WASHINGTON (dpa-AFX) - Marathon Oil Corp. (MRO) Wednesday reported fourth-quarter net income of $375 million or $0.54 per share, compared to $322 million or $0.45 per share in the prior year quarter.
Adjusted earnings for the latest fourth quarter rose to $418 million or $0.60 per share from $388 million or $0.55 per share in the year-ago period.
Total revenues and other income declined to $3.29 billion from $4.24 billion in the comparable quarter last year.
On average, analysts polled by Thomson Reuters expected the company to earn $0.72 per share on revenues of $3.57 billion for the quarter. Analysts' estimates typically exclude special items.
Copyright RTT News/dpa-AFX
© 2014 AFX News
