Marathon Oil (MRO) Tops Q4 EPS by 23c

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Marathon Oil Announces 2022 Capital Budget and Reports Fourth Quarter and Full Year 2021 Results

February 16, 2022 4:16 PM EST

HOUSTON, Feb. 16, 2022 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) reported fourth quarter 2022 net income of $649 million, or $0.84 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 income was $592 million, or $0.77 per diluted share. Net operating cash flow was $1,146 million, or $1,101 million before changes in working capital.

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