Marathon Oil Reports First Quarter 2020 Results

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Marathon Oil (MRO) Misses Q1 EPS by 2c

May 6, 2020 5:15 PM EDT

Marathon Oil (NYSE: MRO) reported Q1 EPS of ($0.16), $0.02 worse than the analyst estimate of ($0.14). Revenue for the quarter came in at $1.23 billion versus the consensus estimate of $1.06 billion.

Guidance

In light of the substantial change to global commodity prices and the macro environment, the Company has withdrawn previously provided... More