---
schema_version: "secwatch.filing_event.v1"
accession: "0000101778-24-000094"
form_type: "8-K"
ticker: null
cik: "0000101778"
company_name: "MARATHON OIL CORP"
filed_at: "2024-05-01T23:59:59+00:00"
generated_at: "2026-06-03T01:46:04.589123+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Marathon Oil Q1 2024: Adj. EPS $0.55; returned $349M to shareholders; sanctioned EG drilling program

## Summary
- Net income $297M ($0.52 diluted EPS); adjusted net income $317M ($0.55 diluted EPS).
- Net operating cash flow $757M; adjusted CFO $861M; free cash flow $271M; returned $349M (41% of adjusted CFO) to shareholders.
- Sanctioned two Alba infill wells in Equatorial Guinea; first gas expected H2 2025; capex ~$100M in 2025.
- Brought online 12 three-mile lateral wells; first Permian three-mile pad avg 5,265 boed per well 30-day IP; per-ft cost >20% below 2-mile wells.
- FY2024 guidance unchanged: capex $2B, production 190K bopd/390K boed, adj FCF ~$2.2B at $80 WTI.

## SEC filing metadata
- accession: 0000101778-24-000094
- form_type: 8-K
- cik: 0000101778
- company_name: MARATHON OIL CORP
- filed_at: 2024-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/101778/000010177824000094/0000101778-24-000094-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/101778/000010177824000094/mro-20240501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000101778-24-000094
- JSON: https://secwatch.observer/filing/0000101778-24-000094.json
- Plain text: https://secwatch.observer/filing/0000101778-24-000094.txt

## Key facts
- Earnings Releases
  MARATHON OIL CORP reported the quarter ended March 31, 2024 results: net income $297 million or $0.52 per diluted share.
  - Period: the quarter ended March 31, 2024
  - Net income: $297 million or $0.52 per diluted share
  - Result: reported results
  source text: On May 1, 2024 , Marathon Oil Corporation issued a press release announcing results for the quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/101778/000010177824000094/0000101778-24-000094-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.