HOUSTON, Feb. 29, 2024 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today that Rob L. White has been promoted to Executive Vice President and Chief Financial Officer, effective May 1, 2024, and that Zach Dailey, Vice President, Internal Audit, will succeed Mr. White as Vice President, Controller and Chief Accounting Officer, effective May 1, 2024. Mr. White will replace Dane Whitehead, who informed the Company of his intention to retire from Marathon Oil effective July 1, 2024, following m ...

Marathon Oil Corporation (MRO) reported fourth-quarter 2023 adjusted net income per share of 69 cents, beating the Zacks Consensus Estimate of 62 cents. The outperformance reflects strong domestic oil and gas production.However, the company’s bottom line fell from the year-ago adjusted profit of 88 cents due to weaker oil realizations.The company reported revenues of $1.7 billion, which came 2% above the consensus mark but fell 2.4% from the year-ago sales. Marathon Oil Corporation Price, Consensus and EPS ...

FOURTH QUARTER 2023 RESULTS AND 2024 OUTLOOK Forward-Looking Statements and Other Matters This presentation (and oral statements made regarding the subjects of this presentation) contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These are statements, other than statements of historical fact, that give current expectations or forecasts of future events, including, without limitation: the Company’s future ...

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 ...

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 Commission file number 1-1513 Marathon Oil Corporation (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or org ...

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 $1,587 million, or $2.61 per diluted share. Net operating cash flow was $4,087 million, or $4,187 ...

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 ...