Marathon Oil Corporation Company Profile (NYSE:MRO)

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

Marathon Oil Corporation announced a quarterly dividend on Wednesday, April 26th. Stockholders of record on Wednesday, May 17th will be paid a dividend of $0.05 per share on Monday, June 12th. This represents a $0.20 annualized dividend and a dividend yield of 1.73%. The ex-dividend date of this dividend is Monday, May 15th. View Marathon Oil Corporation's Dividend History.

Marathon Oil Corporation (NYSE:MRO) posted its quarterly earnings data on Thursday, May, 4th. The company reported ($0.07) earnings per share for the quarter, topping the consensus estimate of ($0.08) by $0.01. The firm had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.29 billion. Marathon Oil Corporation had a negative net margin of 134.01% and a negative return on equity of 2.54%. The business's quarterly revenue was up 88.1% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.43) EPS. View Marathon Oil Corporation's Earnings History.

24 equities research analysts have issued 1-year target prices for Marathon Oil Corporation's stock. Their predictions range from $9.00 to $29.00. On average, they anticipate Marathon Oil Corporation's share price to reach $18.78 in the next twelve months. View Analyst Ratings for Marathon Oil Corporation.

Here are some recent quotes from research analysts about Marathon Oil Corporation stock:

• 1. According to Zacks Investment Research, "Marathon Oil's stock price has fallen 12% over the past month, more than the Zacks categorized 'Oil & Gas - U.S. Exploration & Production' industry’s decline of 10%. As it is, with oil falling below the psychologically-critical $50 threshold again, the company's near-to-medium term revenue outlook remains cloudy. We believe Marathon’s earnings and cash flows are bound to feel the heat from the ongoing oil price slump. The year-over-year decline in production and uncertainty regarding its low cost Libyan operations are also cause for concern. Lack of growth catalysts remain another major liability. Given these headwinds, we see Marathon Oil as a risky bet that ordinary investors should exit." (5/9/2017)
• 2. FBR & Co analysts commented, "MRO reported 1Q17 earnings after the close on May 4. We see the stock outperforming as an earnings beat and a guidance raise further validate the resource play growth story. MRO raised its resource play growth targets to 20%– 25% (from 15%–20%) from 4Q16 to 4Q17. We continue to have strong conviction in the company’s longer-term growth target of 18%–22% from 2017 to 2021. However, we lower our price target to $20 (from $22) as a result of a lower commodity price deck. MRO hosts its earnings call on May 5 at 9:00 a.m." (5/5/2017)
• 3. KLR Group analysts commented, "Our MRO target price of $24 per share is unchanged following the bolt-on Delaware Basin acquisition. Marathon is acquiring ~21,000 net acres in the Permian Basin for ~$700 million in cash. Pro forma the two Delaware Basin transactions, the company's mid-cycle capital yield improves ~5% to ~105% versus the industry median cash recycle ratio of ~145%. The transactions should close in the second quarter and increase YE'17 net debt-to-EBITDA from ~1.6x to ~1.8x net of the oil sands mining divestiture." (3/23/2017)
• 4. Canaccord Genuity analysts commented, "We maintain a HOLD rating based on valuation." (3/21/2017)

Marathon Oil Corporation saw a increase in short interest in the month of June. As of June 15th, there was short interest totalling 46,888,002 shares, an increase of 13.1% from the May 31st total of 41,440,344 shares. Based on an average daily trading volume, of 14,438,029 shares, the days-to-cover ratio is currently 3.2 days. Approximately 5.5% of the shares of the company are short sold.

Some companies that are related to Marathon Oil Corporation include Apache Corporation (APA), Concho Resources (CXO), Devon Energy Corporation (DVN), Noble Energy (NBL), Continental Resources (CLR), Cabot Oil & Gas Corporation (COG), EQT Corporation (EQT), Cimarex Energy Co (XEC), Diamondback Energy (FANG), Encana Corporation (ECA), EQT GP Holdings, LP (EQGP), Parsley Energy (PE), Antero Resources Corporation (AR), Range Resources Corporation (RRC), Newfield Exploration Company (NFX), Rice Energy (RICE), RSP Permian (RSPP) and Energen Corporation (EGN).

Marathon Oil Corporation's management team includes the folowing people:

• Lee M. Tillman, President, Chief Executive Officer, Director
• Dane E. Whitehead, Chief Financial Officer, Executive Vice President
• Sylvia J. Kerrigan, Executive Vice President, General Counsel, Secretary
• T. Mitch Little, Executive Vice President - Operations
• Reginald D. Hedgebeth, Senior Vice President, General Counsel, Secretary
• Patrick J. Wagner, Senior Vice President - Corporate Development and Strategy
• Gary Eugene Wilson, Chief Accounting Officer, Vice President, Controller
• Catherine L. Krajicek, Vice President - Conventional
• Dennis H. Reilley, Non-Executive Independent Chairman of the Board
• Gaurdie E. Banister Jr., Independent Director

Marathon Oil Corporation's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.65%), Vanguard Group Inc. (10.02%), State Street Corp (5.73%), Hotchkis & Wiley Capital Management LLC (5.73%), Macquarie Group Ltd. (2.98%) and Boston Partners (2.65%). View Institutional Ownership Trends for Marathon Oil Corporation.

Marathon Oil Corporation's stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Wellington Management Group LLP, JPMorgan Chase & Co., FMR LLC, Swedbank, Los Angeles Capital Management & Equity Research Inc., First Trust Advisors LP and Parametric Portfolio Associates LLC. View Insider Buying and Selling for Marathon Oil Corporation.

Marathon Oil Corporation's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Bank of Montreal Can, State Street Corp, National Pension Service, Geode Capital Management LLC, Swiss National Bank and OppenheimerFunds Inc.. View Insider Buying and Selling for Marathon Oil Corporation.

Shares of Marathon Oil Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Marathon Oil Corporation stock can currently be purchased for approximately $11.53.