Marathon Oil (MRO) Reports In-Line Q2 EPS

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Go back to Marathon Oil (MRO) Reports In-Line Q2 EPS

Marathon Oil Reports Second Quarter 2015 Results

August 5, 2015 5:03 PM EDT

HOUSTON, Aug. 5, 2015 (GLOBE NEWSWIRE) -- Marathon Oil Corporation (NYSE: MRO) today reported a second quarter 2015 adjusted net loss of $155 million, or $0.23 per diluted share, excluding the impact of certain items not typically represented in analysts' earnings estimates and that would otherwise affect comparability of results. The reported net loss was $386 million, or $0.57 per diluted share. 

Quarter Highlights

Second quarter capital program at approx. $680 million, down 40% from first quarter; full-year capital program at or below $3.3 billion Total Company net production from continuing operations (excluding Libya) averaged 407,000 net... More