Marathon Oil Corporation
Free In-Depth Equity Research Report
Marathon Oil shares declined 4.89 percent to close at $12.16 a share Wednesday. The stock traded between $12.09 and $13.08 on volume of 25.28 million shares traded. The company reported an adjusted net loss of $317 million, or $0.43 per diluted share, for the first quarter of 2016. Total net production averaged 388,000 net barrels of oil equivalent per day in the first quarter. Shares of Marathon Oil have fallen approximately 3.0 percent year-to-date and are up roughly 15.0 percent in the past month.
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