Marathon Oil Corporation reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 1,585 million compared to USD 1,603 million a year ago. Revenue was USD 1,691 million compared to USD 1,733 million a year ago. Net income was USD 397 million compared to USD 525 million a year ago. Diluted earnings per share from continuing operations was USD 0.68 compared to USD 0.82 a year ago.
For the full year, sales was USD 6,407 million compared to USD 7,540 million a year ago. Revenue was USD 6,697 million compared to USD 8,036 million a year ago. Net income was USD 1,554 million compared to USD 3,612 million a year ago. Diluted earnings per share from continuing operations was USD 2.56 compared to USD 5.26 a year ago.