NYSE:MRO - Marathon Oil Stock Price, Forecast & News

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

Marathon Oil announced a quarterly dividend on Wednesday, October 30th. Stockholders of record on Wednesday, November 20th will be given a dividend of $0.05 per share on Tuesday, December 10th. This represents a $0.20 annualized dividend and a dividend yield of 1.52%. The ex-dividend date is Tuesday, November 19th. View Marathon Oil's Dividend History.

Marathon Oil Co. (NYSE:MRO) posted its earnings results on Wednesday, November, 6th. The oil and gas producer reported $0.14 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.04 by $0.10. The oil and gas producer had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.26 billion. Marathon Oil had a net margin of 15.51% and a return on equity of 5.56%. The business's quarterly revenue was down 19.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.24 earnings per share. View Marathon Oil's Earnings History.

Marathon Oil is scheduled to release their next quarterly earnings announcement on Wednesday, February 12th 2020. View Earnings Estimates for Marathon Oil.

19 brokers have issued twelve-month price targets for Marathon Oil's stock. Their forecasts range from $13.00 to $22.00. On average, they expect Marathon Oil's share price to reach $17.25 in the next twelve months. This suggests a possible upside of 30.9% from the stock's current price. View Analyst Price Targets for Marathon Oil.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marathon Oil in the last year. There are currently 12 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Marathon Oil.

News coverage about MRO stock has trended positive on Friday, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Marathon Oil earned a coverage optimism score of 3.0 on InfoTrie's scale. They also assigned media coverage about the oil and gas producer a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the near term. View News Stories for Marathon Oil.

Marathon Oil saw a decrease in short interest in the month of December. As of December 31st, there was short interest totalling 22,720,000 shares, a decrease of 14.1% from the December 15th total of 26,450,000 shares. Based on an average trading volume of 11,210,000 shares, the short-interest ratio is currently 2.0 days. Currently, 2.9% of the company's stock 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), Diamondback Energy (FANG), Apache (APA), Continental Resources (CLR), Noble Energy (NBL), Devon Energy (DVN), Cabot Oil & Gas (COG), Cimarex Energy (XEC), WPX Energy (WPX), Kosmos Energy (KOS), EQT (EQT) and Matador Resources (MTDR).

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

Marathon Oil's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Hexavest Inc. (0.18%), Wedge Capital Management L L P NC (0.17%), Dalton Greiner Hartman Maher & Co. (0.08%), State of Alaska Department of Revenue (0.07%), F&V Capital Management LLC (0.04%) and Assenagon Asset Management S.A. (0.02%). 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 Nisa Investment Advisors LLC, Spirit of America Management Corp NY, Wedge Capital Management L L P NC, State of Alaska Department of Revenue, IFP Advisors Inc, IFM Investors Pty Ltd, Gateway Investment Advisers LLC and Dalton Greiner Hartman Maher & Co.. View Insider Buying and Selling for Marathon Oil.

MRO stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Eidelman Virant Capital, F&V Capital Management LLC, Alpine Global Management LLC, Strategic Blueprint LLC, Salem Capital Management Inc., Hexavest Inc. and DNB Asset Management AS. View Insider Buying and Selling 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 $13.18.

Marathon Oil has a market capitalization of $10.49 billion and generates $6.58 billion in revenue each year. The oil and gas producer earns $1.10 billion in net income (profit) each year or $0.71 on an earnings per share basis. Marathon Oil employs 2,400 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]