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.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.