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HOUSTON (AP) _ Marathon Oil Corp. (MRO) on Wednesday reported a third-quarter loss of $749 million, after reporting a profit in the same period a year earlier.
The Houston-based company said it had a loss of $1.11 per share. Losses, adjusted for non-recurring costs, came to 20 cents per share.
The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for a loss of 42 cents per share.
The energy company posted revenue of $1.32 billion in the period.
Marathon Oil shares have declined 31 percent since the beginning of the year, while the Standard & Poor's 500 index has risen 2 percent. In the final minutes of trading on Wednesday, shares hit $19.40, a drop of 42 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MRO at http://www.zacks.com/ap/MRO
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Keywords: Marathon Oil, Earnings Report
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Marathon Oil Corporation
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CODE : MRO |
ISIN : US5658491064 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Marathon Oil est une société d’exploration minière de pétrole basée aux Etats-Unis D'Amerique. Marathon Oil est cotée aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 23,3 milliards US$ (21,0 milliards €). La valeur de son action a atteint son plus bas niveau récent le 13 août 1982 à 0,70 US$, et son plus haut niveau récent le 18 septembre 2024 à 27,43 US$. Marathon Oil possède 849 755 866 actions en circulation. |