Company: Marathon Oil Corporation (MRO)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Marathon is an independent exploration and production company primarily focusing on unconventional resources in the United States. At the end of 2023, the company reported net proved reserves of 1.1 billion barrels of oil equivalent. Net production averaged 405 thousand barrels of oil equivalent per day in 2023 at a ratio of roughly 70% oil and NGLs and 30% natural gas. -Morningstar.com-
Symbol: MRO
Recent Price: $26.60
Dividends: $0.44
Yield: 1.65%
Sector: Energy
Industry: Oil & Gas E&P
Address & Company Phone #: 5555 San Felipe St. Houston TX 77056-2723, 713-296-6000
Transfer Agent: Computershare 888-843-5542
Moody’s Rating: Baa3
Minimum & Maximum Investment: $50 – $120,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share or $500
Fees: Div.: 5% of amount invested up to $5 Max Cash: $5+5¢/sh. Cert: $0 Sells: by Mail, Fax or Phone for $15+12¢/sh.
52 Week High & Low: $29.56, $20.57