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.