Marathon Oil - MRO Stock Forecast, Price & News

18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Marathon Oil in the last twelve months. There are currently 2 sell ratings, 5 hold ratings, 10 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.
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18 equities research analysts have issued 12 month price objectives for Marathon Oil's shares. Their MRO share price forecasts range from $25.00 to $48.00. On average, they predict the company's stock price to reach $33.88 in the next year. This suggests a possible upside of 30.1% from the stock's current price.
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Marathon Oil's stock was trading at $27.07 on January 1st, 2023. Since then, MRO stock has decreased by 3.8% and is now trading at $26.03.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
View our MRO earnings forecast.

Marathon Oil will be holding an earnings conference call on Thursday, February 16th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Marathon Oil Co. (NYSE:MRO) released its quarterly earnings data on Wednesday, November, 3rd. The oil and gas producer reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.08. The oil and gas producer had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.32 billion. Marathon Oil had a net margin of 46.11% and a trailing twelve-month return on equity of 27.76%. During the same quarter last year, the business posted ($0.28) EPS.
Read the conference call transcript.

Marathon Oil declared a quarterly dividend on Wednesday, January 25th. Stockholders of record on Wednesday, February 15th will be paid a dividend of $0.10 per share on Friday, March 10th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.54%. The ex-dividend date of this dividend is Tuesday, February 14th. This is a boost from the stock's previous quarterly dividend of $0.09.
Read our dividend analysis for MRO.

Marathon Oil (NYSE:MRO) pays an annual dividend of $0.36 per share and currently has a dividend yield of 1.38%. The company has been increasing its dividend for 3 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 9.78% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MRO.

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.

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 a variety of institutional and retail investors. Top institutional shareholders include Fisher Asset Management LLC (1.29%), Assenagon Asset Management S.A. (0.53%), Sumitomo Mitsui Trust Holdings Inc. (0.30%), National Bank of Canada FI (0.27%), New York State Common Retirement Fund (0.27%) and Strs Ohio (0.20%). 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.
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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.
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One share of MRO stock can currently be purchased for approximately $26.03.

Marathon Oil (NYSE:MRO) has a market capitalization of $16.48 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.

The company employs 1,531 workers across the globe.

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.