Investing.com - Marathon Oil (NYSE:MRO) reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Marathon Oil announced earnings per share of $0.22 on revenue of $1.25B. Analysts polled by Investing.com anticipated EPS of $0.1705 on revenue of $1.12B.
Marathon Oil shares are up 6% from the beginning of the year and are trading at $11.02 , down-from-52-week-high.They are under-performing the Nasdaq which is up 14.68% from the start of the year.
Marathon Oil shares lost 0.27% 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 $1.1 on revenue of $67.74B, compared to forecasts EPS of $1.01 on revenue of $64.64B.
Chevron had beat expectations on Friday with second quarter EPS of $1.71 on revenue of $37.6B, compared to forecast for EPS of $1.59 on revenue of $36.33B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar