Marathon Oil (MRO) Reports Q4 Loss of $0.48
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Marathon Oil Reports Fourth Quarter and Full-Year 2015 Results
February 17, 2016 4:30 PM ESTHOUSTON, Feb. 17, 2016 (GLOBE NEWSWIRE) --
Marathon Oil Corporation (NYSE: MRO) today reported a full-year 2015 adjusted net loss of $869 million, or $1.28 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 $2,204 million, or $3.26 per diluted share.
Full-Year 2015
Full-year 2015 capital program at $3 billion, $500 million below original budgetAchieved 8% production growth from total Company continuing operations (excluding Libya) and 21% from U.S. resource... More
