Marathon Oil Announces 2021 Capital Budget and Reports Fourth Quarter and Full Year 2020 Results

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Piper Sandler Reiterates Neutral Rating on Marathon Oil (MRO)

February 23, 2021 7:44 AM EST

Piper Sandler analyst Mark Lear reiterated a Neutral rating and $8.00 price target on Marathon Oil (NYSE: MRO) following the company's 4Q earnings report. MRO reported an adjusted loss of $0.12 for 4Q20, which was ahead of SE at ($0.25) and cns at ($0.20).... More

Marathon Oil (MRO) Tops Q4 EPS by 8c, Revenues Beat

February 22, 2021 4:35 PM EST

Marathon Oil (NYSE: MRO) reported Q4 EPS of ($0.12), $0.08 better than the analyst estimate of ($0.20). Revenue for the quarter came in at $830 million versus the consensus estimate of $838.05 million.

"While 2020 was a challenging year for our industry, I am proud of our many accomplishments, especially our record setting safety performance as we successfully managed through the ongoing COVID-19 pandemic as critical essential... More