Charts in Focus: Marathon Oil’s 4Q16 Production Costs, Margins
Marathon Oil’s production costs and margins
Excluding hedges, Marathon Oil (MRO) reported a positive cash margin and a negative total margin in 4Q16.
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In 4Q16, upstream companies Diamondback Energy (FANG), Pioneer Natural Resources (PXD), Encana (ECA), and EOG Resources (EOG) also reported positive cash margins. Encana reported cash margin of ~$5.96 per boe (barrel of oil equivalent), including hedging benefits.