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 ...

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) 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 ...

Thomas Barwick I published my ‘Strong Buy’ thesis for Emerson (NYSE:EMR) in May 2024, indicating the company’s transition into a stronger growth industrial technology company with a focus on software, control, sustainability, decarbonization and energy transitions. The company released its Q3 result on August 7, showing only 3% organic revenue and order growth. The stock price took a hit after the earnings due to the weakness in maintenance, repair, and operations ("MRO") and discrete automation orders. ...

Marathon Oil Corporation (MRO) reported second-quarter 2024 adjusted net income per share of 63 cents, missing the Zacks Consensus Estimate of 67 cents. The underperformance reflects higher costs and tepid production numbers.However, the company’s bottom line rose from the year-ago adjusted profit of 48 cents due to higher commodity price realizations.The company reported revenues of $1.7 billion, which came $15 million above the consensus mark and rose 12.8% from the year-ago sales.Investors should know th ...

Marathon Oil (MRO) shareholder Martin Siegel has filed a lawsuit to stall the proposed acquisition of the company by ConocoPhillips (COP) , one of the largest exploration and production companies globally. The investor argued that the proposed acquisition deal significantly undervalues Marathon.The acquisition was announced in May 2024, with ConocoPhillips agreeing to buy Marathon for approximately $22.5 billion. The price includes $5.4 billion of net debt. Siegel stated that the shareholders of Marathon co ...

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 June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 990 Town and Country Boulevard, Houston, Texas 77024-2217 (Address of principal executive offices) (713) 629-6600 (Registrant's telephone number, including area code) Securities registered p ...

Marathon Oil (MRO) came out with quarterly earnings of $0.63 per share, missing the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.48 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -5.97%. A quarter ago, it was expected that this energy company would post earnings of $0.52 per share when it actually produced earnings of $0.55, delivering a surprise of 5.77%. Over the last four quarters, the comp ...

Marathon Oil Reports Second Quarter 2024 Results HOUSTON, Aug. 7, 2024 - Marathon Oil Corporation (NYSE: MRO) reported second quarter 2024 net income of $349 million or $0.62 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 $357 million or $0.63 per diluted share. Net operating cash flow was $1,088 million or $1,028 million before changes in working capital ...

HOUSTON, Aug. 7, 2024 /PRNewswire/ -- - Marathon Oil Corporation (NYSE: MRO) reported second quarter 2024 net income of $349 million or $0.62 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 $357 million or $0.63 per diluted share. Net operating cash flow was $1,088 million or $1,028 million before changes in working capital (adjusted CFO). HIGHLIGHTS Secon ...