Marathon Oil Announces $2.4 Billion Development Capital Budget for 2019; Reports Fourth Quarter and Full-Year 2018 Results

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Go back to Marathon Oil Announces $2.4 Billion Development Capital Budget for 2019; Reports Fourth Quarter and Full-Year 2018 Results

Marathon Oil (MRO) Reports In-Line Q4 EPS, Revenues Beat

February 13, 2019 4:40 PM EST

Marathon Oil (NYSE: MRO) reported Q4 EPS of $0.15, in-line with the analyst estimate of $0.15. Revenue for the quarter came in at $1.77 billion versus the consensus estimate of $1.42 billion.

Fourth Quarter 2018 ResultsMarathon Oil reported fourth quarter 2018 net income of $390 million, or $0.47 per diluted share. Adjusted net income was $121 million, or $0.15 per diluted share. Net operating cash flow was $855 million, or $787 million before changes in working capital.

"2018 was a year of differentiated execution for Marathon Oil," said Chairman, President and CEO... More