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Marathon Oil Beats Estimates

Stock quotes in this article: MRO  

Marathon Oil(MRO Quote) beat Wall Street's second-quarter earnings estimates on 2% growth in profit and revenue.

The company announced that its second-quarter earnings, before extraordinary items, rose to $1.55 billion, from $1.52 billion a year ago.

On a per share basis, the company's earnings grew to $2.25, up from $2.08 in the second quarter of 2006 and higher than the $2.12 a share estimated in an analyst survey by Thomson Financial. ...

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