Marathon Oil: Q2 Earnings Snapshot
HOUSTON (AP) _ Marathon Oil Corp. (MRO) on Wednesday reported second-quarter net income of $966 million. On a per-share basis, the Houston-based company said it had net income of $1.37. Earnings, adjusted for non-recurring gains, were $1.32 per share. The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.23 per share. The energy company posted revenue of $2.3 billion in the period, also beating Street forecasts. Seven analysts surveyed by Zacks expected $2.1 billion. _____ This story was generated by Automated Insights (http:||automatedinsights.com|ap) using data from Zacks Investment Research. Access a Zacks stock report on MRO at https:||www.zacks.com|ap|MRO
Marathon Oil: Q2 Earnings Snapshot
HOUSTON (AP) _ Marathon Oil Corp. (MRO) on Wednesday reported second-quarter net income of $966 million. On a per-share basis, the Houston-based company said it had net income of $1.37. Earnings, adjusted for non-recurring gains, were $1.32 per share. The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.23 per share. The energy company posted revenue of $2.3 billion in the period, also beating Street forecasts. Seven analysts surveyed by Zacks expected $2.1 billion. _____ This story was generated by Automated Insights (http:||automatedinsights.com|ap) using data from Zacks Investment Research. Access a Zacks stock report on MRO at https:||www.zacks.com|ap|MRO