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Marathon Oil quarterly profit jumps 26 percent
November 4, 2013 / 9:18 PM / 4 years ago

Marathon Oil quarterly profit jumps 26 percent

Nov 4 (Reuters) - Marathon Oil Corp said its third-quarter profit rose 26 percent due to a jump in production.

Marathon said its net income was $569 million, or 80 cents per diluted share, compared with $450 million, or 63 cents per share in the same period a year earlier.

Total oil and gas sales volumes, excluding Libya, averaged 459,000 barrels of oil equivalent per day (boe/d) up from 438,000 boe/d for the third quarter of 2012.

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