Marathon Oil Corporation Is Sprinting Back to America

It was another great quarter for Marathon Oil (NYSE: MRO  ) , as investments in American operations resulted in strong liquids production growth. Three shale plays in particular, the Eagle Ford, Bakken, and SCOOP, were primarily responsible for pushing Marathon Oil’s earnings higher after it updated investors on May 6. With output from those three shale plays growing by 26% year over year, the North American exploration and production segment posted $242 million in net income this quarter compared to a loss of $59 million in the same quarter a year ago.  

via Marathon Oil Corporation Is Sprinting Back to America.

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