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

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

February 22, 2021 4:32 PM EST

HOUSTON, Feb. 22, 2021 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) reported a fourth quarter 2020 net loss of $338 million, or $0.43 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 $98 million, or $0.12 per diluted share. Net operating cash flow was $418 million, or $428 million before changes in working capital.

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