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Marathon Oil Reports First Quarter 2024 Results

Returned $350 Million to Shareholders and Sanctioned Equatorial Guinea Drilling Program HOUSTON, May 1, 2024 /PRNewswire/ Marathon Oil Corporation reported first quarter 2024 net income of $297.

Marathon Oil Reports First Quarter 2024 Results

Marathon Oil Reports First Quarter 2024 Results

Marathon Oil Corporation (NYSE: MRO) reported first quarter 2024 net income of $297 million or $0.52 per diluted share, which includes the impact of certain items not typically represented in analysts' earnings estimates and that would otherwise affect comparability of results. Adjusted net income was $317 million or $0.55 per diluted share. Net operating cash flow was $757 million or $861 million before changes in working capital (adjusted CFO). Free cash flow (FCF) was $271 million or $239 mil

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