Marathon Oil Corporation (NYSE: MRO) has reported and fell in price

Marathon Oil quarterly profit rose to $ 709 million

In brief: Marathon Oil Corporation (NYSE: MRO) shares continued their negative trend. Marathon Oil Corp. profit rose, but remained less than expectations.

Marathon Oil Corporation (NYSE: MRO) is 34.20 points. Marathon Oil Corp. shares lost -0.08 points or -0.23% from the opening of trading the U.S. stock market today.

Oil and Gas Company Marathon Oil reported increased net profit for the second quarter with $ 413 million or 58 cents a share a year earlier to $ 709 million, or $ 1 per share. Favourable due, primarily, higher oil prices. In addition, some analysts believed the growth of the company profits by $ 413 million.

Igor Tringlers
2010-08-03 13:49, Economics.

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