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 $1.32 on revenue of $2.3B. Analysts polled by Investing.com anticipated EPS of $1.27 on revenue of $2.12B.
Marathon Oil shares are up 39% from the beginning of the year and are trading at $22.99 , down-from-52-week-high.They are outperforming the S&P 500 which is down 12.82% from the start of the year.
Marathon Oil shares gained 0.44% 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 $4.14 on revenue of $115.68B, compared to forecasts EPS of $3.84 on revenue of $111.3B.
Chevron had beat expectations on Friday with second quarter EPS of $5.82 on revenue of $68.76B, compared to forecast for EPS of $5.08 on revenue of $58.66B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar