5 Aug 2015quarterly activities report▼ Bad
MARATHON OIL CORP reported quarterly revenue of $1531.0 million and a net loss of $386.0 million for the period ended 2015-06-30.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
15 June 2015debt financing● Neutral
On June 10, 2015, Marathon Oil closed the $2.0 billion note offering announced June 1: $600 million of 2.70% notes due 2020, $900 million of 3.85% notes due 2025 and $500 million of 5.20% notes due 2045. Interest is paid each June 1 and December 1, starting December 1, 2015. This completes the June 1 agreement.
3 June 2015securities registration● Neutral
MARATHON OIL CORP filed a prospectus supplement for an offering off its existing shelf.
3 June 2015debt financing● Neutral
On June 1, 2015, Marathon Oil agreed with underwriters to sell $600 million of 2.70% notes due 2020, $900 million of 3.85% notes due 2025 and $500 million of 5.20% notes due 2045. It says the proceeds will be used to repay its 0.900% notes due November 1, 2015 (issued in 2012) and for general corporate purposes. Closing was expected June 10, 2015.
1 June 2015securities registration● Neutral
MARATHON OIL CORP filed a free-writing prospectus - marketing material for an offering in progress.
1 June 2015securities registration● Neutral
MARATHON OIL CORP filed a prospectus supplement for an offering off its existing shelf.
7 May 2015quarterly activities report▼ Bad
MARATHON OIL CORP reported quarterly revenue of $1532.0 million and a net loss of $276.0 million for the period ended 2015-03-31.
6 May 2015quarterly activities report▼ Bad
MARATHON OIL CORP reported quarterly revenue of $1532.0 million and a net loss of $276.0 million for the period ended 2015-03-31.
11 Feb 2015substantial holder notice● Neutral
The Vanguard Group disclosed a new substantial MARATHON OIL CORP shareholding (5.37% of votes).
9 Jan 2015substantial holder notice● Neutral
BlackRock, Inc reported a MARATHON OIL CORP shareholding of 69,224,027 shares (10.30% of votes) in a periodic institutional filing.
4 Nov 2014quarterly activities report● Neutral
MARATHON OIL CORP reported quarterly revenue of $2971.0 million and net income of $431.0 million for the period ended 2014-09-30.
3 Nov 2014quarterly activities report● Neutral
MARATHON OIL CORP reported quarterly revenue of $2971.0 million and net income of $431.0 million for the period ended 2014-09-30.
31 Oct 2014asset acquisition disposition● Neutral
This amendment to the October 2014 Norway sale filing replaces the pro forma balance sheet as of June 30, 2014, because some adjustments were left out of the original. The pro forma income statements for 2011-2013 are unchanged. There is no new transaction.
20 Oct 2014asset acquisition disposition● NeutralMajor
On October 15, 2014, Marathon Oil completed the sale of its Norwegian subsidiary, Marathon Oil Norge AS, to Det norske oljeselskap ASA for about $2.1 billion after adjustments. The sale includes the operated Alvheim floating production vessel, 10 operated licenses and several non-operated licenses on the Norwegian Continental Shelf; Norway averaged about 80,000 barrels of oil equivalent per day net in 2013. The filing also provides pro forma financial statements showing the effect of the sale.
7 Aug 2014quarterly activities report● Neutral
MARATHON OIL CORP reported quarterly revenue of $2941.0 million and net income of $540.0 million for the period ended 2014-06-30.
6 Aug 2014quarterly activities report● Neutral
MARATHON OIL CORP reported quarterly revenue of $2941.0 million and net income of $540.0 million for the period ended 2014-06-30.
5 Aug 2014quarterly activities report● Neutral
MARATHON OIL CORP reported quarterly revenue of $2941.0 million and net income of $540.0 million for the period ended 2014-06-30.
5 Aug 2014quarterly activities report● Neutral
MARATHON OIL CORP reported quarterly revenue of $2941.0 million and net income of $540.0 million for the period ended 2014-06-30.
2 June 2014debt financing● Neutral
On May 28, 2014, Marathon Oil replaced its April 2012 credit agreement with an amended and restated $2.5 billion unsecured five-year revolving credit facility maturing May 28, 2019 (extendable, with an option to add up to $1.0 billion). Commitment fees and interest margins are somewhat lower at the low end than the 2012 facility, and the 65% debt-to-capitalization covenant is unchanged. This continues the bank facility set up in 2012.
7 May 2014quarterly activities report● Neutral
MARATHON OIL CORP reported quarterly revenue of $2849.0 million and net income of $1149.0 million for the period ended 2014-03-31.
6 May 2014quarterly activities report● Neutral
MARATHON OIL CORP reported quarterly revenue of $2849.0 million and net income of $1149.0 million for the period ended 2014-03-31.
28 Feb 2014securities registration● Neutral
MARATHON OIL CORP filed an automatic shelf registration, effective immediately as a well-known seasoned issuer.
10 Jan 2014substantial holder notice● Neutral
BlackRock, Inc reported a MARATHON OIL CORP shareholding of 70,571,996 shares (10.10% of votes) in a periodic institutional filing.
6 Nov 2013quarterly activities report● Neutral
MARATHON OIL CORP reported quarterly revenue of $3127.0 million and net income of $569.0 million for the period ended 2013-09-30.
4 Nov 2013quarterly activities report● Neutral
MARATHON OIL CORP reported quarterly revenue of $3127.0 million and net income of $569.0 million for the period ended 2013-09-30.
8 Aug 2013quarterly activities report● Neutral
MARATHON OIL CORP reported quarterly revenue of $2990.0 million and net income of $426.0 million for the period ended 2013-06-30.
7 Aug 2013quarterly activities report● Neutral
MARATHON OIL CORP reported quarterly revenue of $2990.0 million and net income of $426.0 million for the period ended 2013-06-30.
10 May 2013quarterly activities report● Neutral
MARATHON OIL CORP reported quarterly revenue of $4020.0 million and net income of $383.0 million for the period ended 2013-03-31.
8 May 2013quarterly activities report● Neutral
MARATHON OIL CORP reported quarterly revenue of $4020.0 million and net income of $383.0 million for the period ended 2013-03-31.
10 Apr 2013substantial holder notice● Neutral
BlackRock, Inc reported a MARATHON OIL CORP shareholding of 73,013,359 shares (10.31% of votes) in a periodic institutional filing.