About Marathon Oil (MRO)
Marathon Oil Corporation is an exploration and production (E&P) company. The Company operates through three segments: North America E&P, International E&P and Oil Sands Mining. The North America E&P segment explores for, produces and markets crude oil and condensate, natural gas liquids (NGLs) and natural gas in North America. The International E&P segment explores for, produces and markets crude oil and condensate, NGLs and natural gas outside of North America, and produces and markets products manufactured from natural gas, such as liquefied natural gas (LNG) and methanol, in Equatorial Guinea (E.G.). The Oil Sands Mining segment mines, extracts and transports bitumen from oil sands deposits in Alberta, Canada, and upgrades the bitumen to produce and market synthetic crude oil and vacuum gas oil.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Independent Oil & Gas
- Sub-Industry: Oil & Gas Exploration & Production
- Exchange: NYSE
- Symbol: MRO
- CUSIP: 56584910
- Previous Close: $15.15
- 50 Day Moving Average: $15.69
- 200 Day Moving Average: $16.20
- 52-Week Range: $11.28 - $19.28
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 757.50
- P/E Growth: 0.53
- Market Cap: $12.84B
- Outstanding Shares: 847,201,000
- Beta: 2.25
- Net Margins: -32.98%
- Return on Equity: -4.91%
- Return on Assets: -2.87%
- Debt-to-Equity Ratio: 0.38%
- Current Ratio: 2.16%
- Quick Ratio: 2.00%
Companies Related to Marathon Oil:
Earnings History for Marathon Oil (NYSE:MRO)Earnings History by Quarter for Marathon Oil (NYSE:MRO)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/2/2017|| || || || || || || || |
|2/15/2017||Q4 2016||($0.15)||($0.10)||$1.19 billion||$1.39 billion||View||N/A|
|11/2/2016||Q316||($0.20)||($0.11)||$1.10 billion||$1.23 billion||View||Listen|
|8/3/2016||Q2||($0.25)||($0.23)||$1.12 billion||$1.30 billion||View||N/A|
|5/4/2016||Q1||($0.46)||($0.43)||$903.27 million||$730.00 million||View||Listen|
|2/17/2016||Q4||($0.48)||($0.48)||$1.26 billion||$1.48 billion||View||Listen|
|11/4/2015||Q3||($0.40)||($0.20)||$1.38 billion||$1.32 billion||View||N/A|
|8/5/2015||Q2||($0.23)||($0.23)||$2.94 billion||$1.53 billion||View||N/A|
|5/6/2015||Q1 2015||($0.46)||($0.37)||$1.79 billion||$1.53 billion||View||N/A|
|2/18/2015||Q4||$0.03||($0.13)||$2.41 billion||$2.50 billion||View||N/A|
|11/3/2014||Q314||$0.58||$0.57||$2.93 billion||$2.97 billion||View||N/A|
|8/4/2014||Q214||$0.74||$0.62||$3.19 billion||$2.94 billion||View||N/A|
|2/5/2014||Q413||$0.72||$0.60||$3.57 billion||$3.29 million||View||N/A|
|10/31/2013||Q313||$0.76||$0.59||$3.80 billion||$26.27 billion||View||N/A|
|8/6/2013||Q2 2013||$0.71||$0.67||$3.84 billion||$3.90 billion||View||N/A|
|5/7/2013||Q1 2013||$0.72||$0.51||$4.25 billion||$4.11 billion||View||N/A|
|2/6/2013||Q4 2012||$0.69||$0.55||$4.09 billion||$4.24 billion||View||N/A|
|11/6/2012||Q312||$0.64||$0.64||$3.19 billion||$4.16 billion||View||N/A|
Earnings Estimates for Marathon Oil (NYSE:MRO)
2017 EPS Consensus Estimate: $0.04
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Marathon Oil (NYSE:MRO)
|Most Recent Dividend:||3/10/2017|
|Dividend Growth:||-34.80% (3 Year Average)|
|Payout Ratio:||-9.26% (Trailing 12 Months of Earnings) |
-95.24% (Based on This Year's Estimates)
1,000.00% (Based on Next Year's Estimates)
Dividend History by Quarter for Marathon Oil (NYSE:MRO)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Marathon Oil (NYSE:MRO)
Insider Ownership Percentage: 0.35%Insider Trades by Quarter for Marathon Oil (NYSE:MRO)
Institutional Ownership Percentage: 81.96%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|3/10/2015||Lee M Tillman||CEO||Buy||28,791||$26.00||$748,566.00|| |
|3/7/2014||Annell Bay||VP||Sell||112,242||$34.10||$3,827,452.20|| |
|12/13/2013||Howard Sr Thill, Sr.||VP||Sell||67,638||$35.95||$2,431,586.10|| |
|9/12/2013||Steven Guidry||VP||Sell||35,774||$36.35||$1,300,384.90|| |
|5/16/2013||Michael K Stewart||Insider||Sell||2,221||$35.34||$78,490.14|| |
|2/15/2013||Thomas Mitchell Little||VP||Sell||6,836||$34.65||$236,867.40|| |
Headline Trends for Marathon Oil (NYSE:MRO)
Latest Headlines for Marathon Oil (NYSE:MRO)
Frequently Asked Questions for Marathon Oil (NYSE:MRO)
What is Marathon Oil's stock symbol?
Marathon Oil trades on the New York Stock Exchange (NYSE) under the ticker symbol "MRO."
How often does Marathon Oil pay dividends? What is the dividend yield for Marathon Oil?
Marathon Oil declared a quarterly dividend on Wednesday, January 25th. Investors of record on Wednesday, February 15th will be paid a dividend of $0.05 per share on Friday, March 10th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.32%. The ex-dividend date is Monday, February 13th.
How were Marathon Oil's earnings last quarter?
Marathon Oil Co. (NYSE:MRO) released its quarterly earnings results on Wednesday, February, 15th. The company reported ($0.10) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.15) by $0.05. The firm had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.19 billion. Marathon Oil had a negative net margin of 32.98% and a negative return on equity of 4.91%.
When will Marathon Oil make its next earnings announcement?
Marathon Oil is scheduled to release their next quarterly earnings announcement on Tuesday, May, 2nd 2017.
Where is Marathon Oil's stock going? Where will Marathon Oil's stock price be in 2017?
26 brokerages have issued 12 month price objectives for Marathon Oil's shares. Their forecasts range from $15.00 to $29.00. On average, they expect Marathon Oil's stock price to reach $19.48 in the next twelve months.
What are analysts saying about Marathon Oil stock?
Here are some recent quotes from research analysts about Marathon Oil stock:
- 1. KLR Group analysts commented, "Our MRO target price of $24 per share is unchanged following the bolt-on Delaware Basin acquisition. Marathon is acquiring ~21,000 net acres in the Permian Basin for ~$700 million in cash. Pro forma the two Delaware Basin transactions, the company's mid-cycle capital yield improves ~5% to ~105% versus the industry median cash recycle ratio of ~145%. The transactions should close in the second quarter and increase YE'17 net debt-to-EBITDA from ~1.6x to ~1.8x net of the oil sands mining divestiture." (3/23/2017)
- 2. Canaccord Genuity analysts commented, "We maintain a HOLD rating based on valuation." (3/21/2017)
- 3. According to Zacks Investment Research, "Marathon Oil is a leading energy firm with a large and geographically-diverse reserve base and solid project pipeline. The company’s recent plan to buy PayRock Energy Holdings is a huge positive as the latter possesses 61,000 net surface acres of land in Oklahoma. In fact, the company is anticipating handsome returns from the newly drilled wells of the locality, even if oil remains at $50 per barrel. It is to be noted that the to-be purchased resources will raise the company’s total ownership to 200,000 acres in the Stack region. Additionally, it possesses a healthy balance sheet, which helps it to capitalize on investment opportunities." (8/3/2016)
Are investors shorting Marathon Oil?
Marathon Oil saw a decline in short interest during the month of March. As of March 31st, there was short interest totalling 40,537,796 shares, a decline of 11.9% from the March 15th total of 46,017,440 shares. Based on an average daily volume of 12,168,174 shares, the short-interest ratio is presently 3.3 days. Currently, 4.8% of the shares of the stock are sold short.
Who owns Marathon Oil stock?
Marathon Oil's stock is owned by a number of of retail and institutional investors. Top institutional investors include Bank of Montreal Can (0.25%), Nationwide Fund Advisors (0.14%), National Pension Service (0.09%), Chevy Chase Trust Holdings Inc. (0.09%), Retirement Systems of Alabama (0.09%) and Hermes Investment Management Ltd. (0.06%).
Who sold Marathon Oil stock? Who is selling Marathon Oil stock?
Marathon Oil's stock was sold by a variety of institutional investors in the last quarter, including Nationwide Fund Advisors, Hermes Investment Management Ltd., First American Trust FSB, CENTRAL TRUST Co, Charter Trust Co., Berkshire Asset Management LLC PA, Hartford Investment Management Co. and Legacy Private Trust Co..
Who bought Marathon Oil stock? Who is buying Marathon Oil stock?
Marathon Oil's stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, National Pension Service, Viking Fund Management LLC, Longer Investments Inc., Creative Planning, DnB Asset Management AS, Oakbrook Investments LLC and Chevy Chase Trust Holdings Inc..
How do I buy Marathon Oil stock?
Shares of Marathon Oil can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Marathon Oil stock cost?
One share of Marathon Oil stock can currently be purchased for approximately $15.15.
Marathon Oil (MRO) Chart for Monday, April, 24, 2017