Marathon Oil Corporation (NYSE:MRO) Q4 2023 Earnings Conference Call February 22, 2024 9:00 AM ET Company Participants Guy Baber - Vice President, Investor Relations Lee Tillman - Chairman, President and Chief Executive Officer Dane Whitehead - Executive Vice President and Chief Financial Officer Mike Henderson - Executive Vice President, Operations Pat Wagner - Executive Vice President, Corporate Development and Strategy Conference Call Participants Arun Jayaram - JP Morgan Chase Neal Dingmann - Truist Sec ...

Marathon Oil (MRO) reported $1.69 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 2.4%. EPS of $0.69 for the same period compares to $0.88 a year ago.The reported revenue represents a surprise of +1.95% over the Zacks Consensus Estimate of $1.66 billion. With the consensus EPS estimate being $0.62, the EPS surprise was +11.29%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...

Marathon Oil (MRO) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.88 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.29%. A quarter ago, it was expected that this energy company would post earnings of $0.69 per share when it actually produced earnings of $0.77, delivering a surprise of 11.59%.Over the last four quarters, the compa ...

Marathon Oil Announces 2024 Capital Budget and Reports Fourth Quarter and Full-Year 2023 Results Delivered $1.7 Billion of Shareholder Returns and $500 Million of Gross Debt Reduction HOUSTON, Feb. 21, 2024 - Marathon Oil Corporation (NYSE: MRO) reported full-year 2023 net income of $1,554 million, or $2.56 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 $ ...

Marathon Oil Announces 2024 Capital Budget and Reports Fourth Quarter and Full-Year 2023 Results Delivered $1.7 Billion of Shareholder Returns and $500 Million of Gross Debt Reduction HOUSTON, Feb. 21, 2024 - Marathon Oil Corporation (NYSE: MRO) reported full-year 2023 net income of $1,554 million, or $2.56 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 $ ...

Marathon Oil Corporation (MRO) is set to release fourth-quarter results on Feb 21. The current Zacks Consensus Estimate for the to-be-reported quarter is a profit of 62 cents per share on revenues of $1.7 billion.Let’s delve into the factors that might have influenced the independent oil and gas producer’s performance in the December quarter. But it’s worth taking a look at MRO’s previous-quarter results first.Highlights of Q3 Earnings & Surprise HistoryIn the last reported quarter, the Houston, TX-based up ...

Key PointsOil stocks are getting bullish signals from all directions: macro trends, investment banks, and even analyst ratings.Marathon shows you the best upside and growth potential, even above Buffett's Occidental.Marathon's story grows, and its growth trumps oil's upside. Do yourself a favor and consider MRO stock.5 stocks we like better than CME GroupNot all stocks are created equal, and this year energy stocks could quickly become the market's favorite. A once-in-a-cycle opportunity to line up your por ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Marathon Oil (MRO) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 21. ...

In the latest market close, Marathon Oil (MRO) reached $22.65, with a +0.89% movement compared to the previous day. The stock's performance was ahead of the S&P 500's daily loss of 0.1%. On the other hand, the Dow registered a gain of 0.33%, and the technology-centric Nasdaq decreased by 0.3%.Heading into today, shares of the energy company had lost 4.06% over the past month, lagging the Oils-Energy sector's gain of 1.15% and the S&P 500's gain of 5.78% in that time.The investment community will be paying c ...

Marathon Oil (MRO) closed the latest trading day at $22.32, indicating a -0.62% change from the previous session's end. The stock fell short of the S&P 500, which registered a loss of 0.32% for the day. On the other hand, the Dow registered a loss of 0.71%, and the technology-centric Nasdaq decreased by 0.2%.The energy company's shares have seen a decrease of 7.91% over the last month, not keeping up with the Oils-Energy sector's loss of 2.12% and the S&P 500's gain of 4.59%.Investors will be eagerly watchi ...