Marathon Oil Weaker 2011 Q4 Profits

Zacks reported that Marathon Oil Corporation (NYSE:MRO) announced weaker fourth quarter 2011 profits.

As quoted in the market news:

Houston, Texas-based Marathon – which last year spun off its refining/sales business into a separate, independent and publicly traded company Marathon Petroleum Corporation (MPC) – announced earnings from continuing operations (excluding special items) of 78 cents per share, well below the Zacks Consensus Estimate of 85 cents per share.

Click here to read the full Zacks report.