Published on 31 May 2024 on Zacks via Yahoo Finance
Why Is Marathon Oil (MRO) Up 8.1% Since Last Earnings Report?
It has been about a month since the last earnings report for Marathon Oil (MRO). Shares have added about 8.1% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Marathon Oil due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.
Marathon Oil Reports Better-Than-Expected Q1 Earnings