(Reuters) – Oil and gas producer Marathon Oil Corp on Wednesday beat Wall Street estimates for fourth-quarter profit, boosted by higher crude prices as the geopolitical crisis in eastern Europe crimped global energy supplies.
Houston, Texas-based Marathon’s adjusted net income stood at 88 cents per share, for the three-months ended Dec. 31, beating analysts’ average expectation of 84 cents per share, according to Refinitiv IBES.
(Reporting by Ankit Kumar; Editing by Shailesh Kuber)
