Marathon Oil - MRO Stock Forecast, Price & News

16 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Marathon Oil in the last twelve months. There are currently 2 sell ratings, 4 hold ratings, 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MRO shares.
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16 Wall Street research analysts have issued 12-month target prices for Marathon Oil's stock. Their MRO share price forecasts range from $19.00 to $41.00. On average, they expect the company's share price to reach $30.88 in the next year. This suggests a possible upside of 31.9% from the stock's current price.
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Marathon Oil's stock was trading at $16.42 at the beginning of the year. Since then, MRO shares have increased by 42.6% and is now trading at $23.41.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
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Marathon Oil Co. (NYSE:MRO) issued its quarterly earnings results on Wednesday, November, 3rd. The oil and gas producer reported $0.39 earnings per share for the quarter, beating analysts' consensus estimates of $0.31 by $0.08. The oil and gas producer earned $1.45 billion during the quarter, compared to analyst estimates of $1.32 billion. Marathon Oil had a net margin of 42.46% and a trailing twelve-month return on equity of 23.30%. During the same quarter last year, the company earned ($0.28) EPS.
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Marathon Oil declared a quarterly dividend on Wednesday, July 27th. Investors of record on Wednesday, August 17th will be given a dividend of $0.08 per share on Monday, September 12th. This represents a $0.32 dividend on an annualized basis and a yield of 1.37%. The ex-dividend date of this dividend is Tuesday, August 16th.
Read our dividend analysis for MRO.

Marathon Oil (NYSE:MRO) pays an annual dividend of $0.32 per share and currently has a dividend yield of 1.39%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 7.58%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MRO will have a dividend payout ratio of 7.11% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MRO.

132 employees have rated Marathon Oil Chief Executive Officer Lee Tillman on Glassdoor.com. Lee Tillman has an approval rating of 56% among the company's employees. This puts Lee Tillman in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Marathon Oil investors own include Bank of America (BAC), Exxon Mobil (XOM), Intel (INTC), NVIDIA (NVDA), Ford Motor (F), General Electric (GE), Marathon Petroleum (MPC), AT&T (T), Micron Technology (MU) 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 retail and institutional investors. Top institutional investors include State Street Corp (6.68%), FMR LLC (2.45%), Northern Trust Corp (1.28%), AQR Capital Management LLC (0.57%), PointState Capital LP (0.55%) and Encompass Capital Advisors LLC (0.54%). Insiders that own company stock include Dane E Whitehead, Gary Eugene Wilson, Lee M Tillman, Lee M Tillman, Michael A Henderson, Patrick Wagner and Rob L White.
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Shares of MRO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MRO stock can currently be purchased for approximately $23.41.

Marathon Oil (NYSE:MRO) has a market capitalization of $16.57 billion and generates $5.47 billion in revenue each year. The oil and gas producer earns $946 million in net income (profit) each year or $4.22 on an earnings per share basis.

The company employs 1,531 workers across the globe.

Marathon Oil was founded in 1887.

Marathon Oil's mailing address is 5555 SAN FELIPE STREET, HOUSTON TX, 77056. The official website for the company is www.marathonoil.com. The oil and gas producer can be reached via phone at (713) 629-6600, via email at investorrelations@marathonoil.com, or via fax at 713-296-2952.