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 declared a quarterly dividend on Wednesday, October 30th. Shareholders of record on Wednesday, November 20th will be paid a dividend of $0.05 per share on Tuesday, December 10th. This represents a $0.20 annualized dividend and a yield of 1.56%. The ex-dividend date of this dividend is Tuesday, November 19th. View Marathon Oil's Dividend History.

Marathon Oil Co. (NYSE:MRO) announced its quarterly earnings results on Wednesday, November, 6th. The oil and gas producer reported $0.14 earnings per share for the quarter, topping analysts' consensus estimates of $0.04 by $0.10. The oil and gas producer earned $1.35 billion during 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 company's revenue for the quarter was down 19.3% compared to the same quarter last year. During the same period last year, the business 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 analysts have issued 12-month price targets for Marathon Oil's shares. Their forecasts range from $13.00 to $22.00. On average, they anticipate Marathon Oil's share price to reach $17.25 in the next twelve months. This suggests a possible upside of 34.2% 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.

Headlines about MRO stock have trended somewhat positive on Wednesday, according to InfoTrie Sentiment. The research group ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Marathon Oil earned a media sentiment score of 0.7 on InfoTrie's scale. They also gave headlines about the oil and gas producer a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Marathon Oil.

Marathon Oil saw a drop in short interest during the month of December. As of December 31st, there was short interest totalling 22,720,000 shares, a drop of 14.1% from the December 15th total of 26,450,000 shares. Based on an average daily trading volume, of 11,210,000 shares, the days-to-cover ratio is currently 2.0 days. Currently, 2.9% of the company's shares 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), WPX Energy (WPX), Cimarex Energy (XEC), 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), Marathon Petroleum (MPC), CHIMERA INVT CO/SH NEW (CIM), NVIDIA (NVDA), Micron Technology (MU), Intel (INTC), AT&T (T), Exxon Mobil (XOM), Ford Motor (F) and Cisco Systems (CSCO).

Marathon Oil's stock is owned by a number of of institutional and retail investors. Top institutional investors include Hexavest Inc. (0.18%), Wedge Capital Management L L P NC (0.17%), Caymus Capital Partners L.P. (0.09%), Dalton Greiner Hartman Maher & Co. (0.08%), State of Alaska Department of Revenue (0.07%) and F&V Capital Management LLC (0.04%). 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 Caymus Capital Partners L.P., Zurcher Kantonalbank Zurich Cantonalbank , Nisa Investment Advisors LLC, Spirit of America Management Corp NY, Wedge Capital Management L L P NC, State of Alaska Department of Revenue, Meag Munich Ergo Kapitalanlagegesellschaft MBH and CENTRAL TRUST Co. View Insider Buying and Selling for Marathon Oil.

MRO stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Eidelman Virant Capital, Wealthfront Advisers LLC, F&V Capital Management LLC, Alpine Global Management LLC, Strategic Blueprint LLC, Salem Capital Management Inc. and Hexavest Inc.. 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 $12.85.

Marathon Oil has a market capitalization of $10.23 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]