Q3 Earnings for Marathon (MRO) Top as US Output Increases and Costs Decline
per share of 77 cents, which is more than the 69 cent Zacks Consensus Estimate. Together with decreased unit costs, the outperformance is a result of robust local oil and gas output. Nevertheless, poorer oil realisations caused the company’s adjusted profit to drop from $1.24 million in the prior year. The business reported $1.8 billion … Read more