On Tuesday, Shares of Marathon Oil Corporation (NYSE:MRO), subtract -4.07% and closed at $15.08 in the last trading session. The last trading range of the stock ranges between $14.92 and $15.65. The company’s Market capitalization is $12.91 Billion with the total Outstanding Shares of 847.26 million. During the 52-week trading session the minimum price at which share price traded, registered at $6.52 and reached to max level of $20.09. Marathon Oil Corporation operates as an energy company. It operates through three segments: North America E&P, International E&P, and Oil Sands Mining. The North America E&P segment develops, explores for, produces, and markets crude oil and condensate, natural gas liquids, and natural gas in North America. The International Exploration and Production segment explores for, produces, and markets crude oil and condensate, natural gas liquids, and natural gas in Equatorial Guinea, Gabon, the Kurdistan Region of Iraq, Libya, and the United Kingdom; and produces and markets products manufactured from natural gas, such as liquefied natural gas and methanol in Equatorial Guinea. The Oil Sands Mining segment mines, extracts, and transports bitumen from oil sands deposits in Alberta and Canada; and upgrades the bitumen to produce and market synthetic crude oil and vacuum gas oil. As of December 31, 2015, it had rights to take part in developed and undeveloped leases totaling about 32,000 net acres.
Newmont Mining Corp (NYSE:NEM), dropped -0.62% and closed at $33.85 in the last trading session. The last trading range of the stock ranges between $33.29 and $34.44. During the 52-week trading session the minimum price at which share price traded, registered at $16.05 and reached to max level of $46.07. Newmont Mining Corporation (NEM) (Newmont or the Company) has designated practiced miner Andrew Woodley to lead the Company’s North America business starting on January 2, 2017. Mr. Woodley succeeds Tom Kerr who stepped down from Newmont after 32 years of distinguished service to the Company.
“Andrew is an accomplished operations and business leader with more than 20 years’ experience driving improvements in safety, productivity and sustainability,” said Tom Palmer, Executive Vice President and Chief Operating Officer. “His broad leadership experience delivering step-change improvements in mining, minerals processing and project development make him the right leader to build on our North America region’s strong performance, and to deliver our strategy – which is to improve the underlying business, strengthen the portfolio and create value for shareholders and other stakeholders.”