Investing.com - Marathon Oil (NYSE:MRO) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Marathon Oil announced earnings per share of $0.21 on revenue of $1.07B. Analysts polled by Investing.com anticipated EPS of $0.0939 on revenue of $1.06B.
Marathon Oil shares are up 75% from the beginning of the year and are trading at $11.85 , down-from-52-week-high.They are outperforming the S&P 500 which is up 10.98% from the start of the year.
Marathon Oil shares gained 1.46% in after-hours trade the report.
Marathon Oil follows other major Energy sector earnings this month
Marathon Oil's report follows an earnings beat by Exxon Mobil on Friday, who reported EPS of $0.65 on revenue of $59.15B, compared to forecasts EPS of $0.5989 on revenue of $56.38B.
Chevron had beat expectations on Friday with first quarter EPS of $0.9 on revenue of $32.03B, compared to forecast for EPS of $0.8875 on revenue of $32.54B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar