
Oil
will lay off more than 500 people as result of its $22.5 billion merger with
oil
giant ConocoPhillips, the ...
21h
on MSN
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 ...
6d
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 ...
7d
on MSN
Report: Marathon Oil warns of mass Houston layoffs after merger
Those tabbed for layoffs will be notified of termination within a month of ConocoPhillips ending its acquisition of ...
3d
on MSN
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 Media
6d
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 ...
7d
Marathon Oil Cuts 500 Houston Jobs Ahead of ConocoPhillips Takeover
Marathon Oil Corp. is cutting 500 jobs in Houston ahead of its $17 billion takeover by ConocoPhillips, according to state ...
Odessa American
2d
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.
1d
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 ...
5d
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 ...
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