NYSE:MROMarathon Oil Stock Price, Forecast & News

Marathon Oil's stock was trading at $4.09 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MRO stock has increased by 51.1% and is now trading at $6.18. 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 Co. (NYSE:MRO) announced its earnings results on Wednesday, May, 6th. The oil and gas producer reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.13) by $0.03. The oil and gas producer had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.04 billion. Marathon Oil had a return on equity of 1.90% and a net margin of 4.98%. The firm's quarterly revenue was up 2.8% on a year-over-year basis. During the same quarter last year, the business earned $0.31 EPS. View Marathon Oil's earnings history.

Marathon Oil announced a quarterly dividend on Wednesday, January 29th. Shareholders of record on Wednesday, February 19th will be given a dividend of $0.05 per share on Tuesday, March 10th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 3.24%. 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 objectives 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 74.8% from the stock's current price. View analysts' price targets for Marathon Oil.

News articles about MRO stock have trended very negative on Thursday, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Marathon Oil earned a news impact score of -3.3 on InfoTrie's scale. They also gave press coverage about the oil and gas producer a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news about Marathon Oil.

Marathon Oil saw a decline in short interest during the month of June. As of June 15th, there was short interest totaling 50,070,000 shares, a decline of 23.4% from the May 31st total of 65,370,000 shares. Based on an average daily trading volume, of 49,710,000 shares, the short-interest ratio is currently 1.0 days. Currently, 6.4% 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), Cabot Oil & Gas (COG), Diamondback Energy (FANG), Continental Resources (CLR), Apache (APA), Noble Energy (NBL), Devon Energy (DVN), WPX Energy (WPX), EQT (EQT), 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."

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 $6.18.

Marathon Oil has a market capitalization of $4.88 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]