Marathon Oil (MRO) Tops Q3 EPS by 5c; offers guidance

Marathon Oil (NYSE: MRO) reported Q3 EPS of $0.77, $0.05 better than the analyst estimate of $0.72. Revenue for the quarter came in at $1.81 billion versus the consensus estimate of $1.76 billion.

GUIDANCE:

Marathon Oil\'s originally provided 2023 production and capital expenditure (accrued) guidance ranges remain unchanged. For the full year 2023, the Company is trending to the high end of its annual 2023 total oil-equivalent production guidance range, the midpoint of its annual oil production guidance range, and the high end of its annual capital spending guidance range (accrued).

For earnings history and earnings-related data on Marathon Oil (MRO) click here.

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