Moody's: Marathon Oil view stable

Moody's Investors Service said it changed the outlook for Marathon Oil Corp.'s Baa1 long-term debt ratings to stable from negative, following the company's announcement that it would remain a fully integrated energy company.

Marathon said it decided not to pursue a split of the company into separate upstream and downstream operations, which removes any lingering uncertainty, according to the agency.

The Baa1 long-term debt and Prime-2 commercial paper ratings are well-positioned from an operational, financial leverage and liquidity perspective, all of which support a stable outlook, the agency noted.

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