Marathon Oil Corporation

NYSE:MRO   12:39:55 PM EDT
16.64
+0.46 (+2.81%)
Debt Financing / Related, Earnings Announcements

Marathon Oil Announces $500 Million Gross Debt Reduction

Published: 03/30/2021 21:38 GMT
Marathon Oil Corporation (MRO) - Marathon Oil Announces $500 Million Gross Debt Reduction.
Marathon Oil Corp - Sent Notice of Intention to Fully Redeem Currently Outstanding $500 Million of 2.8% Senior Notes Due 2022 on April 29, 2021.
Marathon Oil Corp - Transaction Will Reduce Gross Debt by $500 Million and Annual Cash Interest Expense by $14 Million.
Revenue is expected to be $1.29 Billion
Adjusted EPS is expected to be $0.30

Next Quarter Revenue Guidance is expected to be $1.36 Billion
Next Quarter EPS Guidance is expected to be $0.39

More details on our Analysts Page.