NYSE:MROMarathon Oil Stock Price, Forecast & News

Marathon Oil's stock was trading at $4.09 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, MRO shares have increased by 0.7% and is now trading at $4.12. 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 2 sell ratings, 20 hold ratings and 5 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, May 6th 2020. View our earnings forecast for Marathon Oil.

Marathon Oil Co. (NYSE:MRO) released its quarterly earnings data on Wednesday, February, 12th. The oil and gas producer reported $0.07 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.10 by $0.03. The oil and gas producer had revenue of $1.22 billion for the quarter, compared to analysts' expectations of $1.26 billion. Marathon Oil had a return on equity of 5.02% and a net margin of 9.25%. The firm's quarterly revenue was down 31.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.15 EPS. View Marathon Oil's earnings history.

Marathon Oil announced a quarterly dividend on Wednesday, January 29th. Stockholders 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 annualized dividend and a dividend yield of 4.85%. The ex-dividend date of this dividend is Tuesday, February 18th. View Marathon Oil's dividend history.

27 Wall Street analysts have issued 1 year price objectives for Marathon Oil's stock. Their forecasts range from $2.00 to $21.00. On average, they anticipate Marathon Oil's stock price to reach $11.69 in the next twelve months. This suggests a possible upside of 183.8% from the stock's current price. View analysts' price targets for Marathon Oil.

Media coverage about MRO stock has trended very negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Marathon Oil earned a daily sentiment score of -3.3 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 impact on the company's share price in the near future. View the latest news aboutMarathon Oil.

Marathon Oil saw a increase in short interest in March. As of March 13th, there was short interest totaling 59,542,400 shares, an increase of 86.4% from the February 27th total of 31,940,000 shares. Based on an average daily volume of 17,564,600 shares, the days-to-cover ratio is currently 3.4 days. Currently, 7.5% of the company's stock 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), Devon Energy (DVN), Noble Energy (NBL), EQT (EQT), Apache (APA), Cimarex Energy (XEC), WPX Energy (WPX), Comstock Resources (CRK) and Southwestern Energy (SWN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Marathon Oil investors own include Marathon Petroleum (MPC), Bank of America (BAC), CHIMERA INVT CO/SH NEW (CIM), NVIDIA (NVDA), Micron Technology (MU), Ford Motor (F), Intel (INTC), Exxon Mobil (XOM), Chevron (CVX) and AT&T (T).

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

Marathon Oil's stock is owned by many different institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.07%), Dalton Greiner Hartman Maher & Co. (0.07%), F&V Capital Management LLC (0.05%), Alpine Global Management LLC (0.04%), Spirit of America Management Corp NY (0.01%) and IFM Investors Pty Ltd (0.01%). 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 Dalton Greiner Hartman Maher & Co., Spirit of America Management Corp NY, and IFM Investors Pty Ltd. View insider buying and selling activity for Marathon Oil.

MRO stock was acquired by a variety of institutional investors in the last quarter, including Alpine Global Management LLC, F&V Capital Management LLC, State of Alaska Department of Revenue, and IBM Retirement Fund. 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 $4.12.

Marathon Oil has a market capitalization of $3.28 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. 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]