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Marathon Oil Reports First Quarter 2021 Results Generates Significant Free Cash Flow, Reduces Gross Debt, Raises Base Dividend News provided by Share this article Share this article HOUSTON, May 5, 2021 /PRNewswire/ Marathon Oil Corporation (NYSE:MRO) reported first quarter 2021 net income of $97 million, or $0.12 per diluted share, which includes the impact of certain items not typically represented in analysts earnings estimates and that would otherwise affect comparability of results. The adjusted net income was $166 million, or $0.21 per diluted share. Net operating cash flow was $622 million, or $637 million before changes in working capital . First quarter free cash flow of $443 million First quarter capital expenditures of $184 million; committed to capital discipline with no change to $1 billion 2021 capital expenditure budget

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