NYSE:MROMarathon Oil Stock Price, Forecast & News

Marathon Oil's stock was trading at $4.09 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, MRO stock has increased by 43.3% and is now trading at $5.86. View which stocks have been most impacted by Coronavirus.

27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marathon Oil in the last year. There are currently 4 sell ratings, 21 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Marathon Oil.

Marathon Oil is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Marathon Oil.

Marathon Oil Co. (NYSE:MRO) announced its quarterly earnings results on Wednesday, May, 6th. The oil and gas producer reported ($0.16) EPS for the quarter, missing analysts' consensus estimates of ($0.13) by $0.03. The oil and gas producer had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.04 billion. Marathon Oil had a net margin of 4.98% and a return on equity of 1.90%. The company's revenue was up 2.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.31 EPS. View Marathon Oil's earnings history.

Marathon Oil announced a quarterly dividend on Wednesday, January 29th. Shareholders of record on Wednesday, February 19th will be given a dividend of $0.05 per share on Tuesday, March 10th. This represents a $0.20 annualized dividend and a dividend yield of 3.41%. The ex-dividend date of this dividend is Tuesday, February 18th. View Marathon Oil's dividend history.

27 brokers have issued 12 month target prices for Marathon Oil's shares. Their forecasts range from $4.00 to $21.00. On average, they anticipate Marathon Oil's share price to reach $10.80 in the next year. This suggests a possible upside of 84.3% from the stock's current price. View analysts' price targets for Marathon Oil.

News articles about MRO stock have trended negative on Monday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Marathon Oil earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned press coverage about the oil and gas producer a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about Marathon Oil.

Marathon Oil saw a decline in short interest in June. As of June 30th, there was short interest totaling 45,680,000 shares, a decline of 8.8% from the June 15th total of 50,070,000 shares. Based on an average trading volume of 45,830,000 shares, the days-to-cover ratio is presently 1.0 days. Currently, 5.8% of the company's shares are sold short. View Marathon Oil's Current Options Chain.

Some companies that are related to Marathon Oil include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Cabot Oil & Gas (COG), Continental Resources (CLR), Diamondback Energy (FANG), Apache (APA), Noble Energy (NBL), Devon Energy (DVN), EQT (EQT), WPX Energy (WPX), Cimarex Energy (XEC), Range Resources (RRC) and Southwestern Energy (SWN). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Marathon Oil investors own include Bank of America (BAC), Marathon Petroleum (MPC), Exxon Mobil (XOM), NVIDIA (NVDA), CHIMERA INVT CO/SH NEW (CIM), Ford Motor (F), Intel (INTC), Micron Technology (MU), AT&T (T) and Chevron (CVX).

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

Marathon Oil's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Municipal Employees Retirement System of Michigan (0.00%). Company insiders that own Marathon Oil stock include Lee M Tillman, Patrick Wagner and Thomas Mitchell Little. View institutional ownership trends for Marathon Oil.

MRO stock was sold by a variety of institutional investors in the last quarter, including Municipal Employees Retirement System of Michigan. View insider buying and selling activity for Marathon Oil.

Shares of MRO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of MRO stock can currently be purchased for approximately $5.86.

Marathon Oil has a market capitalization of $4.63 billion and generates $5.19 billion in revenue each year. The oil and gas producer earns $480 million in net income (profit) each year or $0.75 on an earnings per share basis. Marathon Oil employs 2,000 workers across the globe.

The official website for Marathon Oil is www.marathonoil.com.

Marathon Oil's mailing address is 5555 SAN FELIPE STREET, HOUSTON TX, 77056. The oil and gas producer can be reached via phone at 713-629-6600 or via email at [email protected]