— Marathon Oil Corporation (NYSE: MRO) reported adjusted earnings of $0.07 per share for the fourth quarter of 2019 versus $0.10 per share expected.
— Revenues plunged by 31% to $1.22 billion versus $1.27 billion expected.
— The US production averaged 328,000 net barrels of oil equivalent per day (boed) during the fourth quarter, including 196,000 net barrels of oil per day (bopd).
— Oil production was up 9% from the year-ago quarter on a divestiture-adjusted basis.
— For full-year 2020, the company forecasts total US oil production growth of 6% at the midpoint of guidance.
— For the first quarter, the US oil production guidance is 192,000 to 202,000 net bopd and the international oil production outlook is 12,000 to 16,000 net bopd.
Most Popular
Key highlights from Deere & Co.’s (DE) Q4 2024 earnings results
Deere & Company (NYSE: DE) reported its fourth quarter 2024 earnings results today. Worldwide net sales and revenues decreased 28% year-over-year to $11.14 billion. Net income was $1.24 billion, or
NVDA Earnings: Nvidia Q3 profit jumps, beats estimates
NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a sharp increase in adjusted profit and revenue for the third quarter of 2025. Earnings also topped analysts' estimates. The tech firm’s revenues
Lowe’s Companies (LOW): A few points to note about the Q3 2024 performance
Shares of Lowe’s Companies, Inc. (NYSE: LOW) rose over 1% on Wednesday. The stock has gained 8% over the past three months. The company delivered better-than-expected earnings results for the
