Advertisement
Singapore markets closed
  • Straits Times Index

    3,176.51
    -11.15 (-0.35%)
     
  • Nikkei

    37,068.35
    -1,011.35 (-2.66%)
     
  • Hang Seng

    16,224.14
    -161.73 (-0.99%)
     
  • FTSE 100

    7,844.34
    -32.71 (-0.42%)
     
  • Bitcoin USD

    64,836.38
    +2,594.80 (+4.17%)
     
  • CMC Crypto 200

    1,335.89
    +23.27 (+1.81%)
     
  • S&P 500

    5,011.12
    -11.09 (-0.22%)
     
  • Dow

    37,775.38
    +22.07 (+0.06%)
     
  • Nasdaq

    15,601.50
    -81.87 (-0.52%)
     
  • Gold

    2,396.00
    -2.00 (-0.08%)
     
  • Crude Oil

    82.24
    -0.49 (-0.59%)
     
  • 10-Yr Bond

    4.6020
    -0.0450 (-0.97%)
     
  • FTSE Bursa Malaysia

    1,547.57
    +2.81 (+0.18%)
     
  • Jakarta Composite Index

    7,087.32
    -79.50 (-1.11%)
     
  • PSE Index

    6,443.00
    -80.19 (-1.23%)
     

What Caused Marathon Oil’s Revenue Growth in 1Q18?

What Caused Marathon Oil’s Revenue Growth in 1Q18?

In 1Q18, Marathon Oil (MRO) reported revenue of ~$1.7 billion, higher than Wall Street analysts’ consensus estimate of ~$1.4 billion. In 1Q18, MRO reported revenue from contracts with customers of ~$1.5 billion, a loss on commodity derivatives of ~$102 million, a gain on dispositions of ~$257 million, income from equity method investments of ~$37 million, and other revenue of ~$4 million.