Marathon Oil Corporation Company Profile (NYSE:MRO)

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

Marathon Oil Corporation announced a quarterly dividend on Wednesday, July 26th. Shareholders of record on Wednesday, August 16th will be paid a dividend of $0.05 per share on Monday, September 11th. This represents a $0.20 annualized dividend and a yield of 1.64%. The ex-dividend date of this dividend is Monday, August 14th. View Marathon Oil Corporation's Dividend History.

Marathon Oil Corporation (NYSE:MRO) posted its earnings results on Thursday, May, 4th. The company reported ($0.07) earnings per share for the quarter, topping analysts' consensus estimates of ($0.08) by $0.01. The firm had revenue of $1.07 billion for the quarter, compared to analysts' expectations of $1.29 billion. Marathon Oil Corporation had a negative return on equity of 2.54% and a negative net margin of 134.01%. The firm's quarterly revenue was up 88.1% on a year-over-year basis. During the same period last year, the firm posted ($0.43) EPS. View Marathon Oil Corporation's Earnings History.

Marathon Oil Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, August, 2nd 2017. View Earnings Estimates for Marathon Oil Corporation.

24 brokerages have issued 1 year price targets for Marathon Oil Corporation's stock. Their predictions range from $9.00 to $29.00. On average, they expect Marathon Oil Corporation's stock price to reach $17.68 in the next year. View Analyst Ratings for Marathon Oil Corporation.

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

• 1. According to Zacks Investment Research, "Marathon Oil's stock price has fallen 30% over the past 6 months, more than the Zacks categorized 'Oil & Gas - U.S. Exploration & Production' industry’s decline of 22%. As it is, with oil falling below the psychologically-critical $50 threshold again, the company's near-to-medium term revenue outlook remains cloudy. We believe Marathon’s earnings and cash flows are bound to feel the heat from the ongoing oil price slump. The year-over-year decline in production and uncertainty regarding its low cost Libyan operations are also cause for concern. Lack of growth catalysts remain another major liability. Given these headwinds, we see Marathon Oil as a risky bet that ordinary investors should exit." (7/20/2017)
• 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 Corporation saw a increase in short interest in the month of July. As of July 14th, there was short interest totalling 51,798,519 shares, an increase of 0.2% from the June 30th total of 51,686,331 shares. Based on an average daily volume of 14,853,411 shares, the short-interest ratio is currently 3.5 days. Currently, 6.1% of the company's stock are sold short.

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

Marathon Oil Corporation's management team includes the folowing people:

• Lee M. Tillman, President, Chief Executive Officer, Director
• Dane E. Whitehead, Chief Financial Officer, Executive Vice President
• Sylvia J. Kerrigan, Executive Vice President, General Counsel, Secretary
• 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

Marathon Oil Corporation's stock is owned by many different of institutional and retail investors. Top institutional investors include RE Advisers Corp (0.35%), Bank of Montreal Can (0.24%), Russell Investments Group Ltd. (0.13%), Flossbach Von Storch AG (0.12%), National Pension Service (0.10%) and Chevy Chase Trust Holdings Inc. (0.09%). View Institutional Ownership Trends for Marathon Oil Corporation.

Marathon Oil Corporation's stock was sold by a variety of institutional investors in the last quarter, including Great West Life Assurance Co. Can, Sentinel Trust Co. LBA, US Bancorp DE, DnB Asset Management AS, Oakbrook Investments LLC, Exxonmobil Investment Management Inc. TX, Aperio Group LLC and Bank of Montreal Can. View Insider Buying and Selling for Marathon Oil Corporation.

Marathon Oil Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Flossbach Von Storch AG, NN Investment Partners Holdings N.V., Mn Services Vermogensbeheer B.V., National Pension Service, Creative Planning, Fox Run Management L.L.C. and Campbell & CO Investment Adviser LLC. View Insider Buying and Selling for Marathon Oil Corporation.

Shares of Marathon Oil Corporation 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 Corporation stock can currently be purchased for approximately $12.23.