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Marathon Oil: Finances Under Siege, Operational Gains Compensate
2015-09-08 14:27:15| Energy - 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.
Tags: oil
operational
gains
finances
Category:Energy and Environment
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