OlympicsMarathon Oil Coporation
Nov 2, 2007
Marathon profit off 37 pct on refining
“While our upstream business benefited from the increase in crude oil prices, it was a challenging third quarter for the downstream segment as the significant increase in crude costs compressed margins”
Oil producer and refiner Marathon Oil Corp said on Thursday its third-quarter earnings fell 37 percent on sharply lower margins from gasoline production, but still beat Wall Street Expectations. via Earth Times
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