uploads///MRO Q Post Cash Flow

Chart in Focus: How Much Cash Did Marathon Oil Generate in 2Q16?

By

Aug. 4 2016, Published 2:41 p.m. ET

Marathon Oil’s 2Q16 cash flow

For 2Q16, Marathon Oil (MRO) reported cash flow of $0.21 per share, which is ~65% lower than it was in 2Q15.

As shown in the above chart, Marathon Oil’s cash flow dropped steeply in 1Q15, mainly due to lower realized crude oil (USO) and natural gas (UNG) prices. In 2015, Marathon Oil reported lower cash flow than it had in preceding years. In 1Q16, Marathon Oil reported cash flow of $0.10 per share, its lowest since 1999. For 2Q16, Marathon Oil reported negative free cash flow of around -$0.14 per share.

Article continues below advertisement

Other upstream players

Due to the steep downward trend in energy prices, most S&P 500 (SPY) energy companies have reported lower cash flow year-over-year. Southwestern Energy (SWN), Encana (ECA), and Range Resources (RRC) reported cash flow of $0.19 per share, $0.10 per share, and $0.49 per share, respectively, in 2Q16.

Advertisement

More From Market Realist