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Marathon Oil Reports First Quarter 2021 Results


Marathon Oil Reports First Quarter 2021 Results
Generates Significant Free Cash Flow, Reduces Gross Debt, Raises Base Dividend
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HOUSTON, May 5, 2021 /PRNewswire/ Marathon Oil Corporation (NYSE:MRO) reported first quarter 2021 net income of $97 million, or $0.12 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. The adjusted net income was $166 million, or $0.21 per diluted share. Net operating cash flow was $622 million, or $637 million before changes in working capital
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First quarter free cash flow of $443 million
First quarter capital expenditures of $184 million; committed to capital discipline with no change to $1 billion 2021 capital expenditure budget ....

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Marathon Oil Announces 2021 Capital Budget and Reports Fourth Quarter and Full Year 2020 Results


Marathon Oil Announces 2021 Capital Budget and Reports Fourth Quarter and Full Year 2020 Results
$1B Maintenance Budget Continues to Prioritize FCF and Balance Sheet Strength
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HOUSTON, Feb. 22, 2021 /PRNewswire/ Marathon Oil Corporation (NYSE:MRO) reported a fourth quarter 2020 net loss of $338 million, or $0.43 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. The adjusted net loss was $98 million, or $0.12 per diluted share. Net operating cash flow was $418 million, or $428 million before changes in working capital
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Marathon Oil reported full year 2020 net loss of $1,451 million, or $1.83 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. Adjust ....

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Modular Refinery Market: Comprehensive Evaluation Of The Market Via In-Depth Qualitative Insights 2019 – 2027 – KSU


Modular refinery is a skid-mounted modular structure based crude oil processing refinery plant. Each modular structure is an essential component of crude oil refinery. It is connected to each other by means of pipelines.
Structures or individual components of modular refineries are usually fabricated in a factory or site far from the required location in a controlled environment. This reduces costs to a larger extent and also improves efficiency of the process. Modules manufactured are transported to the required site for installation, resulting in a much quicker installation time than conventional refineries.
Major components of modular refineries generally include modular atmospheric distillation units, modular vacuum distillation units, hydrotreater units, hydro desulfurization units, catalytic reformer units, and hydrocracker units ....

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