Navigate this market better. Subscribe for FREE stock alerts and information.

Thursday, January 13, 2011

FACTBOX-Key asset split in Marathon's two companies, (NYSE: MRO)

Marathon Oil Corp (MRO.N) announced plans on Thursday to split into two companies -- one focused on exploration and production, while the other will put its refining, marketing, retail and pipeline operations into a stand-alone company. [ID:nN13266904] <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ Graphic: Marathon share price performance versus S&P energy and refining indexes:

Source