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Marathon Oil Corporation

MRO•NYSE
Energy
Oil & Gas Exploration & Production
$28.55
$0.00(0.00%)
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Over the last four quarters, Marathon Oil Corporation achieved steady financial progress, growing revenue from $1.58B in Q4 2023 to $1.79B in Q3 2024. Gross profit stayed firm with margins at 89% in Q3 2024 versus 39% in Q4 2023. Operating income totaled $540.00M in Q3 2024, maintaining a 30% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at $1.12B. Net income dropped to $287.00M, with EPS at $0.51. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.

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