HOUSTON (AP) _ Marathon Oil Corp. (MRO) on Wednesday reported first-quarter net income of $97 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 12 cents. Earnings, adjusted for non-recurring costs, were 21 cents per share.

The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 13 cents per share.

The energy company posted revenue of $1.07 billion in the period, falling short of Street forecasts. Five analysts surveyed by Zacks expected $1.09 billion.

Marathon Oil shares have climbed 75% since the beginning of the year, while the S&P’s 500 index has climbed 11%. In the final minutes of trading on Wednesday, shares hit $11.70, more than doubling in the last 12 months.

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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