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Today: April 13, 2025
Today: April 13, 2025

Marathon Oil beats profit estimates

A Marathon Oil well site is seen in the Eagle Ford Shale oil field in south Texas
April 26, 2024
Reuters - Reuters

(Reuters) - Marathon Oil beat Wall Street estimates for fourth-quarter profit on Wednesday as the U.S. shale producer got a boost from higher production.

The company's adjusted profit was 69 cents per share for the three months ended Dec. 31, compared with analysts' average estimate of 63 cents per share, according to LSEG data.

(Reporting by Saikeerthi in Bengaluru; Editing by Maju Samuel)

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