| Marathon Oil misses 3Q profit forecasts | |
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HOUSTON (AP) _ Marathon Oil Corp. (MRO) on Monday reported net income of $431 million in its third quarter.
On a per-share basis, the Houston-based company said it had net income of 64 cents. Earnings, adjusted for one-time gains and costs, came to 57 cents per share.
The results did not meet Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 58 cents per share.
The energy company posted revenue of $2.97 billion in the period, exceeding Street forecasts. Analysts expected $2.96 billion, according to Zacks.
Marathon Oil shares have dropped 2 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed 9 percent. In the final minutes of trading on Monday, shares hit $34.57, a decline of 2 percent in the last 12 months.
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This story was generated by Automated Insights using data from Zacks Investment Research. MRO stock research report from Zacks.
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Keywords:Marathon Oil,Earnings Report
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Marathon Oil Corporation
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CODE : MRO |
ISIN : US5658491064 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Marathon Oil est une société d’exploration minière de pétrole basée aux Etats-Unis D'Amerique. Marathon Oil est cotée aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 23,4 milliards US$ (21,9 milliards €). La valeur de son action a atteint son plus bas niveau récent le 13 août 1982 à 0,70 US$, et son plus haut niveau récent le 24 avril 2024 à 27,53 US$. Marathon Oil possède 849 755 866 actions en circulation. |