uploads/2016/11/MRO-3Q16-Post-Cash-Flow-1.jpg

How Much Cash Did Marathon Oil Generate in 3Q16?

By

Updated

Marathon Oil’s 3Q16 cash flow

For 3Q16, Marathon Oil (MRO) reported cash flow of $0.57 per share, which is ~22.0% lower than 3Q15.

As you can see in the above graph, Marathon Oil’s cash flow fell 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 in previous years. In 1Q16, it reported $0.10 per share, the lowest cash flow since 1999.

In 3Q16, the company reported positive free cash flow of ~$0.30 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 year-over-year cash flows. Southwestern Energy (SWN), Murphy Oil (MUR), and Range Resources (RRC) reported cash flows of $0.36 per share, $0.96 per share, and $0.18 per share, respectively, in 3Q16.

Advertisement

More From Market Realist