"HOUSTON, Sept. 10, 2013 (GLOBE NEWSWIRE) -- Marathon Oil Corporation (NYSE: MRO) today announced it is moving forward with plans to repurchase $1 billion of the Company's common stock...Unrelated to the share repurchase, the Company also announced an intent to sell its interest in Block 32 offshore Angola for approximately $590 million and the acquisition of approximately 4,800 net acres in the core of its south Texas Eagle Ford position for approximately $97 million, including carried interest of approximately $23 million."
This underlines MRO's commitment to the EFS but the purchase price looks quite cheap.
"HOUSTON, Sept. 10, 2013 (GLOBE NEWSWIRE) -- Marathon Oil...
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Last
80.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $384.5M | |||
| Open | High | Low | Value | Volume |
| 80.5¢ | 81.5¢ | 80.0¢ | $1.154M | 1.436M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 89229 | 80.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 81.5¢ | 32117 | 3 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| FFM (ASX) Chart |