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Marathon Oil: Finances Under Siege, Operational Gains Compensate

2015-09-08 08:57:08| Oil & Gas - Topix.net

Marathon Oil has $5.5 billion in liquidity to cover future cash flow gaps as management reduces costs and cuts capital expenditures to rein in its outspend. During the second quarter of 2015 , Marathon Oil Corporation was able to secure an additional $50 million in savings relating to its unconventional drilling and completion operations in the US.

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