Marathon Oil Corp logo

Marathon Oil Corp (MRO)

Market Open
21 Nov, 21:00
NYSE NYSE
$
28. 55
$
15.97B Market Cap
8.84 P/E Ratio
0.44% Div Yield
0 Volume
2.72 Eps
$
Previous Close
Investors:
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Day Range
28.55 28.55
Year Range
28.55 28.55
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Marathon Oil Often Leads In Cost Progress

Marathon Oil Often Leads In Cost Progress

Marathon Oil reduces per foot costs and increases initial flow rate, leading to lower well breakeven point and higher profitability. Management front loads capital budget, and has significant natural gas production. It is important to bring natural gas production online for the winter heating season. Despite the change in net income, adjusted cash flow from operating activities held up rather well for Marathon Oil.

Seekingalpha | 2 years ago