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Dems push Biden climate, health priorities toward Senate OK
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S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
pixel
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Dems push Biden climate, health priorities toward Senate OK
pixel
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
pixel
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Dems push Biden climate, health priorities toward Senate OK
pixel
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
Buffett's firm reports $44B loss but its businesses thrive
Musk says Twitter deal could move ahead with 'bot' info
Dems' climate, energy, tax bill clears initial Senate hurdle
Demand for grocery delivery cools as food costs rise
pixel
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
Dems push Biden climate, health priorities toward Senate OK
pixel
NYSE:MRO

Marathon Oil (MRO) Stock Forecast, Price & News

$21.77
+0.30 (+1.40%)
(As of 08/5/2022 12:00 AM ET)
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Compare
Today's Range
$21.00
$22.22
50-Day Range
$20.41
$32.17
52-Week Range
$10.41
$33.24
Volume
13.56 million shs
Average Volume
14.07 million shs
Market Capitalization
$15.41 billion
P/E Ratio
5.16
Dividend Yield
1.47%
Price Target
$30.88

Marathon Oil MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.56 Rating Score
Upside/​Downside
41.8% Upside
$30.88 Price Target
Short Interest
Healthy
3.33% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-8.26
Upright™ Environmental Score
News Sentiment
0.71mentions of Marathon Oil in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
$3.10 M Sold Last Quarter
Proj. Earnings Growth
-8.81%
From $4.77 to $4.35 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.90 out of 5 stars

Oils/Energy Sector

28th out of 336 stocks

Crude Petroleum & Natural Gas Industry

18th out of 113 stocks

Marathon Oil logo

About Marathon Oil (NYSE:MRO) Stock

Marathon Oil Corporation operates as an independent exploration and production company in the United States and internationally. The company engages in the exploration, production, and marketing of crude oil and condensate, natural gas liquids, and natural gas; and the production and marketing of products manufactured from natural gas, such as liquefied natural gas and methanol. It also owns and operates 32 central gathering and treating facilities; and the Sugarloaf gathering system, a 42-mile natural gas pipeline through Karnes and Atascosa Counties. The company was formerly known as USX Corporation and changed its name to Marathon Oil Corporation in December 2001. Marathon Oil Corporation was founded in 1887 and is headquartered in Houston, Texas.

Marathon Oil Price Performance

MRO traded up $0.30 on Friday, reaching $21.77. 13,563,903 shares of the company's stock were exchanged, compared to its average volume of 14,068,906. The stock has a market cap of $15.41 billion, a PE ratio of 5.16, a P/E/G ratio of 0.31 and a beta of 2.53. Marathon Oil has a twelve month low of $10.41 and a twelve month high of $33.24. The stock's fifty day moving average price is $24.71 and its 200-day moving average price is $24.26. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.10 and a quick ratio of 1.06.

Marathon Oil (NYSE:MRO - Get Rating) last posted its quarterly earnings results on Wednesday, May 4th. The oil and gas producer reported $1.02 earnings per share for the quarter, topping analysts' consensus estimates of $0.98 by $0.04. Marathon Oil had a net margin of 42.46% and a return on equity of 23.61%. The firm had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.83 billion. During the same period in the previous year, the business posted $0.21 earnings per share. Marathon Oil's quarterly revenue was up 63.7% on a year-over-year basis. Sell-side analysts expect that Marathon Oil will post 4.77 EPS for the current year.

Marathon Oil Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 12th. Shareholders of record on Wednesday, August 17th will be paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 1.47%. The ex-dividend date is Tuesday, August 16th. Marathon Oil's dividend payout ratio (DPR) is presently 7.58%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. The Goldman Sachs Group cut their price objective on shares of Marathon Oil from $29.00 to $25.00 and set a "sell" rating for the company in a report on Tuesday, July 5th. Mizuho cut their price objective on shares of Marathon Oil from $38.00 to $34.00 and set a "buy" rating for the company in a report on Tuesday, July 19th. Susquehanna Bancshares raised shares of Marathon Oil from a "neutral" rating to a "positive" rating and set a $32.00 price objective for the company in a report on Monday, April 25th. Piper Sandler lifted their price objective on shares of Marathon Oil from $38.00 to $41.00 and gave the company an "overweight" rating in a report on Friday, July 22nd. Finally, Bank of America dropped their target price on shares of Marathon Oil from $28.00 to $25.00 and set an "underperform" rating on the stock in a research report on Tuesday, July 19th. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $30.88.

Insiders Place Their Bets

In other Marathon Oil news, CFO Dane E. Whitehead sold 30,291 shares of Marathon Oil stock in a transaction dated Wednesday, May 18th. The shares were sold at an average price of $28.03, for a total transaction of $849,056.73. Following the transaction, the chief financial officer now directly owns 290,934 shares of the company's stock, valued at $8,154,880.02. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Marathon Oil news, CFO Dane E. Whitehead sold 30,291 shares of Marathon Oil stock in a transaction dated Wednesday, May 18th. The shares were sold at an average price of $28.03, for a total transaction of $849,056.73. Following the transaction, the chief financial officer now directly owns 290,934 shares of the company's stock, valued at $8,154,880.02. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Dane E. Whitehead sold 79,711 shares of Marathon Oil stock in a transaction dated Monday, May 16th. The stock was sold at an average price of $28.18, for a total transaction of $2,246,255.98. Following the transaction, the chief financial officer now directly owns 321,225 shares in the company, valued at $9,052,120.50. The disclosure for this sale can be found here. 0.52% of the stock is owned by insiders.

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MRO Stock News Headlines

3 Earnings Announcements That Could Surprise (MRO)
Optimism around an extended summer rally is building. These three upcoming earnings announcers have the potential to surprise us.
Devon Energy Produces A Record Quarter, Dividend Raised By 22% (MRO)
Devon Energy produced another record quarter of profits, as higher volumes and prices provided significant tailwinds to results.
StockNews.com Lowers Marathon Oil (NYSE:MRO) to Hold
10 Best Multi-Bagger Stocks to Buy Now
Marathon Oil Reports Second Quarter 2022 Results
MRO September 9th Options Begin Trading
Is Marathon Oil Stock A Buy As Oil Prices Drop?
Marathon Oil (NYSE:MRO) PT Raised to $41.00
Analysts Set Marathon Oil Co. (NYSE:MRO) PT at $31.87
See More Headlines

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MRO Company Calendar

Last Earnings
11/03/2021
Ex-Dividend for 6/10 Dividend
5/17/2022
Dividend Payable
6/10/2022
Today
8/07/2022
Ex-Dividend for 9/12 Dividend
8/16/2022
Dividend Payable
9/12/2022
Next Earnings (Estimated)
11/02/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Oil & Gas Exploration & Production
CUSIP
56584910
Employees
1,531
Year Founded
1887

Price Target and Rating

Average Stock Price Forecast
$30.88
High Stock Price Forecast
$41.00
Low Stock Price Forecast
$19.00
Forecasted Upside/Downside
+41.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.56
Research Coverage
16 Analysts

Profitability

Net Income
$946 million
Pretax Margin
39.72%

Debt

Sales & Book Value

Annual Sales
$5.47 billion
Cash Flow
$4.24 per share
Book Value
$13.73 per share

Miscellaneous

Free Float
704,011,000
Market Cap
$15.41 billion
Optionable
Optionable
Beta
2.53

Social Links















MRO Stock - Frequently Asked Questions

Should I buy or sell Marathon Oil stock right now?

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Marathon Oil in the last year. There are currently 2 sell ratings, 4 hold ratings, 9 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Marathon Oil stock.
View analyst ratings for Marathon Oil
or view top-rated stocks.

What is Marathon Oil's stock price forecast for 2022?

16 brokerages have issued 12-month price targets for Marathon Oil's stock. Their MRO stock forecasts range from $19.00 to $41.00. On average, they expect Marathon Oil's stock price to reach $30.88 in the next twelve months. This suggests a possible upside of 41.8% from the stock's current price.
View analysts' price targets for Marathon Oil
or view top-rated stocks among Wall Street analysts.

How has Marathon Oil's stock price performed in 2022?

Marathon Oil's stock was trading at $16.42 at the beginning of the year. Since then, MRO stock has increased by 32.6% and is now trading at $21.77.
View the best growth stocks for 2022 here
.

When is Marathon Oil's next earnings date?

Marathon Oil is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our earnings forecast for Marathon Oil
.

How were Marathon Oil's earnings last quarter?

Marathon Oil Co. (NYSE:MRO) announced its quarterly earnings results on Wednesday, November, 3rd. The oil and gas producer reported $0.39 earnings per share (EPS) for the quarter, topping 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 analysts' expectations of $1.32 billion. Marathon Oil had a trailing twelve-month return on equity of 23.61% and a net margin of 42.46%. During the same period in the prior year, the firm posted ($0.28) earnings per share.
Read Marathon Oil's conference call transcript
.

How often does Marathon Oil pay dividends? What is the dividend yield for Marathon Oil?

Marathon Oil declared a quarterly dividend on Wednesday, July 27th. Investors of record on Wednesday, August 17th will be given a dividend of $0.08 per share on Monday, September 12th. This represents a $0.32 annualized dividend and a dividend yield of 1.47%. The ex-dividend date is Tuesday, August 16th.
View Marathon Oil's dividend history
.

Is Marathon Oil a good dividend stock?

Marathon Oil(NYSE:MRO) pays an annual dividend of $0.32 per share and currently has a dividend yield of 1.47%. Marathon Oil has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Marathon Oil is 7.58%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Marathon Oil will have a dividend payout ratio of 7.36% next year. This indicates that Marathon Oil will be able to sustain or increase its dividend.
View Marathon Oil's dividend history.

What is Lee Tillman's approval rating as Marathon Oil's CEO?

132 employees have rated Marathon Oil CEO Lee Tillman on Glassdoor.com. Lee Tillman has an approval rating of 56% among Marathon Oil's employees. This puts Lee Tillman in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Marathon Oil own?

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).

What is Marathon Oil's stock symbol?

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

Who are Marathon Oil's major shareholders?

Marathon Oil's stock is owned by a variety of institutional and retail investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (0.29%), Assenagon Asset Management S.A. (0.29%), Victory Capital Management Inc. (0.26%), TD Asset Management Inc. (0.16%), State Board of Administration of Florida Retirement System (0.15%) and New York State Teachers Retirement System (0.14%). Company insiders that own Marathon Oil stock include Dane E Whitehead, Gary Eugene Wilson, Lee M Tillman, Lee M Tillman, Michael A Henderson, Patrick Wagner and Rob L White.
View institutional ownership trends for Marathon Oil
.

How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Marathon Oil's stock price today?

One share of MRO stock can currently be purchased for approximately $21.77.

How much money does Marathon Oil make?

Marathon Oil (NYSE:MRO) has a market capitalization of $15.41 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 $4.22 on an earnings per share basis.

How many employees does Marathon Oil have?

Marathon Oil employs 1,531 workers across the globe.

Does Marathon Oil have any subsidiaries?

The following companies are subsidiares of Marathon Oil: AMPCO Marketing L.L.C., AMPCO Services L.L.C., Alba Associates LLC, Alba Equatorial Guinea Partnership L.P., Alba Plant LLC, Atlantic Methanol Associates LLC, Atlantic Methanol Production Company LLC, E.G. Global LNG Services Ltd., Equatorial Guinea LNG Company S.A., Equatorial Guinea LNG Holdings Limited, Equatorial Guinea LNG Operations S.A., Equatorial Guinea LNG Train 1 S.A., Globex Energy Inc, Marathon E.G. Alba Limited, Marathon E.G. Holding Limited, Marathon E.G. International Limited, Marathon E.G. LNG Holding Limited, Marathon E.G. LPG Limited, Marathon E.G. Production Limited, Marathon Eagle Ford Midstream LLC, Marathon East Texas Holdings LLC, Marathon International Investment LLC, Marathon International Oil Angola Block 31 Limited, Marathon International Oil Company, Marathon International Oil Holdings LLC, Marathon Oil (East Texas) L.P., Marathon Oil (West Texas) L.P., Marathon Oil Company, Marathon Oil Corporation, Marathon Oil Dutch Holdings B.V., Marathon Oil EF II LLC, Marathon Oil EF LLC, Marathon Oil Holdings Limited, Marathon Oil Investment LLC, Marathon Oil KDV B.V., Marathon Oil Permian LLC, Marathon West Texas Holdings LLC, PayRock Energy, Pennaco Energy, and Pennaco Energy Inc..
Read More

When was Marathon Oil founded?

Marathon Oil was founded in 1887.

How can I contact Marathon Oil?

Marathon Oil's mailing address is 5555 SAN FELIPE STREET, HOUSTON TX, 77056. The official website for Marathon Oil 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.

This page (NYSE:MRO) was last updated on 8/7/2022 by MarketBeat.com Staff

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