Market Currents

• Tuesday, November 3, 2009

• 08:48 AM Marathon Oil (MRO): Q3 EPS of $0.61 beats by $0.04. Revenue of $14.48B (-37.9%) vs. $13.7B. Shares +1.3% premarket. (PR) Comment!
• 00:05 AM Notable premarket earnings: ABC, ACOR, ADM, AMT, ANR, CAM, COL, CTSH, EMR, EXPD, FTR, GET, HCP, HNT, ICE, JOE, JRCC, LPX, MA, MHS, MRO, MVL, NXG, OSK, PER, PKD, PQ, RCL, RDC, RL, SNH, TE, TEVA, THC, TLM, VIA, VNO Comment!

• Monday, August 3, 2009

• 08:50 AM Marathon Oil (MRO): Q2 EPS of $0.58 beats by $0.05. Revenue of $13.4B (-40%) vs. $11.1B. Shares +2% premarket. (PR) Comment!
• 00:05 AM Notable earnings before Monday's open: CLX, FE, HUM, JRCC, L, MGM, MRO, NNN, RRI, TAP, TSN Comment!

• Monday, July 20, 2009

• 05:37 AM Sinopec (SNP) and Cnooc (CEO) agree to buy a $1.3B stake in an offshore Angolan oil block, and hope to avoid the political opposition that faced planned acquisitions in the U.S. and Australia. The firms are buying their 20% stake from Marathon Oil (MRO). Comment!

• Thursday, April 30, 2009

• 08:58 AM Marathon Oil (MRO): Q1 EPS of $0.34 misses by $0.04. Revenue of $10.4B (-42.8%) vs. $8.9B. Shares +1.2% premarket. (PR) Comment!
• 00:05 AM Notable earnings before Thursday's open: APA, ASH, AZN, BC, BWA, CAH, CELG, CI, CINF, CL, CLI, CMCSA, CMS, COCO, COV, CTL, D, DLR, DOW, EK, ENTG, EQT, ERIC, EXPE, FAF, GTI, HOT, HP, IP, IRM, K, KBR, KIM, KSU, LKQX, LNT, MRO, MOT, MYL, NBL, NEM, NRG, NWL, NYX, OC, OCR, OMX, OSK, PDE, PEI, PG, PTEN, RGC, RYN, SEPR, SPR, SWY, TRV, TSM, TYC, VIA.B, WMB, WPI, XEL, XOM Comment!

• Tuesday, February 3, 2009

• 09:18 AM Marathon Oil (MRO): Q4 EPS of $1.44 beats by $0.54. Revenue of $14.8B (-21.7%) vs. $13.3B. Shares +3.5% premarket. (PR) Comment!
• 00:05 AM Notable earnings before Tuesday's open: ADM, ADP, AVP, BP, CAM, CE, CME, CMI, COCO, COL, DHI, DOW, EMR, ETR, HNT, IACI, KSU, LPX, MDU, MOT, MRK, MRO, MYGN, NNN, NOC, PEG, PNC, PRGO, SGP, TYC, UPS, WEC Comment!

• Thursday, January 15, 2009

• 13:20 PM Crude now down almost 11%, but big oil stocks are holding up. XOM -1.3%. CVX -1.5%. Others are struggling. COP -5.7%. MRO -4.7%. Depressed oil prices are motivating big bets against the energy patch. Comment!

• Thursday, October 30, 2008

• 08:59 AM Marathon Oil (MRO): Q3 EPS of $2.76 beats by $0.43. Revenue of $22.48B vs. $23.4B. Shares +5.7%. (PR) Comment!
• 00:05 AM Notable earnings before Thursday's open: ABC, ABX, AIZ, ALU, AVP, AZN, BJS, BLL, CAM, CBB, CBS, CI, CL, CLI, CMC, CMS, CVS, D, EK, ENDP, EXPE, FAF, GLBL, IAR, ICE, IGT, IP, IRM, JAH, LEA, LKQX, MOT, MPS, MRO, MYL, NRG, NWL, OCR, PAG, PDE, PNX, PTEN, RDS.A, SCG, SFI, SGR, SPIL, TE, UIS, VC, WMI, WYN, XOM Comment!

• Thursday, October 2, 2008

• 05:29 AM In the latest effort by China's state-owned energy firms to expand globally, oil firm Cnooc Ltd. bids for natural-gas assets in the Caribbean, and joins up with Sinopec (SNP) to buy a stake in an Angolan oil field from Marathon Oil (MRO). Comment!

• Sunday, September 14, 2008

• 02:50 AM Ike's been brutal, but refiners aren't finding much damage. (BP, VLO, MRO) Comment!

• Friday, September 12, 2008

• 14:08 PM Fitch is mildly bullish on refiners which manage to stay up-and-running while others close down, including Sunoco (SUN), Marathon Oil (MRO), Frontier Oil (FTO) and ConocoPhillips (COP). Comment!

• Thursday, July 31, 2008

• 00:10 AM Notable earnings before Thursday's open II: K, KSU, LIZ, MA, MBI, MO, MOT, MRO, NMX, NWL, OCR, PH, PTEN, RDS.A, SFI, SIRI, SPR, TE, TEF, TSCM, TSM, TYC, WYN, XEL, XOM Comment!