7 Feb 2025substantial holder notice● Neutral
Invesco Ltd. reported no remaining MARATHON OIL CORP shareholding in its periodic institutional filing.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
2 Dec 2024listing compliance notice▼ BadMajor
MARATHON OIL CORP deregistered its securities, ending its obligation to file reports with the SEC.
22 Nov 2024director interest notice● Neutral
MARATHON OIL CORP Executive VP, Operations Michael A Henderson disposed of 76,828 shares via option/appreciation-right settlement.
22 Nov 2024director interest notice● Neutral
MARATHON OIL CORP insider Shawn D. Williams disposed of 15,486 shares via option/appreciation-right settlement.
22 Nov 2024business combination● NeutralMajor
ConocoPhillips completed its acquisition of Marathon on November 22, 2024, after the antitrust waiting period expired on November 20, 2024. Each Marathon share was converted into 0.2550 ConocoPhillips shares plus cash for fractions, and Marathon became a wholly owned ConocoPhillips subsidiary. This resolves the merger thread: Marathon asked the NYSE to delist its stock and plans to end its SEC registration, all directors and officers left, the revolving credit facility and commercial paper program were paid off and terminated, and ConocoPhillips guarantees the $1B Louisiana bonds (taking over the obligations around July 1, 2026).
22 Nov 2024director interest notice● Neutral
MARATHON OIL CORP insider Holli C. Ladhani disposed of 34,209 shares via option/appreciation-right settlement.
22 Nov 2024director interest notice● Neutral
MARATHON OIL CORP insider Marcela E Donadio disposed of 106,078 shares via option/appreciation-right settlement.
22 Nov 2024securities registration● Neutral
MARATHON OIL CORP amended its automatic shelf registration statement.
22 Nov 2024director interest notice● Neutral
MARATHON OIL CORP insider Chad C Deaton disposed of 109,294 shares via option/appreciation-right settlement.
22 Nov 2024director interest notice● Neutral
MARATHON OIL CORP Chairman, President and CEO Lee M Tillman disposed of 1,200,503 shares via option/appreciation-right settlement.
22 Nov 2024director interest notice● Neutral
MARATHON OIL CORP insider Mark A Mccollum disposed of 16,299 shares via option/appreciation-right settlement.
22 Nov 2024director interest notice● Neutral
MARATHON OIL CORP insider Kimberly O. Warnica disposed of 124,378 shares via option/appreciation-right settlement.
22 Nov 2024director interest notice● Neutral
MARATHON OIL CORP insider Dane E Whitehead disposed of 100,000 shares via option/appreciation-right settlement.
22 Nov 2024director interest notice● Neutral
MARATHON OIL CORP VP, Controller & CAO Zachary B. Dailey disposed of 70,206 shares via option/appreciation-right settlement.
22 Nov 2024director interest notice● Neutral
MARATHON OIL CORP insider Brent J Smolik disposed of 35,829 shares via option/appreciation-right settlement.
22 Nov 2024listing compliance notice● NeutralMajor
MARATHON OIL CORP's exchange filed to remove a class of its securities from listing.
22 Nov 2024director interest notice● Neutral
MARATHON OIL CORP insider M Elise Hyland disposed of 73,953 shares via option/appreciation-right settlement.
22 Nov 2024director interest notice● Neutral
MARATHON OIL CORP insider Patrick Wagner disposed of 104,735 shares via option/appreciation-right settlement.
22 Nov 2024director interest notice● Neutral
MARATHON OIL CORP Executive VP and CFO Rob L. White disposed of 52,940 shares via option/appreciation-right settlement.
20 Nov 2024director interest notice● Neutral
MARATHON OIL CORP officer Patrick Wagner sold 36,094 shares at $28.84.
19 Nov 2024director interest notice● Neutral
MARATHON OIL CORP Chairman, President and CEO Lee M Tillman exercised stock options for 256,591 shares and disposed of 513,182 shares.
6 Nov 2024quarterly activities report● Neutral
MARATHON OIL CORP reported quarterly revenue of $1791.0 million and net income of $287.0 million for the period ended 2024-09-30.
6 Nov 2024quarterly activities report● Neutral
MARATHON OIL CORP reported quarterly revenue of $1791.0 million and net income of $287.0 million for the period ended 2024-09-30.
20 Sept 2024director interest notice● Neutral
MARATHON OIL CORP officer Dane E Whitehead sold 52,008 shares at $27.50.
19 Aug 2024business combination● Neutral
Marathon disclosed that several shareholder demand letters and three lawsuits (filed Aug 12 and 15, 2024 in New York) claim the merger proxy statement left out information. Marathon says the claims are without merit but added extra disclosures to avoid delay, including that two other parties (A and B) received a draft merger agreement on May 26, 2024 and made no further proposals, Morgan Stanley's valuation range of $26.50 to $34.00 per share, and analyst price targets of $28 to $45. This continues the merger thread ahead of the Aug 29 vote; no outcome of the lawsuits is stated.
8 Aug 2024quarterly activities report● Neutral
MARATHON OIL CORP reported quarterly revenue of $1707.0 million and net income of $349.0 million for the period ended 2024-06-30.
7 Aug 2024quarterly activities report● Neutral
MARATHON OIL CORP reported quarterly revenue of $1707.0 million and net income of $349.0 million for the period ended 2024-06-30.
29 July 2024business combination● NeutralMajor
Marathon filed its final proxy statement for the ConocoPhillips merger. Shareholders of record on July 26, 2024 can vote at a special meeting on August 29, 2024, and would receive 0.255 ConocoPhillips shares per Marathon share, worth about $28.27 on July 26 versus about $30.33 on May 28. The board unanimously recommends voting for it; a majority of outstanding shares must approve, and abstentions or not voting count as 'against'. This continues the merger thread and sets the vote date.
12 July 2024business combination▼ BadMajor
On July 11, 2024 the FTC sent both Marathon and ConocoPhillips a 'Second Request' for more information on the merger, which extends the antitrust waiting period until 30 days after they substantially comply. The companies say they still expect to close in the fourth quarter of 2024, subject to remaining conditions including Marathon shareholder approval. This continues the ConocoPhillips merger thread and adds a regulatory hurdle.
3 July 2024director interest notice● Neutral
MARATHON OIL CORP Executive VP and CFO Rob L. White received 11,842 shares as part of the equity award.