New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 2, 2014
05:04 EDTMROMarathon Oil to sell Norway business for $2.7B
Marathon Oil announced that it has entered into a definitive agreement with Det norske oljeselskap ASA under which Det norske will purchase Marathon Oil's wholly owned subsidiary, Marathon Oil Norge AS, for a total transaction value of $2.7B. After adjustment for debt, net working capital and interest on the net purchase price, Marathon Oil expects net proceeds of approximately $2.1B at closing. The effective date of the transaction is Jan. 1. The companies expect to close the transaction in Q4. The sale includes the Marathon Oil-operated Alvheim floating production, storage and offloading vessel, 10 Company-operated licenses and a number of non-operated licenses on the Norwegian Continental Shelf in the North Sea. FY13 net production in Norway averaged approximately 80,000 barrels of oil equivalent per day.
News For MRO From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
August 27, 2015
11:30 EDTMROStocks with call strike movement; MU MRO
Subscribe for More Information
August 24, 2015
16:23 EDTMROOn The Fly: Top stock stories for Monday
Subscribe for More Information
09:45 EDTMROOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
07:19 EDTMROMarathon Oil downgraded to Neutral from Buy at BofA/Merrill
Subscribe for More Information
August 21, 2015
12:22 EDTMROChanos say still short Exploration & Production space
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use