Marathon Oil Announces $2.2 Billion 2020 Development Capital Budget and Reports Fourth Quarter and Full Year 2019 Results

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Go back to Marathon Oil Announces $2.2 Billion 2020 Development Capital Budget and Reports Fourth Quarter and Full Year 2019 Results

Marathon Oil (MRO) Misses Q4 EPS by 3c, Revenues Miss

February 12, 2020 4:35 PM EST

Marathon Oil (NYSE: MRO) reported Q4 EPS of $0.07, $0.03 worse than the analyst estimate of $0.10. Revenue for the quarter came in at $1.22 billion versus the consensus estimate of $1.27 billion.

Marathon Oil reported fourth quarter 2019 net loss of $20 million, or $(0.03) per diluted share, which includes the impact of certain items not typically represented in analysts' earnings estimates and that would otherwise affect comparability of... More