Marathon Oil(MRO)
Search documents
Marathon Q3 Earnings Beat Estimates Even as Oil Prices Drop
ZACKS· 2024-11-15 18:50
Marathon Oil Corporation (MRO) reported third-quarter 2024 adjusted net income per share of 64 cents, beating the Zacks Consensus Estimate of 61 cents. The outperformance reflects better than expected domestic production numbers.However, the company’s bottom line fell from the year-ago adjusted profit of 77 cents due to lower commodity price realizations in its primary ‘U.S. E&P’ segment and higher costs.The company reported revenues of $1.8 billion, which came $82 million above the consensus mark but dropp ...
Marathon Oil (MRO) Tops Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-06 23:45
Marathon Oil (MRO) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.77 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.92%. A quarter ago, it was expected that this energy company would post earnings of $0.67 per share when it actually produced earnings of $0.63, delivering a surprise of -5.97%.Over the last four quarters, the compan ...
Marathon Oil(MRO) - 2024 Q3 - Quarterly Report
2024-11-06 21:45
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission file number 1-5153 Marathon Oil Corporation (Exact name of registrant as specified in its charter) Delaware 25-0996816 (State or ...
Marathon Oil(MRO) - 2024 Q3 - Quarterly Results
2024-11-06 21:35
| --- | --- | |------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------| | | | | | | | Marathon Oil Reports Third Quarter 2024 Result ...
Marathon Oil Reports Third Quarter 2024 Results
Prnewswire· 2024-11-06 21:30
HOUSTON, Nov. 6, 2024 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) reported third quarter 2024 net income of $287 million or $0.51 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. Adjusted net income was $360 million or $0.64 per diluted share. Net operating cash flow was $1,209 million or $1,042 million before changes in working capital (adjusted CFO).HIGHLIGHTS Third qua ...
Marathon Oil Corporation Declares Third Quarter 2024 Dividend
Prnewswire· 2024-10-30 20:55
HOUSTON, Oct. 30, 2024 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today that the Company's board of directors has declared a dividend of 11 cents per share on Marathon Oil Corporation common stock. The dividend is payable on Dec. 10, 2024, to stockholders of record on Nov. 15, 2024. About Marathon Oil Marathon Oil Corporation (NYSE: MRO) is an independent oil and gas exploration and production (E&P) company focused on four of the most competitive resource plays in the U.S. - Eagle Ford, ...
Earnings Preview: Marathon Oil (MRO) Q3 Earnings Expected to Decline
ZACKS· 2024-10-30 15:07
Marathon Oil (MRO) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on November 6, 2024, might help the stock move higher if these key numbers are better tha ...
Marathon Oil Schedules Third Quarter 2024 Earnings Release
Prnewswire· 2024-10-23 20:30
HOUSTON, Oct. 23, 2024 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today it plans to issue its third quarter 2024 earnings release on Wednesday, Nov. 6, after the close of U.S. financial markets.Due to the pending merger with ConocoPhillips, Marathon Oil will not conduct a third quarter earnings conference call or webcast.About Marathon Oil Marathon Oil (NYSE: MRO) is an independent oil and gas exploration and production (E&P) company focused on four of the most competitive resource plays ...
Woodward Celebrates Completion of Aerospace Maintenance, Repair and Overhaul (MRO) Facility Transformation in Loves Park, Illinois
GlobeNewswire News Room· 2024-09-18 10:00
ROCKFORD, Ill., Sept. 18, 2024 (GLOBE NEWSWIRE) -- This week, Woodward, Inc. (NASDAQ: WWD), a global leader in energy control solutions for aerospace and industrial markets, celebrated the completion of its aerospace Maintenance, Repair and Overhaul (MRO) facility in Loves Park, Illinois. Customers and state and local officials, including State Rep. Joe Sosnowski, Loves Park Mayor Greg Jury and Winnebago County Board Chairman Joseph Chiarelli, joined Woodward leaders and members to commemorate completion of ...
Marathon Oil (MRO) Advances But Underperforms Market: Key Facts
ZACKS· 2024-09-12 23:21
Marathon Oil (MRO) ended the recent trading session at $25.98, demonstrating a +0.35% swing from the preceding day's closing price. The stock's performance was behind the S&P 500's daily gain of 0.75%. Elsewhere, the Dow gained 0.58%, while the tech-heavy Nasdaq added 1%.The energy company's stock has dropped by 6.37% in the past month, falling short of the Oils-Energy sector's loss of 4.12% and the S&P 500's gain of 4.03%.Market participants will be closely following the financial results of Marathon Oil i ...