Marathon Oil Corporation (NYSE:MRO) Basic Material Sector After Digesting 1st Quarter Results

Experts Expectations vs Actual:

Marathon Oil Corporation reported adjusted net income of 67 cents per share. By that measure, the company fell short of mean estimate of 87 cents per share. It beat the average revenue estimate of $3.36 billion.

Marathon Oil Corporation vs Industry Leaders:

The company is ranked 18th among 68 Oil & Gas Refining & Marketing Companies by market capitalization. The company maintains the highest EPS growth rate of 57.60 percent which ranks it 29th among its competitors. MRO maintains the 22nd highest long term growth rate among its industry peers which stands at 7.40 percent. The company maintains the ranked 31st Revenue Growth rate of 9.60 percent in its industry.

1st Quarter 2012 Financial Results:

Revenue:

Marathon Oil Corporation (NYSE:MRO) reported the revenue of $4.04 billion for the quarter ended March 31st, 2012 as compared to revenue of $3.80 billion for the same period last year.

Net Income 2012 vs Net Income 2011:

Marathon Oil Corporation (NYSE:MRO) reported the net  profit  of $417 million or earnings of $0.68 per share for the respective quarter as compared to net income of $996 million or earnings of $0.85 per share last year.

Balance Sheet:

The company’s total assets accumulate up to $31.37 billion with highest proportion of current assets in its composition. Its total liabilities stand at $14.21 billion as compared to its total equity of $17.15 billion.

Marathon Oil Corporation’s Competitors:

Chevron Corporation (NYSE:CVX), ConocoPhillips (NYSE:COP), Hess Corp. (NYSE:HES), Exxon Mobil Corporation (NYSE:XOM), BP plc (NYSE:BP), TOTAL S.A. (NYSE:TOT), Statoil ASA (NYSE:STO) and Murphy Oil Corporation (NYSE:MUR).

 

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