Marathon Oil Corporation Declares Second Quarter 2022 Dividend

Rhea-AI Summary

Marathon Oil Corporation (NYSE: MRO) has announced a dividend of 8 cents per share, payable on September 12, 2022. This dividend is intended for stockholders on record as of August 17, 2022. This decision reflects the company's commitment to returning value to its shareholders, signaling financial stability. The company continues to navigate the energy market, showcasing confidence in its ongoing operations.

Positive

• Dividend of 8 cents per share announced, indicating financial stability.
• Dividend payable on September 12, 2022, reflects commitment to shareholder returns.

Negative

• None.

HOUSTON, July 27, 2022 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today that the Company's board of directors has declared a dividend of 8 cents per share on Marathon Oil Corporation common stock. The dividend is payable on September 12, 2022, to stockholders of record on August 17, 2022.

For more information on Marathon Oil Corporation, visit the Company's website at https://www.marathonoil.com.

Media Relations Contact:
Kathy Sauvé, 713-296-3915

Investor Relations Contacts:
Guy Baber: 713-296-1892
John Reid: 713-296-4380

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SOURCE Marathon Oil Corporation

FAQ

What is the dividend amount declared by Marathon Oil (MRO)?

Marathon Oil has declared a dividend of 8 cents per share.

When is the dividend payable for Marathon Oil (MRO)?

The dividend is payable on September 12, 2022.

What is the record date for the Marathon Oil (MRO) dividend?

The record date for the dividend is August 17, 2022.

How often does Marathon Oil (MRO) pay dividends?

Marathon Oil typically pays dividends quarterly, subject to board approval.