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UBS Warburg Dims Estimates for Marathon’s Earnings

Investment banker UBS Warburg last week lowered its estimates for Marathon Oil Corp.’s 12-month price target and earnings-per-share (EPS) in 2003 and 2004 following the producer’s announcement last week that it expects lower production levels in the next two years.

November 25, 2002

UBS Warburg Dims Estimates for Marathon’s Earnings

Investment banker UBS Warburg lowered its estimates for Marathon Oil Corp.’s 12-month price target and earnings-per-share (EPS) in 2003 and 2004 following the producer’s announcement last week that it expects lower production levels in the next two years.

November 19, 2002