Marathon Oil (MRO) Misses Q1 EPS by 2c

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Marathon Oil Reports First Quarter 2020 Results

May 6, 2020 5:05 PM EDT

HOUSTON, May 6, 2020 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) today reported a first quarter 2020 net loss of $(46) million, or $(0.06) per diluted share, which includes the impact of certain items not typically represented in analysts' earnings estimates and that would otherwise affect comparability of results. The adjusted net loss was $(125) million, or $(0.16) per diluted share. Net operating cash flow was $701 million, or $550 million before changes in working capital.

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