MRO Announces $500 Million Reduction to 2020 Capital Budget, Prioritizing Financial Flexibility and Dividend
- Tuesday, March 10, 2020, 7:03
- Finance
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HOUSTON, March 10, 2020 /PRNewswire/ — In light of the dramatic fall in commodity prices, Marathon Oil (NYSE: MRO) has announced an immediate capital spending reduction of at least $500 million relative to its previously communicated 2020 capital spending budget of $2.4 billion. The…
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