NYSE:MRO - Marathon 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 shares have decreased by 13.9% and is now trading at $3.52. View which stocks have been mosted impacted by Coronavirus.

23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marathon Oil in the last year. There are currently 1 sell rating, 18 hold ratings and 4 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, May 6th 2020. View our earnings forecast for Marathon Oil.

Marathon Oil Co. (NYSE:MRO) released its earnings results on Wednesday, February, 12th. The oil and gas producer reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.10 by $0.03. The oil and gas producer had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.26 billion. Marathon Oil had a return on equity of 5.02% and a net margin of 9.25%. The company's revenue was down 31.2% on a year-over-year basis. During the same period last year, the business posted $0.15 earnings per share. 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 dividend on an annualized basis and a dividend yield of 5.68%. The ex-dividend date is Tuesday, February 18th. View Marathon Oil's dividend history.

23 brokerages have issued twelve-month price objectives for Marathon Oil's stock. Their forecasts range from $2.00 to $21.00. On average, they expect Marathon Oil's share price to reach $12.80 in the next twelve months. This suggests a possible upside of 263.6% from the stock's current price. View analysts' price targets for Marathon Oil.

News headlines about MRO stock have trended somewhat positive this week, according to InfoTrie Sentiment. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Marathon Oil earned a coverage optimism score of 1.2 on InfoTrie's scale. They also assigned headlines about the oil and gas producer a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutMarathon Oil.

Marathon Oil saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 59,542,400 shares, an increase of 86.4% from the February 27th total of 31,940,000 shares. Based on an average daily volume of 17,564,600 shares, the short-interest ratio is currently 3.4 days. Currently, 7.5% of the shares of the company are short sold. 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), Diamondback Energy (FANG), Continental Resources (CLR), Devon Energy (DVN), Noble Energy (NBL), Apache (APA), EQT (EQT), Cimarex Energy (XEC), WPX Energy (WPX), SRC Energy (SRCI) and Comstock Resources (CRK).

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

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

Marathon Oil's stock is owned by many different retail and institutional investors. Top institutional investors include Macquarie Group Ltd. (8.35%), State Street Corp (5.47%), Hotchkis & Wiley Capital Management LLC (3.88%), Franklin Resources Inc. (2.06%), Franklin Resources Inc. (2.06%) and Geode Capital Management LLC (1.71%). Company insiders that own Marathon Oil stock include Lee M Tillman 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 Janus Henderson Group PLC, AQR Capital Management LLC, Caymus Capital Partners L.P., Bank of Montreal Can, MUFG Securities EMEA plc, Panagora Asset Management Inc., Man Group plc, and Zurcher Kantonalbank Zurich Cantonalbank. View insider buying and selling activity for Marathon Oil.

MRO stock was purchased by a variety of institutional investors in the last quarter, including Macquarie Group Ltd., Norges Bank, Point72 Asset Management L.P., State Street Corp, Hotchkis & Wiley Capital Management LLC, Boston Partners, Bank of New York Mellon Corp, and UBS Asset Management Americas Inc.. 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 $3.52.

Marathon Oil has a market capitalization of $2.80 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. View additional information about Marathon Oil.

The official website for Marathon Oil is http://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]