Marathon OilNYSE: MRO

MRO invested $458 million in capital and exploration costs during the quarter and generated $589 million in adjusted free cash flow.

Marathon Oil (MRO) reported quarterly earnings of $0.64 per share, which is higher than the Zacks Consensus Estimate of $0.61 per share. This is a decrease compared to earnings of $0.77 per share from the same period last year.

On Wednesday, Marathon Oil, a U.S. shale producer, exceeded Wall Street's profit expectations for the third quarter, thanks to increased production and strong demand for oil.

Marathon Oil (MRO) finished the last trading session at $26.08, which represents a 0.77% increase from the previous day's closing price.

HOUSTON, Oct. 30, 2024 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) has announced that its board of directors has approved a dividend of 11 cents per share for its common stock. This dividend will be paid on December 10, 2024, to shareholders who are on record as of November 15, 2024.

Marathon Oil (MRO) lacks the necessary factors that could lead to a strong earnings report in the near future. Be ready for the main expectations.

HOUSTON, Oct. 23, 2024 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) has announced that it will release its earnings for the third quarter of 2024 on Wednesday, Nov. 6, after U.S. markets close. Because of its upcoming merger with ConocoPhillips, the company will not hold a conference call or webcast for this earnings report.

PHILADELPHIA, PA / ACCESSWIRE / October 4, 2024 / Kehoe Law Firm, P.C. is looking into whether some officers or directors of Marathon Oil Corporation ("Marathon Oil") (NYSE:MRO) did not manage the company properly, which may have violated their responsibilities to Marathon Oil and its shareholders. They are also examining if investors in Marathon Oil stock were negatively affected.

Oil stocks are gaining attention again, but it's not related to the U.S. presidential election.