05.02.2014 23:35:24

Marathon Oil Q4 Profit Rises - Quick Facts

(RTTNews) - Marathon Oil Corp. (MRO) Wednesday reported fourth-quarter net income of $375 million or $0.54 per share, compared to $322 million or $0.45 per share in the prior year quarter.

Adjusted earnings for the latest fourth quarter rose to $418 million or $0.60 per share from $388 million or $0.55 per share in the year-ago period.

Total revenues and other income declined to $3.29 billion from $4.24 billion in the comparable quarter last year.

On average, analysts polled by Thomson Reuters expected the company to earn $0.72 per share on revenues of $3.57 billion for the quarter. Analysts' estimates typically exclude special items.

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Marathon Oil Corp. 24,24 -2,65% Marathon Oil Corp.