Marathon Oil Corp (MRO)
NYSE NYSE Primary 
BVL 
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Marathon Oil (MRO) Stocks Up 8.4% on Buyout Deal by Conoco
Shares of Marathon Oil (MRO) shoot up on the announcement of a $22.5 billion buyout deal by ConocoPhillips (COP).
Options Traders Respond to Billion-Dollar Oil Buyout
ConocoPhillips (NYSE:COP) announced it will buy Marathon Oil Corp (NYSE:MRO) for $22.5 billion, with the deal expected to close in the fourth quarter.
Marathon Oil Often Leads In Cost Progress
Marathon Oil reduces per foot costs and increases initial flow rate, leading to lower well breakeven point and higher profitability. Management front loads capital budget, and has significant natural gas production. It is important to bring natural gas production online for the winter heating season. Despite the change in net income, adjusted cash flow from operating activities held up rather well for Marathon Oil.
