News Releases

Marathon Oil Corporation Reports First Quarter 2011 Results

HOUSTON, May 3, 2011 - Marathon Oil Corporation (NYSE:MRO) today reported first quarter 2011 net income of $996 million, or $1.39 per diluted share. Net income in the first quarter of 2010 was $457 million, or $0.64 per diluted share. For the first quarter of 2011, net income adjusted for special items was $1.18 billion, or $1.65 per diluted share, compared to net income adjusted for special items of $315 million, or $0.44 per diluted share, for the first quarter of 2010.