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Marathon Petroleum Corporation is an American petroleum refining, marketing, and transportation company headquartered in Findlay, Ohio. The company was a wholly owned subsidiary of Marathon Oil until a corporate spin-off in 2011.
The stock will then go ex-dividend 1 business day(s) before the record date. Marathon Oil has an ex-dividend date set for for November 17, 2020. The company's current dividend payout is $0.03 ...
ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion. ... ConocoPhillips said that it anticipates raising its ordinary dividend by 34% to 78 cents per ...
ConocoPhillips (NYSE: COP) made a splash on May 29 when it announced an all-stock acquisition of Marathon Oil (NYSE: MRO).The purchase price represents a 14.7% premium to the closing price of ...
In 2011, Marathon completed the corporate spin-off of Marathon Petroleum, distributing a 100% interest to its shareholders. [18] In June 2013, Marathon sold its Angolan oil and gas field to Sinopec for $1.52 billion. [19] In September 2013, Marathon sold a 10% stake in an oil and gas field offshore Angola for $590 million to Sonangol Group. [20]
[2] [3] Marathon purchased patents related to encryption in the 2010s [4] and in 2021 it was known for its purchases of bitcoin [5] and bitcoin mining equipment [6] and a joint venture to use 37 MW from the Hardin Generating Station Montana coal plant to power an adjacently-constructed Marathon bitcoin data center.
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Dividend investing is a tried-and-true strategy for generating strong, steady returns in economies both good and bad. But as corporate America's slew of dividend cuts and suspensions over the past ...