Thursday, January 16, 2025

Angola Sale Marathon Oil Corp News

Marathon Oil Profit Nearly Triples after Angola Sale

Photo: Marathon Oil Corp

Marathon Oil Corp said on Tuesday that first-quarter profit nearly tripled, helped in part by recent asset sales. The company posted net income of $1.15 billion, or $1.65 per share, compared with $383 million, or 54 cents per share, in the year-ago period.

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