Marathon Oil Corporation is an exploration and production (E&P) company. The Company operates through three segments: North America E&P, International E&P and Oil Sands Mining. The North America E&P segment explores for, produces and markets crude oil and condensate, natural gas liquids (NGLs) and natural gas in North America. The International E&P segment explores for, produces and markets crude oil and condensate, NGLs and natural gas outside of North America, and produces and markets products manufactured from natural gas, such as liquefied natural gas (LNG) and methanol, in Equatorial Guinea (E.G.). The Oil Sands Mining segment mines, extracts and transports bitumen from oil sands deposits in Alberta, Canada, and upgrades the bitumen to produce and market synthetic crude oil and vacuum gas oil.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Oil & Gas Exploration and Production - NEC
- Sub-Industry: Oil & Gas Exploration & Production
- Symbol: NYSE:MRO
- CUSIP: 56584910
- Web: www.marathonoil.com
- Market Cap: $9.8004 billion
- Outstanding Shares: 849,991,000
- 50 Day Moving Avg: $13.58
- 200 Day Moving Avg: $15.82
- 52 Week Range: $11.40 - $19.28
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 384.33
- P/E Growth: 0.41
- Annual Revenue: $4.47 billion
- Price / Sales: 2.19
- Book Value: $14.81 per share
- Price / Book: 0.78
- Annual Dividend: $0.20
- Dividend Yield: 1.7%
- EBIDTA: $1.7 billion
- Net Margins: -134.01%
- Return on Equity: -2.54%
- Return on Assets: -1.44%
- Debt-to-Equity Ratio: 0.45%
- Current Ratio: 1.21%
- Quick Ratio: 1.16%
- Average Volume: 13.62 million shs.
- Beta: 2.24
- Short Ratio: 3.01
Frequently Asked Questions for Marathon Oil Corporation (NYSE:MRO)
What is Marathon Oil Corporation's stock symbol?
Marathon Oil Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "MRO."
How often does Marathon Oil Corporation pay dividends? What is the dividend yield for Marathon Oil Corporation?
Marathon Oil Corporation announced a quarterly dividend on Wednesday, April 26th. Stockholders of record on Wednesday, May 17th will be paid a dividend of $0.05 per share on Monday, June 12th. This represents a $0.20 annualized dividend and a dividend yield of 1.73%. The ex-dividend date of this dividend is Monday, May 15th. View Marathon Oil Corporation's Dividend History.
How were Marathon Oil Corporation's earnings last quarter?
Marathon Oil Corporation (NYSE:MRO) posted its quarterly earnings data on Thursday, May, 4th. The company reported ($0.07) earnings per share for the quarter, topping the consensus estimate of ($0.08) by $0.01. The firm had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.29 billion. Marathon Oil Corporation had a negative net margin of 134.01% and a negative return on equity of 2.54%. The business's quarterly revenue was up 88.1% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.43) EPS. View Marathon Oil Corporation's Earnings History.
Where is Marathon Oil Corporation's stock going? Where will Marathon Oil Corporation's stock price be in 2017?
24 equities research analysts have issued 1-year target prices for Marathon Oil Corporation's stock. Their predictions range from $9.00 to $29.00. On average, they anticipate Marathon Oil Corporation's share price to reach $18.78 in the next twelve months. View Analyst Ratings for Marathon Oil Corporation.
What are analysts saying about Marathon Oil Corporation stock?
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 12% over the past month, more than the Zacks categorized 'Oil & Gas - U.S. Exploration & Production' industry’s decline of 10%. 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." (5/9/2017)
- 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)
Are investors shorting Marathon Oil Corporation?
Marathon Oil Corporation saw a increase in short interest in the month of June. As of June 15th, there was short interest totalling 46,888,002 shares, an increase of 13.1% from the May 31st total of 41,440,344 shares. Based on an average daily trading volume, of 14,438,029 shares, the days-to-cover ratio is currently 3.2 days. Approximately 5.5% of the shares of the company are short sold.
Who are some of Marathon Oil Corporation's key competitors?
Some companies that are related to Marathon Oil Corporation include Apache Corporation (APA), Concho Resources (CXO), Devon Energy Corporation (DVN), Noble Energy (NBL), Continental Resources (CLR), Cabot Oil & Gas Corporation (COG), EQT Corporation (EQT), Cimarex Energy Co (XEC), Diamondback Energy (FANG), Encana Corporation (ECA), EQT GP Holdings, LP (EQGP), Parsley Energy (PE), Antero Resources Corporation (AR), Range Resources Corporation (RRC), Newfield Exploration Company (NFX), Rice Energy (RICE), RSP Permian (RSPP) and Energen Corporation (EGN).
Who are Marathon Oil Corporation's key executives?
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
Who owns Marathon Oil Corporation stock?
Marathon Oil Corporation's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.65%), Vanguard Group Inc. (10.02%), State Street Corp (5.73%), Hotchkis & Wiley Capital Management LLC (5.73%), Macquarie Group Ltd. (2.98%) and Boston Partners (2.65%). View Institutional Ownership Trends for Marathon Oil Corporation.
Who sold Marathon Oil Corporation stock? Who is selling Marathon Oil Corporation stock?
Marathon Oil Corporation's stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Wellington Management Group LLP, JPMorgan Chase & Co., FMR LLC, Swedbank, Los Angeles Capital Management & Equity Research Inc., First Trust Advisors LP and Parametric Portfolio Associates LLC. View Insider Buying and Selling for Marathon Oil Corporation.
Who bought Marathon Oil Corporation stock? Who is buying Marathon Oil Corporation stock?
Marathon Oil Corporation's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Bank of Montreal Can, State Street Corp, National Pension Service, Geode Capital Management LLC, Swiss National Bank and OppenheimerFunds Inc.. View Insider Buying and Selling for Marathon Oil Corporation.
How do I buy Marathon Oil Corporation stock?
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.
What is Marathon Oil Corporation's stock price today?
MarketBeat Community Rating for Marathon Oil Corporation (NYSE MRO)MarketBeat's community ratings are surveys of what our community members think about Marathon Oil Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Marathon Oil Corporation stock can currently be purchased for approximately $11.53.
Consensus Ratings for Marathon Oil Corporation (NYSE:MRO) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 13 Hold Ratings, 8 Buy Ratings, 2 Strong Buy Ratings|
|Consensus Rating:||Hold (Score: 2.46)|
|Consensus Price Target: ||$18.78 (62.86% upside)|
Analysts' Ratings History for Marathon Oil Corporation (NYSE:MRO)
(Data available from 6/27/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|6/24/2017||Jefferies Group LLC||Set Price Target||Hold||$16.00||Low|
|6/21/2017||Seaport Global Securities||Downgrade||Neutral -> Sell||$17.00 -> $9.00||High|
|6/21/2017||Morgan Stanley||Upgrade||Underweight -> Equal Weight||$17.00 -> $14.00||High|
|6/2/2017||Royal Bank Of Canada||Set Price Target||Hold||$20.00||Low|
|5/23/2017||FBR & Co||Reiterated Rating||Buy||$20.00||Low|
|5/16/2017||Scotiabank||Set Price Target||Buy||$23.00||Low|
|5/15/2017||BMO Capital Markets||Reiterated Rating||Hold||$20.00||N/A|
|5/11/2017||Bank of America Corporation||Downgrade||Buy -> Neutral||$25.00 -> $22.00||Medium|
|4/20/2017||Barclays PLC||Reiterated Rating||Hold||$17.00 -> $15.00||Low|
|4/12/2017||Stifel Nicolaus||Initiated Coverage||Hold -> Hold||$17.00||High|
|3/23/2017||KLR Group||Reiterated Rating||Buy||$24.00||Medium|
|3/21/2017||Canaccord Genuity||Reiterated Rating||Hold||$17.00||Low|
|3/10/2017||Susquehanna Bancshares Inc||Upgrade||Neutral -> Positive||$17.00||Low|
|3/1/2017||Credit Suisse Group||Reiterated Rating||Hold||$20.00||N/A|
|2/1/2017||Howard Weil||Upgrade||Sector Perform -> Outperform||N/A|
|12/15/2016||Nomura||Downgrade||Buy -> Neutral||N/A|
|12/15/2016||Instinet||Downgrade||Buy -> Neutral||$15.00 -> $19.00||N/A|
|11/28/2016||R. F. Lafferty||Initiated Coverage||Buy||$29.00||N/A|
|11/4/2016||Deutsche Bank AG||Reiterated Rating||Buy||N/A|
|9/9/2016||Societe Generale||Downgrade||Buy -> Hold||N/A|
|7/7/2016||Raymond James Financial, Inc.||Upgrade||Outperform -> Strong-Buy||$18.00||N/A|
|6/27/2016||Wolfe Research||Upgrade||Underperform -> Market Perform||N/A|
|6/21/2016||Capital One Financial Corporation||Upgrade||Equal Weight -> Overweight||$15.00 -> $17.00||N/A|
|5/31/2016||Piper Jaffray Companies||Upgrade||Neutral -> Overweight||$16.00||N/A|
|4/13/2016||Wells Fargo & Company||Downgrade||Outperform -> Market Perform||N/A|
|1/27/2016||Atlantic Securities||Downgrade||Overweight -> Neutral||$23.00 -> $10.00||N/A|
|12/11/2015||Argus||Downgrade||Buy -> Hold||N/A|
|12/9/2015||J P Morgan Chase & Co||Initiated Coverage||Underweight||$15.00||N/A|
|11/6/2015||Tudor Pickering||Downgrade||Buy -> Hold||$35.00||N/A|
|8/10/2015||Oppenheimer Holdings, Inc.||Downgrade||Outperform -> Market Perform||$30.91 -> $18.40||N/A|
Earnings History for Marathon Oil Corporation (NYSE:MRO)Earnings History by Quarter for Marathon Oil Corporation (NYSE MRO)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/4/2017||Q1 2017||($0.08)||($0.07)||$1.29 billion||$1.07 billion||View||Listen|
|2/15/2017||Q4 2016||($0.15)||($0.10)||$1.19 billion||$1.39 billion||View||N/A|
|11/2/2016||Q316||($0.20)||($0.11)||$1.10 billion||$1.23 billion||View||Listen|
|8/3/2016||Q2||($0.25)||($0.23)||$1.12 billion||$1.30 billion||View||N/A|
|5/4/2016||Q1||($0.46)||($0.43)||$903.27 million||$730.00 million||View||Listen|
|2/17/2016||Q4||($0.48)||($0.48)||$1.26 billion||$1.48 billion||View||Listen|
|11/4/2015||Q3||($0.40)||($0.20)||$1.38 billion||$1.32 billion||View||N/A|
|8/5/2015||Q2||($0.23)||($0.23)||$2.94 billion||$1.53 billion||View||N/A|
|5/6/2015||Q1 2015||($0.46)||($0.37)||$1.79 billion||$1.53 billion||View||N/A|
|2/18/2015||Q4||$0.03||($0.13)||$2.41 billion||$2.50 billion||View||N/A|
|11/3/2014||Q314||$0.58||$0.57||$2.93 billion||$2.97 billion||View||N/A|
|8/4/2014||Q214||$0.74||$0.62||$3.19 billion||$2.94 billion||View||N/A|
|2/5/2014||Q413||$0.72||$0.60||$3.57 billion||$3.29 million||View||N/A|
|10/31/2013||Q313||$0.76||$0.59||$3.80 billion||$26.27 billion||View||N/A|
|8/6/2013||Q2 2013||$0.71||$0.67||$3.84 billion||$3.90 billion||View||N/A|
|5/7/2013||Q1 2013||$0.72||$0.51||$4.25 billion||$4.11 billion||View||N/A|
|2/6/2013||Q4 2012||$0.69||$0.55||$4.09 billion||$4.24 billion||View||N/A|
|11/6/2012||Q312||$0.64||$0.64||$3.19 billion||$4.16 billion||View||N/A|
Earnings Estimates for Marathon Oil Corporation (NYSE:MRO)
2017 EPS Consensus Estimate: ($0.32)
2018 EPS Consensus Estimate: ($0.89)
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Marathon Oil Corporation (NYSE:MRO)
|Most Recent Dividend:||6/12/2017|
|Dividend Growth:||-34.80% (3 Year Average)|
|Payout Ratio:||-2.53% (Trailing 12 Months of Earnings) |
-95.24% (Based on This Year's Estimates)
666.67% (Based on Next Year's Estimates)
Dividend History by Quarter for Marathon Oil Corporation (NYSE MRO)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Marathon Oil Corporation (NYSE:MRO)
Insider Ownership Percentage: 0.40%Insider Trades by Quarter for Marathon Oil Corporation (NYSE:MRO)
Institutional Ownership Percentage: 81.97%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|3/10/2015||Lee M Tillman||CEO||Buy||28,791||$26.00||$748,566.00|| |
|3/7/2014||Annell Bay||VP||Sell||112,242||$34.10||$3,827,452.20|| |
|12/13/2013||Howard Sr Thill, Sr.||VP||Sell||67,638||$35.95||$2,431,586.10|| |
|9/12/2013||Steven Guidry||VP||Sell||35,774||$36.35||$1,300,384.90|| |
|5/16/2013||Michael K Stewart||Insider||Sell||2,221||$35.34||$78,490.14|| |
|2/15/2013||Thomas Mitchell Little||VP||Sell||6,836||$34.65||$236,867.40|| |
Headline Trends for Marathon Oil Corporation (NYSE:MRO)
Latest Headlines for Marathon Oil Corporation (NYSE:MRO)
Marathon Oil Corporation (MRO) Chart for Tuesday, June, 27, 2017