4 Jan 2018director interest notice● Neutral
MARATHON OIL CORP director Philip Lader acquired 10,069 shares and disposed of 1 in a set of related equity transactions.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
4 Jan 2018director interest notice● Neutral
MARATHON OIL CORP director Gaurdie E. Banister Jr. acquired 10,069 shares and disposed of 2 in a set of related equity transactions.
4 Jan 2018director interest notice● Neutral
MARATHON OIL CORP director Dennis H Reilley acquired 10,069 shares and disposed of 1 in a set of related equity transactions.
4 Jan 2018director interest notice● Neutral
MARATHON OIL CORP director Marcela E Donadio acquired 10,069 shares and disposed of 1 in a set of related equity transactions.
4 Jan 2018director interest notice● Neutral
MARATHON OIL CORP director Michael E J Phelps acquired 10,069 shares and disposed of 1 in a set of related equity transactions.
4 Jan 2018director interest notice● Neutral
MARATHON OIL CORP director Gregory H Boyce acquired 10,069 shares and disposed of 1 in a set of related equity transactions.
28 Nov 2017material agreement▲ Good
On November 28, 2017 Marathon agreed to buy $1 billion of new Louisiana parish revenue refunding bonds at 3.75% maturing June 1, 2037. The parish will use the proceeds to redeem $1 billion of 5.125% bonds (Series 2007A) for which Marathon is the obligor, so the interest rate on this debt falls from 5.125% to 3.75%. Closing was expected December 18, 2017.
2 Nov 2017quarterly activities report▼ Bad
MARATHON OIL CORP reported quarterly revenue of $1252.0 million and a net loss of $599.0 million for the period ended 2017-09-30.
1 Nov 2017quarterly activities report▼ Bad
MARATHON OIL CORP reported quarterly revenue of $1252.0 million and a net loss of $599.0 million for the period ended 2017-09-30.
31 Oct 2017director interest notice● Neutral
MARATHON OIL CORP VP, Controller & CAO Gary Eugene Wilson had 1,167 shares withheld for taxes on vesting stock.
31 Oct 2017director interest notice● Neutral
MARATHON OIL CORP VP-Conventional Catherine Lee Krajicek had 1,457 shares withheld for taxes on vesting stock.
3 Oct 2017quarterly activities report▼ Bad
MARATHON OIL CORP reported quarterly revenue of $1252.0 million and a net loss of $599.0 million for the period ended 2017-09-30.
3 Aug 2017quarterly activities report▼ Bad
MARATHON OIL CORP reported quarterly revenue of $1059.0 million and a net loss of $139.0 million for the period ended 2017-06-30.
2 Aug 2017quarterly activities report▼ Bad
MARATHON OIL CORP reported quarterly revenue of $1059.0 million and a net loss of $139.0 million for the period ended 2017-06-30.
24 July 2017debt financing● Neutral
Marathon closed the $1 billion 4.400% senior notes due July 15, 2027 on July 24, 2017. They are unsecured, rank equally with its other senior debt, and pay interest each January 15 and July 15 starting January 15, 2018. This completes the offering announced on July 13.
18 July 2017debt financing● NeutralMajor
On July 13, 2017 Marathon agreed to sell $1 billion of 4.40% senior notes due 2027, with closing expected July 24. The net proceeds are to be used to redeem in full its 6.0% notes due 2017, 5.90% notes due 2018 and 7.50% notes due 2019, with any remainder going to general corporate purposes.
17 July 2017securities registration● Neutral
MARATHON OIL CORP filed the final prospectus for a registered offering.
13 July 2017securities registration● Neutral
MARATHON OIL CORP filed a free-writing prospectus - marketing material for an offering in progress.
13 July 2017securities registration● Neutral
MARATHON OIL CORP filed a free-writing prospectus - marketing material for an offering in progress.
13 July 2017securities registration● Neutral
MARATHON OIL CORP filed a prospectus supplement for an offering off its existing shelf.
23 June 2017debt financing● Neutral
On June 22, 2017 Marathon signed a second amendment to its bank credit agreement (JPMorgan as agent), extending its term from May 28, 2020 to May 28, 2021. This continues the facility first set up in May 2014 and amended since; no change in size is stated.
5 June 2017asset acquisition disposition● NeutralMajor
Marathon completed the Canadian oil sands sale on May 31, 2017 to Shell and CNRL for about $2.5 billion before adjustments. About $1.75 billion was paid at closing and the remaining $750 million is due in the first quarter of 2018. This resolves the March 2017 sale agreement; the effective date was January 1, 2017.
11 May 2017director interest notice● Neutral
MARATHON OIL CORP officer Patrick Wagner had 4,771 shares withheld for taxes on vesting stock.
5 May 2017quarterly activities report▼ Bad
MARATHON OIL CORP reported quarterly revenue of $1072.0 million and a net loss of $4957.0 million for the period ended 2017-03-31.
4 May 2017quarterly activities report▼ Bad
MARATHON OIL CORP reported quarterly revenue of $1072.0 million and a net loss of $4957.0 million for the period ended 2017-03-31.
27 Apr 2017director interest notice● Neutral
MARATHON OIL CORP officer Reginald D Hedgebeth received 38,414 shares and a 105,449-share option grant as part of the equity award.
27 Apr 2017director interest notice● Neutral
Reginald D Hedgebeth became a MARATHON OIL CORP officer and company insider (initial ownership filing).
27 Apr 2017director interest notice● Neutral
Reginald D Hedgebeth became a MARATHON OIL CORP officer and company insider (initial ownership filing).
10 Apr 2017substantial holder notice● Neutral
The Vanguard Group reported a MARATHON OIL CORP shareholding of 84,869,602 shares (10.01% of votes) in a periodic institutional filing.
10 Apr 2017director interest notice● Neutral
MARATHON OIL CORP VP-Conventional Catherine Lee Krajicek had 520 shares withheld for taxes on vesting stock.