Goodwill

Survey: BP Spill Tarring Energy Industry

The public’s perception of the energy industry overall has declined more than 10% in the last six months, according to a recent survey that attributes the drop to the blowout of BP’s Macondo well in the Gulf of Mexico (GOM), which has caused the nation’s worst environmental disaster.

July 5, 2010

Survey: BP Spill Tarring Energy Industry

The public’s perception of the energy industry overall has declined more than 10% in the last six months, according to a recent survey that attributes the drop to the blowout of BP’s Macondo well in the Gulf of Mexico (GOM), which has caused the nation’s worst environmental disaster.

June 29, 2010

Marathon Books 4Q Loss, Plans to Keep Company Whole

Following the absorption of a noncash $1.4 billion impairment of goodwill related to its Oil Sands Mining segment, Marathon Oil Corp. reported Tuesday a 4Q2008 net loss of $41 million, or minus 6 cent/share, compared with net income in 4Q2007 of $668 million, or 94 cents/share. Marathon’s management also announced that due to the current economic recession the company has shelved its plans to divide its operations into two separate entities.

February 4, 2009