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GOOGL   96.09 (-1.41%)
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MU   56.17 (-3.83%)
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DIS   96.14 (-2.76%)
AMC   7.26 (-3.33%)
PYPL   80.47 (+0.49%)
PFE   49.19 (-0.04%)
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NYSE:MRO

Marathon Oil - MRO Stock Forecast, Price & News

$29.94
-0.44 (-1.45%)
(As of 11/28/2022 12:10 PM ET)
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Today's Range
$29.08
$30.07
50-Day Range
$21.09
$33.03
52-Week Range
$14.29
$33.42
Volume
240,634 shs
Average Volume
18.12 million shs
Market Capitalization
$19.01 billion
P/E Ratio
5.75
Dividend Yield
1.18%
Price Target
$32.75

Marathon Oil MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.53 Rating Score
Upside/​Downside
12.7% Upside
$33.44 Price Target
Short Interest
Healthy
3.95% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-8.26
Upright™ Environmental Score
News Sentiment
0.34mentions of Marathon Oil in the last 14 days
Based on 20 Articles This Week
Insider Trading
Selling Shares
$15 M Sold Last Quarter
Proj. Earnings Growth
-12.42%
From $4.59 to $4.02 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.52 out of 5 stars

Oils/Energy Sector

94th out of 245 stocks

Crude Petroleum & Natural Gas Industry

42nd out of 80 stocks

MRO stock logo

About Marathon Oil (NYSE:MRO) Stock

Marathon Oil Corporation operates as an independent exploration and production company in the United States and internationally. The company engages in the exploration, production, and marketing of crude oil and condensate, natural gas liquids, and natural gas; and the production and marketing of products manufactured from natural gas, such as liquefied natural gas and methanol. It also owns and operates 32 central gathering and treating facilities; and the Sugarloaf gathering system, a 42-mile natural gas pipeline through Karnes and Atascosa Counties. The company was formerly known as USX Corporation and changed its name to Marathon Oil Corporation in December 2001. Marathon Oil Corporation was founded in 1887 and is headquartered in Houston, Texas.

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MRO Stock News Headlines

It’s Still Not Too Late To Get Into Energy Stocks (MRO)
the energy sector is marching higher on results that include plans for increased dividends and share repurchases and new all-time highs are in sight.
Raymond James Boosts Marathon Oil (NYSE:MRO) Price Target to $48.00
Brokerages Set Marathon Oil Co. (NYSE:MRO) PT at $32.44
Marathon Oil: Solid Oil Equivalent Production In Q3 2022
Piper Sandler Raises Marathon Oil (NYSE:MRO) Price Target to $42.00
Analyzing Marathon Oil's Short Interest
Marathon Oil: Impressive Focus On Capital Returns
Massive Insider Trade At Marathon Oil
Billionaire Ray Dalio’s Top 10 Energy Stock Picks
10 Analysts Have This to Say About Marathon Oil
See More Headlines
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MRO Company Calendar

Last Earnings
11/03/2021
Ex-Dividend for 9/12 Dividend
8/16/2022
Dividend Payable
9/12/2022
Ex-Dividend for 12/12 Dividend
11/15/2022
Today
11/28/2022
Dividend Payable
12/12/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/15/2023

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Oil & Gas Exploration & Production
CUSIP
56584910
Employees
1,531
Year Founded
1887

Price Target and Rating

Average Stock Price Forecast
$33.44
High Stock Price Forecast
$48.00
Low Stock Price Forecast
$25.00
Forecasted Upside/Downside
+9.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.53
Research Coverage
17 Analysts

Profitability

Net Income
$946 million
Pretax Margin
46.55%

Debt

Sales & Book Value

Annual Sales
$5.47 billion
Cash Flow
$4.19 per share
Book Value
$13.73 per share

Miscellaneous

Free Float
631,766,000
Market Cap
$19.01 billion
Optionable
Optionable
Beta
2.47

Social Links


Key Executives

  • Mr. Lee M. TillmanMr. Lee M. Tillman (Age 60)
    Chairman, Pres & CEO
    Comp: $4.88M
  • Mr. Dane E. WhiteheadMr. Dane E. Whitehead (Age 61)
    Exec. VP & CFO
    Comp: $1.7M
  • Mr. Michael A. HendersonMr. Michael A. Henderson
    Exec. VP of Operations
  • Ms. Kimberly O. Warnica (Age 48)
    Exec. VP, Gen. Counsel & Sec.
    Comp: $997.26k
  • Mr. Patrick J. WagnerMr. Patrick J. Wagner (Age 57)
    Exec. VP of Corp. Devel. & Strategy
    Comp: $1.45M
  • Mr. Rob L. White
    VP, Controller & Chief Accounting Officer
  • Mr. Bruce A. McCullough
    Sr. VP of Technology & Innovation and Chief Information Officer
  • Mr. Guy Allen Baber IV
    CPA, VP of Investor Relations
  • Ms. Jill Ramshaw
    VP of HR













MRO Stock - Frequently Asked Questions

Should I buy or sell Marathon Oil stock right now?

17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Marathon Oil in the last year. There are currently 2 sell ratings, 5 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.
View MRO analyst ratings
or view top-rated stocks.

What is Marathon Oil's stock price forecast for 2023?

17 brokers have issued twelve-month target prices for Marathon Oil's shares. Their MRO share price forecasts range from $25.00 to $42.00. On average, they predict the company's share price to reach $32.75 in the next year. This suggests a possible upside of 7.8% from the stock's current price.
View analysts price targets for MRO
or view top-rated stocks among Wall Street analysts.

How have MRO shares performed in 2022?

Marathon Oil's stock was trading at $16.42 at the beginning of 2022. Since then, MRO shares have increased by 85.0% and is now trading at $30.38.
View the best growth stocks for 2022 here
.

When is Marathon Oil's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
View our MRO earnings forecast
.

How were Marathon Oil's earnings last quarter?

Marathon Oil Co. (NYSE:MRO) released its 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 had revenue of $1.45 billion for the quarter, compared to analysts' expectations of $1.32 billion. Marathon Oil had a trailing twelve-month return on equity of 27.76% and a net margin of 46.11%. During the same quarter last year, the company earned ($0.28) EPS.
Read the conference call transcript
.

How often does Marathon Oil pay dividends? What is the dividend yield for Marathon Oil?

Marathon Oil announced a quarterly dividend on Wednesday, October 26th. Shareholders of record on Wednesday, November 16th will be given a dividend of $0.09 per share on Monday, December 12th. This represents a $0.36 annualized dividend and a yield of 1.18%. The ex-dividend date of this dividend is Tuesday, November 15th. This is a boost from the stock's previous quarterly dividend of $0.08.
Read our dividend analysis for MRO
.

Is Marathon Oil a good dividend stock?

Marathon Oil (NYSE:MRO) pays an annual dividend of $0.36 per share and currently has a dividend yield of 1.18%. 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 6.91%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MRO will have a dividend payout ratio of 8.96% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MRO.

What is Lee Tillman's approval rating as Marathon Oil's CEO?

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.

What other stocks do shareholders of Marathon Oil own?

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).

What is Marathon Oil's stock symbol?

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

Who are Marathon Oil's major shareholders?

Marathon Oil's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (12.42%), State Street Corp (7.35%), Dimensional Fund Advisors LP (1.36%), Fisher Asset Management LLC (1.18%), Bank of New York Mellon Corp (1.17%) and First Trust Advisors LP (1.04%). 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.
View institutional ownership trends
.

How do I buy shares of Marathon Oil?

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.
Compare Top Brokerages Here.

What is Marathon Oil's stock price today?

One share of MRO stock can currently be purchased for approximately $30.38.

How much money does Marathon Oil make?

Marathon Oil (NYSE:MRO) has a market capitalization of $19.29 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 $5.21 on an earnings per share basis.

How many employees does Marathon Oil have?

The company employs 1,531 workers across the globe.

Does Marathon Oil have any subsidiaries?
The following companies are subsidiares of Marathon Oil: AMPCO Marketing L.L.C., AMPCO Services L.L.C., Alba Associates LLC, Alba Equatorial Guinea Partnership L.P., Alba Plant LLC, Atlantic Methanol Associates LLC, Atlantic Methanol Production Company LLC, E.G. Global LNG Services Ltd., Equatorial Guinea LNG Company S.A., Equatorial Guinea LNG Holdings Limited, Equatorial Guinea LNG Operations S.A., Equatorial Guinea LNG Train 1 S.A., Globex Energy Inc, Marathon E.G. Alba Limited, Marathon E.G. Holding Limited, Marathon E.G. International Limited, Marathon E.G. LNG Holding Limited, Marathon E.G. LPG Limited, Marathon E.G. Production Limited, Marathon Eagle Ford Midstream LLC, Marathon East Texas Holdings LLC, Marathon International Investment LLC, Marathon International Oil Angola Block 31 Limited, Marathon International Oil Company, Marathon International Oil Holdings LLC, Marathon Oil (East Texas) L.P., Marathon Oil (West Texas) L.P., Marathon Oil Company, Marathon Oil Corporation, Marathon Oil Dutch Holdings B.V., Marathon Oil EF II LLC, Marathon Oil EF LLC, Marathon Oil Holdings Limited, Marathon Oil Investment LLC, Marathon Oil KDV B.V., Marathon Oil Permian LLC, Marathon West Texas Holdings LLC, PayRock Energy, Pennaco Energy, and Pennaco Energy Inc..
Read More
How can I contact Marathon Oil?

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.

This page (NYSE:MRO) was last updated on 11/28/2022 by MarketBeat.com Staff