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Major Integrated Oil & Gas News
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Marathon cuts 2010 capex by $1B, shares fall 4 pct
Thu 5:44 pm ET (AP)
Marathon Oil will cut capital expenditures by about $1 billion in 2010, the company said Thursday, with a larger percentage of funds going toward exploration and production and a smaller percentage toward its hard-hit refining business.
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| Market Capitalization: | 1,454B | | Price
/ Earnings: | 26.4 | | Price
/ Book: | 1.8 | | Net
Profit Margin (mrq): | 3.4% | | Price
To Free Cash Flow (mrq): | -212.9 | | Return
on Equity: | 7.4% | | Total
Debt / Equity: | 0.0 | | Dividend
Yield: | 3.7% |
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