marathon oil 3rd Quarter 2008

- Marathon Oil Corporation reported a net income of $2.064 billion for Q3 2008, more than double the $1.021 billion in Q3 2007. Revenues increased to $23.446 billion from $16.954 billion. - Exploration and Production segment income nearly doubled to $939 million due to higher liquid hydrocarbon prices and sales volumes. Oil Sands Mining reported income of $288 million. - Refining, Marketing and Transportation segment income increased to $771 million due to higher refining margins and crude oil differentials. Integrated Gas income was $65 million. - Production averaged 379,000 barrels of oil equivalent per day, up from 371,000 in Q3 2007.