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    market news

    Marathon Oil 2Q Profits Jump 41 Percent

    Investing News Network
    Aug. 02, 2011 04:26PM PST
    Oil and Gas Investing

    Business Week reports that Marathon Oil Corp.’s (NYSE:MRO) net income climbed 40.5 percent in the second quarter.

    Business Week reports that Marathon Oil Corp.’s (NYSE:MRO) net income climbed 40.5 percent in the second quarter.

    The market news is quoted as saying:

    Excluding income from the spinoff of Marathon Petroleum Corp., the company said adjusted earnings from continuing operations increased 56.6 percent to $689 million, or 96 cents per share, in the period.

    Click here to access the entire news

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