Marathon Oil Reports Third Quarter 2024 Results
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Marathon Oil Corporation reported its third quarter 2024 results, with a net income of $287 million or $0.51 per diluted share. Adjusted net income was $360 million or $0.64 per diluted share, excluding certain items.
November 06, 2024 | 9:45 pm
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Marathon Oil reported Q3 2024 net income of $287 million, or $0.51 per share, and adjusted net income of $360 million, or $0.64 per share, excluding certain items.
The reported earnings are positive, with adjusted net income exceeding the basic net income, indicating strong performance when excluding certain items. This is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100