Marathon Oil (MRO -0.7%) reports Q2 adjusted EPS of $0.59 vs. $0.96 Y/Y and analyst consensus...

|About: Marathon Oil Corporation (MRO)|By:, SA News Editor

Marathon Oil (MRO -0.7%) reports Q2 adjusted EPS of $0.59 vs. $0.96 Y/Y and analyst consensus $0.63, and revenues down 2.1% Y/Y to $3.78B vs. $3.08B consensus. MRO says it will reduce its rig count in the Bakken and Anadarko Woodford plays for the remainder of 2012 due to lower commodity prices, especially in the inland U.S. crude and natural gas liquids markets.