HOUSTON (AP) _ Marathon Oil Corp. (MRO) on Wednesday reported second-quarter net income of $16 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Houston-based company said it had profit of 2 cents. Earnings, adjusted for non-recurring costs and asset impairment costs, came to 22 cents per share.

The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 18 cents per share.

The energy company posted revenue of $1.14 billion in the period, which fell short of Street forecasts. Six analysts surveyed by Zacks expected $1.15 billion.

Marathon Oil shares have increased 66% since the beginning of the year, while the S&P's 500 index has risen 17%. In the final minutes of trading on Wednesday, shares hit $11.05, an increase of 91% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MRO at https://www.zacks.com/ap/MRO

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