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Crude oil surges to six-week highs after China reportedly has offered to ramp up its purchases of U.S. imports over six years to $1T/year, with the goal of eliminating its trade surplus with the U.S.; WTI +3.4% to $53.87/bbl, Brent +2.8% to $62.92/bbl. More news on: Exxon Mobil...
Continental Resources ( CLR ) weathered challenging transport limits in the Bakken that Permian producers now face. It also made an inspired decision not to hedge oil prices and so received a relatively high oil price throughout 2018. Long-term the Bakken is a smaller basin with fewer oil re...
HOUSTON , Jan. 9, 2019 /PRNewswire/ -- Coach Dabo Swinney took home the title of the college football Coach of the Year at the American Heart Association's 33 rd annual Paul "Bear" Bryant Awards presented by Marathon Oil Corporation Wednesday. Swinney is the first coach in the Bryan...
Energy stocks fell hard as crude oil prices tumbled to 18-month lows to close 2018, and BofA Merrill Lynch’s Doug Leggate thinks some are clearly undervalued , saying "on any reasonable measure U.S. oils are severely oversold, resetting absolute and relative opportunities across the ...
Crude oil prices surge after China said it would hold trade talks with the U.S., also helped by signs of lower crude supply and strong economic data; WTI +3.4% to $48.70/bbl, Brent +3.3% to $57.80/bbl. More news on: Exxon Mobil Corporation, Chevron Corporation, BP p.l.c., Energ...
HOUSTON , Jan. 3, 2019 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today it plans to issue its fourth quarter and full-year 2018 earnings news release and details of the Company's 2019 capital program on Wednesday, Feb. 13 , after the close of U.S. financial markets. ...
According to Fidelity Investments, the energy sector once again finds itself at the very bottom in terms of one-year performance: Down more than 2x as compared to the S&P 500: Source: Fidelity Investments But most investors - especially those in the energy sector - know this is nothi...
The Middle Bakken and Three-Forks formations are the bedrock on which the modern North Dakotan energy industry is built upon. Higher oil prices for most of 2018 helped push the state's crude production to all-time highs , aided by Marathon Oil Corporation (NYSE: MRO ) allocating more to devel...
Crude oil prices, caught up in the wider weakness of the financial markets, are staging a recovery today amid perceptions that the recent slide may have been overdone: WTI +6.1% to $45.11/bbl, Brent +4.8% to $52.91/bbl. More news on: Exxon Mobil Corporation, Chevron Corporation,...
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...
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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...