Marathon Oil Corporation (NYSE: MRO) announced today that the Company's board of directors has declared a dividend of 21 cents per share on Marathon Oil Corporation common stock. The dividend is payable on March 10, 2015, to stockholders of record on Feb. 18, 2015.

For more information on Marathon Oil Corporation, visit the Company's website at http://www.marathonoil.com.

CONTACT: Media Relations Contacts:
         Lee Warren: 713-296-4103
         Lisa Singhania: 713-296-4101
         
         Investor Relations Contact:
         Chris Phillips: 713-296-3213
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