{"id":519385,"date":"2021-07-28T16:34:01","date_gmt":"2021-07-28T20:34:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/marathon-oil-corporation-declares-second-quarter-2021-dividend\/"},"modified":"2021-07-28T16:34:01","modified_gmt":"2021-07-28T20:34:01","slug":"marathon-oil-corporation-declares-second-quarter-2021-dividend","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/marathon-oil-corporation-declares-second-quarter-2021-dividend\/","title":{"rendered":"Marathon Oil Corporation Declares Second Quarter 2021 Dividend"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">HOUSTON<\/span>, <span class=\"xn-chron\">July 28, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0Marathon Oil Corporation (NYSE: MRO) announced today that the Company&#8217;s board of directors has declared a dividend of <span class=\"xn-money\">5 cents<\/span> per share on Marathon Oil Corporation common stock. This represents an increase from the Company&#8217;s last quarterly base dividend payment of <span class=\"xn-money\">4 cents<\/span> per share. The dividend is payable on <span class=\"xn-chron\">September 10, 2021<\/span>, to stockholders of record on <span class=\"xn-chron\">August 18, 2021<\/span>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/710626\/Marathon_Oil_Corporation_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/710626\/Marathon_Oil_Corporation_Logo.jpg\" title=\"(PRNewsfoto\/Marathon Oil Corporation)\" alt=\"(PRNewsfoto\/Marathon Oil Corporation)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>&#8220;We are pleased to announce an increase to our quarterly base dividend for the second time this year,&#8221; said Chairman, President\u00a0and CEO <span class=\"xn-person\">Lee Tillman<\/span>. &#8220;We remain fully committed to a transparent capital allocation model that prioritizes free cash flow generation, a strong balance sheet, a low enterprise free cash flow breakeven, and returning significant capital back to our investors. Paying a competitive and sustainable base dividend is a key component of our capital allocation framework, and this 25% dividend increase underscores our commitment to returning an increasing amount of capital to our shareholders.&#8221;<\/p>\n<p>For more information on Marathon Oil Corporation, visit the Company&#8217;s website at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3242694-1&amp;h=3832294396&amp;u=https%3A%2F%2Fwww.marathonoil.com%2F&amp;a=https%3A%2F%2Fwww.marathonoil.com\" rel=\"nofollow noopener\">https:\/\/www.marathonoil.com<\/a>.<\/p>\n<p>\n        <i>Forward-Looking Statements<br \/><\/i><br \/>\n        <i>This release contains forward-looking statements. All statements, other than statements of historical fact, including, without limitation, statements regarding the Company&#8217;s future capital allocation, expected free cash flow, return of capital to investors and other future performance, are forward-looking statements. Words such as &#8220;anticipate,&#8221; &#8220;believe,&#8221; &#8220;continue,&#8221; &#8220;could,&#8221; &#8220;estimate,&#8221; &#8220;expect,&#8221; &#8220;forecast,&#8221; &#8220;future,&#8221; &#8220;guidance,&#8221; &#8220;intend,&#8221; &#8220;may,&#8221; &#8220;outlook,&#8221; &#8220;plan,&#8221; &#8220;positioned,&#8221; &#8220;project,&#8221; &#8220;seek,&#8221; &#8220;should,&#8221; &#8220;target,&#8221; &#8220;will,&#8221; &#8220;would,&#8221; or similar words may be used to identify forward-looking statements; however, the absence of these words does not mean that the statements are not forward-looking. While the Company believes its assumptions concerning future events are reasonable, a number of factors could cause actual results to differ materially from those projected, including, but not limited to: conditions in the oil and gas industry, including supply\/demand levels for crude oil and condensate, NGLs and natural gas and the resulting impact on price; changes in expected reserve or production levels; changes in political or economic conditions in the U.S. and\u00a0Equatorial Guinea, including changes in foreign currency exchange rates, interest rates, and inflation rates; actions taken by the\u00a0members of the Organization of the Petroleum Exporting Countries and\u00a0Russia\u00a0affecting\u00a0the production and pricing of crude oil; other global and domestic political, economic or diplomatic developments; capital available for exploration and development; risks related to the Company&#8217;s hedging activities; voluntary or involuntary curtailments, delays or cancellations of certain drilling activities; well production timing; liability resulting from litigation; drilling and operating risks; lack of, or disruption in, access to storage capacity, pipelines or other transportation methods; availability of drilling rigs, materials and labor, including the costs associated therewith; difficulty in obtaining necessary approvals and permits; non-performance by third parties of contractual obligations; unforeseen hazards such as weather conditions, a health pandemic (including COVID-19), acts of war or terrorist acts and the government or military response thereto; cyber-attacks; changes in safety, health, environmental, tax and other regulations, requirements or initiatives, including initiatives addressing the impact of global climate change, air emissions, or water management; other geological, operating and economic considerations; and the risk factors, forward-looking statements and\u00a0challenges and uncertainties described in the Company&#8217;s 2020 Annual Report on Form 10-K and other public filings and press releases, available at\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3242694-1&amp;h=1287708508&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D3114253-1%26h%3D2695067206%26u%3Dhttps%253A%252F%252Fc212.net%252Fc%252Flink%252F%253Ft%253D0%2526l%253Den%2526o%253D2877643-1%2526h%253D1043569571%2526u%253Dhttps%25253A%25252F%25252Fir.marathonoil.com%25252F%2526a%253Dhttps%25253A%25252F%25252Fir.marathonoil.com%26a%3Dhttps%253A%252F%252Fir.marathonoil.com&amp;a=https%3A%2F%2Fir.marathonoil.com\" rel=\"nofollow noopener\">https:\/\/ir.marathonoil.com<\/a>\/.\u00a0Except as required by law, the Company undertakes no obligation to revise or update\u00a0any forward-looking statements as a result of new information, future events or otherwise.<\/i>\n      <\/p>\n<p>Media Relations Contact:<br \/><span class=\"xn-person\">Rebecca Skiba<\/span>: 713-296-2584<\/p>\n<p>Investor Relations Contacts:<br \/><span class=\"xn-person\">Guy Baber<\/span>: 713-296-1892<br \/><span class=\"xn-person\">John Reid<\/span>: 713-296-4380<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CL58066&amp;sd=2021-07-28\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/marathon-oil-corporation-declares-second-quarter-2021-dividend-301343632.html\">https:\/\/www.prnewswire.com\/news-releases\/marathon-oil-corporation-declares-second-quarter-2021-dividend-301343632.html<\/a><\/p>\n<p>SOURCE  Marathon Oil Corporation<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CL58066&amp;Transmission_Id=202107281630PR_NEWS_USPR_____CL58066&amp;DateId=20210728\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire HOUSTON, July 28, 2021 \/PRNewswire\/ &#8212;\u00a0Marathon Oil Corporation (NYSE: MRO) announced today that the Company&#8217;s board of directors has declared a dividend of 5 cents per share on Marathon Oil Corporation common stock. This represents an increase from the Company&#8217;s last quarterly base dividend payment of 4 cents per share. The dividend is payable on September 10, 2021, to stockholders of record on August 18, 2021. &#8220;We are pleased to announce an increase to our quarterly base dividend for the second time this year,&#8221; said Chairman, President\u00a0and CEO Lee Tillman. &#8220;We remain fully committed to a transparent capital allocation model that prioritizes free cash flow generation, a strong balance sheet, a low enterprise free cash flow breakeven, and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/marathon-oil-corporation-declares-second-quarter-2021-dividend\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Marathon Oil Corporation Declares Second Quarter 2021 Dividend&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-519385","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Marathon Oil Corporation Declares Second Quarter 2021 Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/marathon-oil-corporation-declares-second-quarter-2021-dividend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Marathon Oil Corporation Declares Second Quarter 2021 Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire HOUSTON, July 28, 2021 \/PRNewswire\/ &#8212;\u00a0Marathon Oil Corporation (NYSE: MRO) announced today that the Company&#8217;s board of directors has declared a dividend of 5 cents per share on Marathon Oil Corporation common stock. This represents an increase from the Company&#8217;s last quarterly base dividend payment of 4 cents per share. The dividend is payable on September 10, 2021, to stockholders of record on August 18, 2021. &#8220;We are pleased to announce an increase to our quarterly base dividend for the second time this year,&#8221; said Chairman, President\u00a0and CEO Lee Tillman. &#8220;We remain fully committed to a transparent capital allocation model that prioritizes free cash flow generation, a strong balance sheet, a low enterprise free cash flow breakeven, and &hellip; Continue reading &quot;Marathon Oil Corporation Declares Second Quarter 2021 Dividend&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/marathon-oil-corporation-declares-second-quarter-2021-dividend\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-07-28T20:34:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/710626\/Marathon_Oil_Corporation_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/marathon-oil-corporation-declares-second-quarter-2021-dividend\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/marathon-oil-corporation-declares-second-quarter-2021-dividend\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Marathon Oil Corporation Declares Second Quarter 2021 Dividend\",\"datePublished\":\"2021-07-28T20:34:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/marathon-oil-corporation-declares-second-quarter-2021-dividend\\\/\"},\"wordCount\":613,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/marathon-oil-corporation-declares-second-quarter-2021-dividend\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/710626\\\/Marathon_Oil_Corporation_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/marathon-oil-corporation-declares-second-quarter-2021-dividend\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/marathon-oil-corporation-declares-second-quarter-2021-dividend\\\/\",\"name\":\"Marathon Oil Corporation Declares Second Quarter 2021 Dividend - 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This represents an increase from the Company&#8217;s last quarterly base dividend payment of 4 cents per share. The dividend is payable on September 10, 2021, to stockholders of record on August 18, 2021. &#8220;We are pleased to announce an increase to our quarterly base dividend for the second time this year,&#8221; said Chairman, President\u00a0and CEO Lee Tillman. &#8220;We remain fully committed to a transparent capital allocation model that prioritizes free cash flow generation, a strong balance sheet, a low enterprise free cash flow breakeven, and &hellip; Continue reading \"Marathon Oil Corporation Declares Second Quarter 2021 Dividend\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/marathon-oil-corporation-declares-second-quarter-2021-dividend\/","og_site_name":"Market Newsdesk","article_published_time":"2021-07-28T20:34:01+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/710626\/Marathon_Oil_Corporation_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/marathon-oil-corporation-declares-second-quarter-2021-dividend\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/marathon-oil-corporation-declares-second-quarter-2021-dividend\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Marathon Oil Corporation Declares Second Quarter 2021 Dividend","datePublished":"2021-07-28T20:34:01+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/marathon-oil-corporation-declares-second-quarter-2021-dividend\/"},"wordCount":613,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/marathon-oil-corporation-declares-second-quarter-2021-dividend\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/710626\/Marathon_Oil_Corporation_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/marathon-oil-corporation-declares-second-quarter-2021-dividend\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/marathon-oil-corporation-declares-second-quarter-2021-dividend\/","name":"Marathon Oil Corporation Declares Second Quarter 2021 Dividend - 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