Marathon Oil (MRO) Tops Q1 EPS by 10c

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Go back to Marathon Oil (MRO) Tops Q1 EPS by 10c

Marathon Oil Reports First Quarter 2022 Results

May 4, 2022 4:30 PM EDT

Continuing to Prioritize Return of Capital with $900 Million of YTD Share Repurchases and Fifth Consecutive Base Dividend Raise

HOUSTON, May 4, 2022 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) reported first quarter 2022 net income of $1,304 million, or $1.78 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 $749 million, or $1.02 per diluted share. Net operating cash flow was $1,067 million, or $1,280 million before changes in working capital.

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