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U.S. crude oil futures plunged below $43/bbl for the first time since June 2017 , with February WTI settling -6.7% to $42.53/bbl and declining in tandem fall in line with another precipitous drop across global stock markets. More news on: Exxon Mobil Corporation, Chevron Corporation, Ro...
The new and improved Marathon Oil ( MRO ) has failed to impress Mr. Market. That's creating a decent bargain for investors. The company has rearranged its portfolio and paid down debt over the last few years. Breakeven at the corporate level appears to be dropping as profitability has climbe...
HOUSTON , Dec. 19, 2018 /PRNewswire/ -- The American Heart Association (AHA), the world's leading voluntary health organization devoted to a world of longer, healthier lives, announced the finalists for the 2019 Paul "Bear" Bryant Awards, sponsored by Marathon Oil Corporation. Repres...
North Dakota's oil production averaged 1.39M bbl/day in October, up nearly 32.6K bbl/day from September and setting another monthly production record , the North Dakota Pipeline Authority reports. More news on: Continental Resources, Inc., Whiting Petroleum Corporation, Hess Corporation, ...
Oil prices tumbled to wipe out the week's prior gains, weighed by a big drop in equities that followed weaker than expected data on China's economic growth and a stronger dollar; U.S. WTI settled -2.6% to $51.20/bbl, Brent -2.1% to $60.12/bbl. More news on: Exxon Mobil Corporation, ...
Oil production increases continue in the Permian. Inadequate takeaway capacity was thought to limit oil production from West Texas, but this has not occurred. We have seen widening differential for Permian crude, but this has not been enough to slow development. Operators have hedged for WTI, ...
Marathon Oil (NYSE: MRO ) +2.2% pre-market after reporting encouraging early production results at an important four-well pad in its Ajax area of the Williston Basin in North Dakota. More news on: Marathon Oil Corporation, Energy stocks news, Stocks on the move, Read more ...
EOG Resources ( EOG +2.1% ) rides today's energy rally to a healthy gain, helped too by a J.P. Morgan upgrade to Overweight from Neutral with a $118 price target. More news on: EOG Resources, Inc., Anadarko Petroleum Corporation, Cabot Oil & Gas Corporation, Energy stocks news...
Crude oil prices remain sharply lower in volatile trading after OPEC members say they agreed to production cuts but must await Russia before making a final decision on the exact amount and the allocation: WTI -3.9% at $50.79/bbl, Brent -3.2% at $59.56/bbl. More news on: Exxon Mobil C...
Marathon Petroleum ( MRO -4% ) says it is in exploratory talks with Exxon Mobil ( XOM -2.2% ) and Plains All American Pipeline ( PAA -4.7% ) to "combine efforts" for a Permian-to-Gulf Coast crude pipeline in the interest of capital efficiency while reducing the risk of pipeline over...
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Marathon Oil Corporation Declares Second Quarter 2024 Dividend PR Newswire HOUSTON , July 31, 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 Schedules Second Quarter 2024 Earnings Release PR Newswire HOUSTON , July 17, 2024 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today it plans to issue its second quarter 2024 earnings release on Wednesday, Aug. 7 , after t...
2024-06-19 02:52:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...