Wednesday, June 10, 2026

Marathon Oil Shares Down 7% Due to Management Changes

Management changes spook investors The stock price of Marathon Oil Corp. (ticker: MRO) fell over 7% today as the company announced a number of changes in its senior management. The shakeup includes the exit of the company’s CFO, J.R. Sult, and Marathon’s Vice President of Unconventional Operations, Lance Robertson, according to the company’s press release Monday. The company said Sult’s

Canada Looks to Attract More Chinese Investment by Relaxing Rules

Canada hopes to attract greater foreign investment with lower political risk and a skilled workforce Canadian Finance Minister Bill Morneau said that the country is considering relaxing rules on foreign investment in order to attract more capital and spur growth. Morneau indicated that these loosened policies may even include restrictions on the ability of state-owned enterprises to invest in Canada,