Marathon Oil Stock Forecast, Price & 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 (WHO). Since then, MRO stock has decreased by 2.4% and is now trading at $3.99.
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27 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marathon Oil in the last year. There are currently 4 sell ratings, 19 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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Marathon Oil is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for Marathon Oil.

Marathon Oil will be holding an earnings conference call on Wednesday, November 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Marathon Oil Co. (NYSE:MRO) issued its earnings results on Wednesday, August, 5th. The oil and gas producer reported ($0.60) EPS for the quarter, beating the consensus estimate of ($0.62) by $0.02. The oil and gas producer earned $272 million during the quarter, compared to the consensus estimate of $530.54 million. Marathon Oil had a negative return on equity of 3.67% and a negative net margin of 16.03%.
View Marathon Oil's earnings history.

Marathon Oil announced a quarterly dividend on Thursday, October 1st. Shareholders of record on Wednesday, November 18th will be given a dividend of $0.03 per share on Thursday, December 10th. This represents a $0.12 dividend on an annualized basis and a yield of 3.01%. The ex-dividend date is Tuesday, November 17th.
View Marathon Oil's dividend history.

27 analysts have issued 12-month price objectives for Marathon Oil's stock. Their forecasts range from $4.00 to $17.00. On average, they anticipate Marathon Oil's share price to reach $7.56 in the next year. This suggests a possible upside of 89.5% from the stock's current price.
View analysts' price targets for Marathon Oil.

Marathon Oil saw a increase in short interest in the month of October. As of October 15th, there was short interest totaling 58,860,000 shares, an increase of 49.6% from the September 30th total of 39,340,000 shares. Based on an average daily trading volume, of 25,010,000 shares, the short-interest ratio is presently 2.4 days. Approximately 7.5% of the company's shares are sold short.
View Marathon Oil's Short Interest.

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), Continental Resources (CLR), Noble Energy (NBL), Diamondback Energy (FANG), EQT (EQT), Devon Energy (DVN), Apache (APA), Cimarex Energy (XEC), WPX Energy (WPX), Range Resources (RRC) and Southwestern Energy (SWN).
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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).

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 Wedge Capital Management L L P NC (0.20%), Nisa Investment Advisors LLC (0.09%), Envestnet Asset Management Inc. (0.09%), State of New Jersey Common Pension Fund D (0.06%), Candriam Luxembourg S.C.A. (0.05%) and Meyer Handelman Co. (0.05%). Company insiders that own Marathon Oil stock include Lee M Tillman and Patrick Wagner.
View institutional ownership trends for Marathon Oil.

MRO stock was sold by a variety of institutional investors in the last quarter, including DekaBank Deutsche Girozentrale, Wedge Capital Management L L P NC, Standard Life Aberdeen plc, State of New Jersey Common Pension Fund D, Cambridge Investment Research Advisors Inc., Meyer Handelman Co., OLD Point Trust & Financial Services N A, and Nisa Investment Advisors LLC.
View insider buying and selling activity for Marathon Oil.

MRO stock was bought by a variety of institutional investors in the last quarter, including Candriam Luxembourg S.C.A., Envestnet Asset Management Inc., Assenagon Asset Management S.A., Campbell & CO Investment Adviser LLC, Dupont Capital Management Corp, Avantax Advisory Services Inc., Hollencrest Capital Management, and Adams Natural Resources Fund Inc.. 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 $3.99.

Marathon Oil has a market capitalization of $3.15 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]