Marathon Oil Schedules Second Quarter 2024 Earnings Release

Rhea-AI Summary

Marathon Oil (NYSE: MRO) has announced the schedule for its second quarter 2024 earnings release. The company plans to issue the report on Wednesday, August 7, 2024, after the close of U.S. financial markets. Notably, Marathon Oil will not conduct a second quarter earnings conference call or webcast due to the pending merger with ConocoPhillips. This decision marks a departure from the typical earnings release process, likely influenced by the ongoing merger proceedings.

Positive

• Timely announcement of earnings release date, maintaining transparency with investors
• Pending merger with ConocoPhillips, potentially indicating strategic growth opportunities

Negative

• No earnings conference call or webcast, limiting direct communication with investors
• Potential uncertainty for shareholders due to the pending merger

HOUSTON, July 17, 2024 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today it plans to issue its second quarter 2024 earnings release on Wednesday, Aug. 7, after the close of U.S. financial markets.

Due to the pending merger with ConocoPhillips, Marathon Oil will not conduct a second quarter earnings conference call or webcast.

About Marathon Oil 
Marathon Oil Corporation (NYSE: MRO) is an independent oil and gas exploration and production (E&P) company focused on four of the most competitive resource plays in the U.S. - Eagle Ford, Texas; Bakken, North Dakota; STACK and SCOOP in Oklahoma; and Permian in New Mexico and Texas, complemented by a world-class integrated gas business in Equatorial Guinea.

Marathon Oil's Framework for Success is founded in a strong balance sheet, ESG excellence and the competitive advantages of a multi-basin portfolio. For more information, please visit www.marathonoil.com  

Media Relations Contact: 
Karina Brooks: 713-296-2191 

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

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SOURCE Marathon Oil Corporation

FAQ

When will Marathon Oil (MRO) release its Q2 2024 earnings?

Marathon Oil (MRO) will release its second quarter 2024 earnings on Wednesday, August 7, 2024, after the close of U.S. financial markets.

Will Marathon Oil (MRO) hold an earnings call for Q2 2024?

No, Marathon Oil (MRO) will not conduct a second quarter earnings conference call or webcast due to the pending merger with ConocoPhillips.

Why isn't Marathon Oil (MRO) holding an earnings call for Q2 2024?

Marathon Oil (MRO) is not holding an earnings call for Q2 2024 due to the pending merger with ConocoPhillips.

What is the significance of Marathon Oil's (MRO) merger with ConocoPhillips?

The pending merger between Marathon Oil (MRO) and ConocoPhillips is a significant corporate event that could impact the company's future operations, strategy, and shareholder value.