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Marathon Oil Corp

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  • Traders Fill Up on This Oil Giant Tuesday, 19 Mar 2013 | 4:49 PM ET

    For a long time, the trade has been to buy oil refiners and sell big oil. Now it looks like that trade could flip.

  • Why Traders Are Saying 'Yes' to Hess Tuesday, 5 Mar 2013 | 2:53 PM ET

    One options trader has made a bet that Hess's rally would continue. Should you follow suit?

  • March 4- Hess Corp will offload its energy trading arm, Hetco, and exit its retail gasoline and marketing businesses by 2015 after pressure from investors accelerated plans to break up the company's sprawling energy empire.

  • Hess to Exit Retail to Focus on Oil, Gas Exploration Monday, 4 Mar 2013 | 10:26 AM ET

    Hess will exit its retail, energy marketing, and energy trading businesses following pressure from an activist investor to break up the company.

  • *Raises dividend to $1 from 40 cents. March 4- Oil and gas company Hess Corp will exit its retail, energy marketing and energy trading businesses following pressure from its third-largest shareholder- activist investor Elliott Management- to break up the company.

  • *Raises dividend to $1 from 40 cents. March 4- Oil and gas company Hess Corp will exit its retail, energy marketing, and energy trading businesses following pressure from an activist investor to break up the company. The company also said it would buy back up to $4 billion of its stock and increase its annual dividend to $1 from 40 cents, beginning July.

  • Goldman, Blackrock Among 10 Most Overbought Stocks: Pro Wednesday, 20 Feb 2013 | 12:30 PM ET

    Based on a proprietary algorithm from Chartlab Pro, here are the 10 most overbought stocks in the market right now.

  • Epperson: Gasoline's Steady Climb  Tuesday, 19 Feb 2013 | 10:30 AM ET

    CNBC's Sharon Epperson reports that even though gas prices have pulled back, futures are up over where they were a year ago. For the past 33 days, retail gas prices have climbed, she reports, and the national average is $3.75/gallon.

  • Energy Rally: Refiners Win, Consumers Lose Wednesday, 6 Feb 2013 | 2:32 PM ET

    U.S. refiners are the clear winners in the recent rally--but at consumers' expense. If gas prices stay at $3.60 or higher for the rest of the month, it will cost consumers an extra $10 billion in the first quarter.

  • If You Like Hess, You'll Love These Three Instead Wednesday, 30 Jan 2013 | 9:25 AM ET

    These three undervalued oil companies are concentrating on growing their production of crude oil, just like Hess.

  • *Elliott Associates may nominate directors to Hess board. Jan 28- Hess Corp on Monday announced plans to sell its oil storage terminal network and exit the oil refining business, after activist hedge fund Elliott Associates said it was considering nominating directors to the Hess board.

  • *Hess to close New Jersey refinery. Jan 28- Hess Corp announced plans to sell its oil storage terminal network and exit the oil refining business, after activist hedge fund Elliott Associates said it was considering nominating directors to the Hess board.

  • WASHINGTON, Jan 4- Two influential U.S. senators have asked the Interior Department to examine whether coal companies are dodging hundreds of millions of dollars in royalty payments on lucrative sales to Asia, citing a Reuters investigation into the matter.

  • Target-Date Funds' Popularity Shows in Top 401(k) List Thursday, 13 Dec 2012 | 8:51 AM ET

    The average plan on a list of top 401(k) plans had 4.9 percent of its assets in target-date funds.

  • Midday Movers: HPQ, MRO & More Monday, 10 Dec 2012 | 12:48 PM ET

    Take a look at some of Monday's midday movers:

  • Shares of Marathon rose nearly 3 percent in afternoon New York Stock Exchange trading. The company reported better-than-expected oil and gas production in the Eagle Ford formation in south Texas and the Bakken shale in North Dakota, according to analysts at Houston based energy investment bank Simmons& Co..

  • HOUSTON, Nov 6- EOG Resources Inc plans to spend less on ``money-losing'' natural gas drilling next year, which will result in lower capital expenditures, the company's chief executive said Tuesday. EOG is drilling for pricier crude oil in basins including the Eagle Ford in south Texas and the Bakken in North Dakota while slowing natural gas drilling.

  • Nov 6- Marathon Oil Corp on Tuesday reported an 11 percent increase in quarterly profit as oil and gas production rose. Profit in the third quarter was $450 million, or 63 cents per share, compared with $405 million, or 57 cents per share, in the same quarter a year earlier.

  • CORRECTED-Marathon Oil quarterly profit rises Tuesday, 6 Nov 2012 | 2:00 PM ET

    Profit in the third quarter was $450 million, or 63 cents per share, compared with $405 million, or 57 cents per share, in the same quarter a year earlier.

  • Marathon Oil quarterly profit rises Tuesday, 6 Nov 2012 | 1:33 PM ET

    Profit in the third quarter was $450 million, or 63 cents per share, compared with $393 million, or 56 cents per share, in the same quarter a year earlier.

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