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Marathon Oil Corporation North Dakota and Texas hold two of America's hottest oil resources plays. That's why oil companies and investors are flocking to profit from the oil-fueled growth these two states provide. However, those aren't the only two
The exploration and production (E&P) company reported earnings of $0.60 a share, which missed analysts' estimates of $0.708 per share by $0.108. Revenues for the quarter were $3.18 billion, which missed estimates of 24 analysts by $470 million.
Marathon Oil Corp. said U.S. oil production increased primarily from operations at the Eagle Ford shale play in southern Texas and similar basins. Marathon Oil President and Chief Executive Officer Lee Tillman said his company's "sharp focus" on
reported its fourth-quarter results after the market closed today, and the company delivered a fourth-quarter profit of $375 million, or $0.54 per share. That was up from last year's fourth-quarter results, when the company reported a profit of $322
ET Marathon Oil Corp. reported lower fourth-quarter sales volume, though the crude oil and natural gas producer's bottom line grew 16% due to fewer income tax provisions. The company had generally posted higher production in recent periods, boosting
Department of Transportation said its inquiry into the transport of Bakken crude oil found some of it wasn't classified properly for rail transit. The department's Pipeline and Hazardous Materials Safety Administration published the first results
During a recent lunch in a restaurant, someone complimented my wife on the perfume she was wearing. I was wholly unaware that she was wearing perfume, even though we had been in a car together for about half an hour, driving to the restaurant. My
In learning about the tycoons who built America (there's a great series on the History Channel about this), it is clear that what turned out to be some of the gutsiest moves in business history could easily have been disastrous mistakes...Or evidence
What you might want to pay attention to, however, is the impact temperatures reaching 60-below zero can have on oil and natural gas production of companies you are invested in...Of those three, Continental is likely the most worried given their
The oil ministers from Saudi Arabia, Iraq, and Kuwait last month all noted that increased U.S. oil production wouldn't be enough to overcome production losses in Iran and Libya. In fact, the Saudi oil minister went so far as to say that the reason U.