Marathon Oil Corp.(MRO) reported fourth quarter net income of $355 million or $0.50 per share, compared to a net loss of $41 million, or $0.06 per share in the year ago quarter.
Adjusted net income was $229 million or $0.32 per share, compared to net income of $1.025 billion or $1.44 per share, for the fourth quarter of 2008. Analysts polled by Thomson Reuters expected the company to report earnings of $0.51 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenues and other income for the quarter rose to $16.07 billion, from $14.70 billion in the year ago quarter. Four analysts had consensus revenue estimate of $13.69 billion for the quarter.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.