Investing.com - Marathon Oil (NYSE:MRO) reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Marathon Oil announced earnings per share of $0.39 on revenue of $1.45B. Analysts polled by Investing.com anticipated EPS of $0.314 on revenue of $1.32B.
Marathon Oil shares are up 147% from the beginning of the year and are trading at $16.70 , down-from-52-week-high.They are outperforming the S&P 500 which is up 24.07% from the start of the year.
Marathon Oil shares gained 1.27% 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 $1.58 on revenue of $73.79B, compared to forecasts EPS of $1.56 on revenue of $71.13B.
Chevron had beat expectations on Friday with third quarter EPS of $2.96 on revenue of $44.71B, compared to forecast for EPS of $2.2 on revenue of $39.97B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar