Chron.com (blog) | Marathon Oil plans 29% spending cut, posts loss Chron.com (blog) The move would keep Marathon's 2016 production levels even with the rate it pumps oil and gas at the end of this year. “We're maximizing capital allocation to the highest return opportunities in the U.S. resource plays,” Tillman said. The Houston oil ... Marathon Oil Posts Third-Straight Quarterly Loss Amid Oil Slump -- UPDATE 1-Marathon Oil has third-quarter loss as low oil prices hurt Marathon Oil Reports Third Quarter 2015 Results |