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HOUSTON (AP) _ Marathon Oil Corp. (MRO) on Wednesday reported fourth-quarter net income of $926 million.
On a per-share basis, the Houston-based company said it had net income of $1.37. Losses, adjusted to account for discontinued operations, were 13 cents per share.
The results missed Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share.
The energy company posted revenue of $2.5 billion in the period, surpassing Street forecasts. Analysts expected $2.29 billion, according to Zacks.
For the year, the company reported profit of $3.05 billion, or $4.46 per share. Revenue was reported as $11.26 billion.
Marathon Oil shares have increased roughly 3 percent since the beginning of the year, while the Standard & Poor's 500 index has increased 2 percent. In the final minutes of trading on Wednesday, shares hit $29.02, a decline of 13 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MRO at http://www.zacks.com/ap/MRO
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Keywords: Marathon Oil, Earnings Report
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Marathon Oil Corporation
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CODE : MRO |
ISIN : US5658491064 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Marathon Oil est une société d’exploration minière de pétrole basée aux Etats-Unis D'Amerique. Marathon Oil est cotée aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 23,6 milliards US$ (22,1 milliards €). La valeur de son action a atteint son plus bas niveau récent le 13 août 1982 à 0,70 US$, et son plus haut niveau récent le 25 avril 2024 à 27,78 US$. Marathon Oil possède 849 755 866 actions en circulation. |