Marathon Oil Reports Second Quarter 2018 Results

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Marathon Oil (MRO) Misses Q2 EPS by 5c, Revenues Miss

August 1, 2018 4:50 PM EDT

Marathon Oil (NYSE: MRO) reported Q2 EPS of $0.15, $0.05 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $1.42 billion versus the consensus estimate of $1.46 billion.

"Another quarter of outstanding operational execution across our multi-basin U.S. portfolio has driven better than expected production in the resource plays, and has enabled us to raise our annual... More