Marathon Oil Corporation (MRO - Get Report) is expected to report quarterly earnings of 7 cents a share on sales of $1.2 billion, after the market closes on Wednesday, May 1, based on a FactSet survey of 25 analysts.
In the same period a year ago, the company posted earnings of 18 cents a share on sales of $1.7 billion.
The stock has risen 9.6% since the company last reported earnings on Feb. 13.
Quarterly estimates have risen less than 1 cent a share in the past month.
Marathon Oil is currently trading at a price-to-forward-earnings ratio of 24 based on the 12-month estimates of 26 analysts surveyed by FactSet.
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