Marathon (MRO) Q1 Earnings Beat on Oil Price Improvement
MROMarathon Oil(MRO) Zacks Investment Research·2024-05-02 22:51

Marathon Oil Corporation (MRO) reported first-quarter 2024 adjusted net income per share of 55 cents, beating the Zacks Consensus Estimate of 52 cents. The outperformance reflects higher domestic liquids price. However, the company’s bottom line fell from the year-ago adjusted profit of 67 cents due to weaker production numbers. The company reported revenues of $1.7 billion, which came 1.4% below the consensus mark and fell 7.7% from year-ago sales. Marathon Oil Corporation Price, Consensus and EPS Surprise ...