NYSE:MROMarathon Oil Stock Price, Forecast & News

Marathon Oil's stock was trading at $4.09 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MRO stock has increased by 28.9% and is now trading at $5.27. 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 will be holding an earnings conference call on Wednesday, August 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Marathon Oil Co. (NYSE:MRO) posted its quarterly earnings data on Wednesday, May, 6th. The oil and gas producer reported ($0.16) EPS for the quarter, missing the Zacks' consensus estimate of ($0.13) by $0.03. The oil and gas producer earned $1.23 billion during the quarter, compared to analysts' expectations of $1.04 billion. Marathon Oil had a net margin of 4.98% and a return on equity of 1.90%. The business's revenue for the quarter was up 2.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.31 earnings per share. View Marathon Oil's earnings history.

Marathon Oil declared a quarterly dividend on Wednesday, January 29th. Stockholders of record on Wednesday, February 19th will be paid a dividend of $0.05 per share on Tuesday, March 10th. This represents a $0.20 annualized dividend and a yield of 3.80%. The ex-dividend date of this dividend is Tuesday, February 18th. View Marathon Oil's dividend history.

27 Wall Street analysts have issued 12 month price targets for Marathon Oil's stock. Their forecasts range from $4.00 to $21.00. On average, they expect Marathon Oil's share price to reach $10.80 in the next year. This suggests a possible upside of 104.9% from the stock's current price. View analysts' price targets for Marathon Oil.

News coverage about MRO stock has been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Marathon Oil earned a media sentiment score of -1.6 on InfoTrie's scale. They also gave press coverage about the oil and gas producer a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near future. View the latest news about Marathon Oil.

Marathon Oil saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 45,680,000 shares, a decrease of 8.8% from the June 15th total of 50,070,000 shares. Based on an average daily trading volume, of 45,830,000 shares, the days-to-cover ratio is currently 1.0 days. Approximately 5.8% of the company's stock 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), Diamondback Energy (FANG), Continental Resources (CLR), 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 number of institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.04%), Sanders Morris Harris LLC (0.01%), Municipal Employees Retirement System of Michigan (0.00%) and Beacon Financial Advisory LLC (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 Envestnet Asset Management Inc., and Municipal Employees Retirement System of Michigan. View insider buying and selling activity for Marathon Oil.

MRO stock was bought by a variety of institutional investors in the last quarter, including Sanders Morris Harris LLC, and Beacon Financial Advisory LLC. Company insiders that have bought Marathon Oil stock in the last two years include Lee M Tillman, and Patrick Wagner. 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 $5.27.

Marathon Oil has a market capitalization of $4.16 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]