![]() Achieved outstanding full year 2022 and fourth quarter financial and operational results.Executed $2.8 billion of share repurchases, driving a 15% reduction to outstanding share count, including $280 million during fourth quarter. ![]() ![]() Delivered total shareholder returns of $3.0 billion, representing a distribution yield of 17% on current market capitalization, including $338 million during fourth quarter.Returned 55% of adjusted CFO to shareholders in 2022 (75% of adjusted FCF), significantly exceeding minimum 40% Return of Capital Framework commitment.Free cash flow was $794 million, and adjusted FCF was $763 million. Net operating cash flow was $1,127 million, and adjusted CFO was $1,104 million. Adjusted net income was $563 million, or $0.88 per diluted share. Marathon Oil reported fourth quarter 2022 net income of $525 million, or $0.82 per diluted share, which includes the impact of certain items not typically represented in analysts' earnings estimates and that would otherwise affect comparability of results.
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