Marathon Oil Company Profile (NYSE:MRO)

Marathon Oil trades on the New York Stock Exchange (NYSE) under the ticker symbol "MRO."

Marathon Oil declared a quarterly dividend on Wednesday, July 26th. Shareholders of record on Wednesday, August 16th will be given a dividend of $0.05 per share on Monday, September 11th. This represents a $0.20 annualized dividend and a yield of 1.84%. The ex-dividend date of this dividend is Monday, August 14th. View Marathon Oil's Dividend History.

Marathon Oil Co. (NYSE:MRO) issued its quarterly earnings results on Wednesday, August, 2nd. The company reported ($0.24) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.14) by $0.10. The firm had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.03 billion. Marathon Oil had a negative return on equity of 4.91% and a negative net margin of 14.53%. The firm's revenue was down 4.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.23) EPS. View Marathon Oil's Earnings History.

Marathon Oil is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for Marathon Oil.

23 brokers have issued 12-month price objectives for Marathon Oil's shares. Their forecasts range from $9.00 to $29.00. On average, they expect Marathon Oil's stock price to reach $17.32 in the next year. View Analyst Ratings for Marathon Oil.

Here are some recent quotes from research analysts about Marathon Oil stock:

• 1. According to Zacks Investment Research, "Marathon Oil is a leading energy firm with a large and geographically-diverse reserve base and solid project pipeline. Additionally, it possesses a healthy balance sheet, which helps it to capitalize on investment opportunities. We also like the strong growth potential of Marathon’s high-margin liquids-rich unconventional plays and the company's recent entry into the prolific Permian Basin. Importantly, despite the weak commodity pricing environment, Marathon Oil has maintained its excellent track record of earnings surprise history, beating estimates in each of the last nine quarters thanks to its competitive cost structure and strong execution. But while being incrementally more positive on the company, we believe Marathon’s earnings and cash flows are bound to feel the heat from the ongoing oil price slump. Consequently, we would rather wait for a better entry point before accumulating shares." (8/2/2017)
• 2. FBR & Co analysts commented, "MRO reported 1Q17 earnings after the close on May 4. We see the stock outperforming as an earnings beat and a guidance raise further validate the resource play growth story. MRO raised its resource play growth targets to 20%– 25% (from 15%–20%) from 4Q16 to 4Q17. We continue to have strong conviction in the company’s longer-term growth target of 18%–22% from 2017 to 2021. However, we lower our price target to $20 (from $22) as a result of a lower commodity price deck. MRO hosts its earnings call on May 5 at 9:00 a.m." (5/5/2017)
• 3. 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)
• 4. Canaccord Genuity analysts commented, "We maintain a HOLD rating based on valuation." (3/21/2017)

Marathon Oil saw a decrease in short interest in the month of July. As of July 31st, there was short interest totalling 42,704,913 shares, a decrease of 17.6% from the July 14th total of 51,798,519 shares. Based on an average daily trading volume, of 14,979,059 shares, the short-interest ratio is currently 2.9 days. Currently, 5.0% of the shares of the company are short sold.

Some companies that are related to Marathon Oil include Concho Resources (CXO), Devon Energy Corporation (DVN), Apache Corporation (APA), Continental Resources (CLR), Noble Energy (NBL), Cabot Oil & Gas Corporation (COG), EQT Corporation (EQT), Cimarex Energy Co (XEC), Encana Corporation (ECA), Diamondback Energy (FANG), EQT GP Holdings, LP (EQGP), Parsley Energy (PE), Antero Resources Corporation (AR), Rice Energy (RICE), Newfield Exploration Company (NFX), RSP Permian (RSPP), Energen Corporation (EGN) and Range Resources Corporation (RRC).

Marathon Oil's management team includes the folowing people:

• Lee M. Tillman, President, Chief Executive Officer, Director
• Dane E. Whitehead, Chief Financial Officer, Executive Vice President
• T. Mitch Little, Executive Vice President - Operations
• Reginald D. Hedgebeth, Senior Vice President, General Counsel, Secretary
• Patrick J. Wagner, Senior Vice President - Corporate Development and Strategy
• Gary Eugene Wilson, Chief Accounting Officer, Vice President, Controller
• Catherine L. Krajicek, Vice President - Conventional
• Dennis H. Reilley, Non-Executive Independent Chairman of the Board
• Gaurdie E. Banister Jr., Independent Director
• Gregory H. Boyce, Independent Director

Marathon Oil's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.41%), Vanguard Group Inc. (10.20%), Macquarie Group Ltd. (6.33%), State Street Corp (5.89%), Hotchkis & Wiley Capital Management LLC (4.40%) and Franklin Resources Inc. (4.16%). View Institutional Ownership Trends for Marathon Oil.

Marathon Oil's stock was sold by a variety of institutional investors in the last quarter, including Hotchkis & Wiley Capital Management LLC, BlackRock Inc., Boston Partners, FMR LLC, Ameriprise Financial Inc., Robeco Institutional Asset Management B.V., Jennison Associates LLC and AXA. View Insider Buying and Selling for Marathon Oil.

Marathon Oil's stock was acquired by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., Vanguard Group Inc., State Street Corp, JPMorgan Chase & Co., Russell Investments Group Ltd., Wedge Capital Management L L P NC, Marshall Wace North America L.P. and Parametric Portfolio Associates LLC. View Insider Buying and Selling for Marathon Oil.

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.

One share of Marathon Oil stock can currently be purchased for approximately $10.87.