Marathon Oil (MRO) Tops Q2 EPS by 1c

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Marathon Oil Reports Second Quarter 2020 Results

August 5, 2020 4:30 PM EDT

HOUSTON, Aug. 5, 2020 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) today reported a second quarter 2020 net loss of $750 million, or $0.95 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 $477 million, or $0.60 per diluted share. Net operating cash flow was $9 million, or $86 million before changes in working capital.

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