je.st
news
Tag: marathon
Marathon Oil Raises Dividend By Over 30% Following Debt Redemption
2021-04-30 11:40:00| OGI
Marathon Oil on April 29 declared a dividend of 4 cents per share, a 33% increase, joining other U.S. oil producers to do so as prices continue to recover from the pandemic-driven crash.
Tags: oil
debt
raises
dividend
Marathon Oil Reduces Gross Debt by $500 Million
2021-03-31 11:25:00| OGI
Marathon Oil intends to fully redeem its 2022 senior notes, which the Houston-based oil and gas producer said will reduce gross debt by $500 million and annual cash interest expense by $14 million.
Houston-based Oil Producer Marathon Oil Confirms Layoffs
2021-02-11 22:10:00| OGI
Marathon Oil confirmed it had laid off employees and cut its U.S. organizational footprint, though oil and gas producer did not disclose how many employees were impacted by the layoffs.
Tags: oil
producer
marathon
confirms
Marathon Oil Aligns Executive Compensation with ESG Performance
2021-01-28 21:05:00| OGI
Marathon Oil CEO Lee Tillman says it is imperative that the company and the oil and gas industry address the dual challenge of meeting the worlds growing energy demand while also responding to the risk of climate change.
Tags: performance
executive
oil
compensation
Former Noble Energy Exec Brent Smolik Joins Marathon Oil Board
2021-01-12 00:25:00| OGI
The addition of Brent Smolik, formerly president and COO of Noble Energy, increases the size of the Marathon Oil board of directors to nine, according to a company filing.