About Marathon Oil Corporation (NYSE:MRO)
Marathon Oil Corporation is an exploration and production (E&P) company. The Company operates through three segments: North America E&P, International E&P and Oil Sands Mining. The North America E&P segment explores for, produces and markets crude oil and condensate, natural gas liquids (NGLs) and natural gas in North America. The International E&P segment explores for, produces and markets crude oil and condensate, NGLs and natural gas outside of North America, and produces and markets products manufactured from natural gas, such as liquefied natural gas (LNG) and methanol, in Equatorial Guinea (E.G.). The Oil Sands Mining segment mines, extracts and transports bitumen from oil sands deposits in Alberta, Canada, and upgrades the bitumen to produce and market synthetic crude oil and vacuum gas oil.
Industry, Sector and Symbol
Industry Oil & Gas Exploration and Production
Sub-IndustryOil & Gas Exploration & Production
Trailing P/E RatioN/A
Forward P/E RatioN/A
Sales & Book Value
Annual Sales$4.65 billion
Price / Sales2.76
Cash Flow$2.12 per share
Price / Cash7.13
Book Value$13.86 per share
Price / Book1.09
Return on Equity-3.02%
Return on Assets-1.60%
Frequently Asked Questions for Marathon Oil Corporation (NYSE:MRO)
What is Marathon Oil Corporation's stock symbol?
Marathon Oil Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "MRO."
How often does Marathon Oil Corporation pay dividends? What is the dividend yield for Marathon Oil Corporation?
Marathon Oil Corporation declared a quarterly dividend on Wednesday, October 25th. Investors of record on Wednesday, November 15th will be paid a dividend of $0.05 per share on Monday, December 11th. This represents a $0.20 annualized dividend and a dividend yield of 1.32%. The ex-dividend date is Tuesday, November 14th. View Marathon Oil Corporation's Dividend History.
How were Marathon Oil Corporation's earnings last quarter?
Marathon Oil Corporation (NYSE:MRO) announced its earnings results on Wednesday, November, 1st. The oil and gas producer reported ($0.08) EPS for the quarter, topping analysts' consensus estimates of ($0.14) by $0.06. The oil and gas producer earned $1.25 billion during the quarter, compared to the consensus estimate of $1.04 billion. Marathon Oil Corporation had a negative net margin of 148.07% and a negative return on equity of 3.02%. The firm's revenue for the quarter was up 26.5% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.23) EPS. View Marathon Oil Corporation's Earnings History.
When will Marathon Oil Corporation make its next earnings announcement?
Where is Marathon Oil Corporation's stock going? Where will Marathon Oil Corporation's stock price be in 2017?
23 equities research analysts have issued twelve-month price targets for Marathon Oil Corporation's shares. Their predictions range from $9.00 to $29.00. On average, they expect Marathon Oil Corporation's share price to reach $17.48 in the next twelve months. View Analyst Ratings for Marathon Oil Corporation.
What are Wall Street analysts saying about Marathon Oil Corporation stock?
Here are some recent quotes from research analysts about Marathon Oil Corporation stock:
- 1. According to Zacks Investment Research, "Marathon Oil is a leading energy firm with a large and geographically-diverse reserve base and solid project pipeline. The company has successfully positioned itself into the Delaware Basin and STACK/SCOOP resource plays while exiting the oil sands and conventional assets with limited upside. MRO delivered solid third quarter results on increased production activities especially from the U.S. markets. Driven by the robust performance, MRO has also raised its production guidance for the full year to 350,000-360,000 BOE/d. Additionally, the company possesses a healthy balance sheet, which helps it to capitalize on investment opportunities. Marathon Oil displays a strong earnings surprise history on robust growth momentum and strong execution. However, we are concerned of MRO's stuttering Libyan operations along with higher costs and capex which may affect its near term results. Therefore, we take a cautious stance on the prospects of the stock." (11/9/2017)
- 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)
Who are some of Marathon Oil Corporation's key competitors?
Some companies that are related to Marathon Oil Corporation include Concho Resources (CXO), Devon Energy Corporation (DVN), Continental Resources (CLR), Apache (APA), Nexen Energy ULC (NXY), Cabot Oil & Gas Corporation (COG), Noble Energy (NBL), Encana Corporation (ECA), Cimarex Energy Co (XEC), Diamondback Energy (FANG), EQT Corporation (EQT), Parsley Energy (PE), Repsol Oil & Gas Canada (TLM), EQT GP Holdings, LP (EQGP), Rice Energy (RICE), Newfield Exploration Company (NFX), Antero Resources Corporation (AR) and RSP Permian (RSPP).
Who are Marathon Oil Corporation's key executives?
Marathon Oil Corporation's management team includes the folowing people:
- Lee M. Tillman, President, Chief Executive Officer, Director (Age 55)
- Dane E. Whitehead, Chief Financial Officer, Executive Vice President (Age 55)
- T. Mitch Little, Executive Vice President - Operations (Age 53)
- Reginald D. Hedgebeth, Senior Vice President, General Counsel, Secretary (Age 49)
- Patrick J. Wagner, Senior Vice President - Corporate Development and Strategy (Age 52)
- Gary Eugene Wilson, Chief Accounting Officer, Vice President, Controller (Age 55)
- Catherine L. Krajicek, Vice President - Conventional (Age 55)
- Dennis H. Reilley, Non-Executive Independent Chairman of the Board (Age 63)
- Gaurdie E. Banister Jr., Independent Director (Age 59)
- Gregory H. Boyce, Independent Director (Age 62)
Who owns Marathon Oil Corporation stock?
Marathon Oil Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Macquarie Group Ltd. (6.42%), Hotchkis & Wiley Capital Management LLC (4.85%), Dimensional Fund Advisors LP (0.94%), Bank of New York Mellon Corp (0.84%), Alyeska Investment Group L.P. (0.70%) and Legal & General Group Plc (0.60%). View Institutional Ownership Trends for Marathon Oil Corporation.
Who sold Marathon Oil Corporation stock? Who is selling Marathon Oil Corporation stock?
Marathon Oil Corporation's stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, JPMorgan Chase & Co., Mitchell Group Inc., Investec Asset Management LTD, Prudential Financial Inc., Cornerstone Capital Management Holdings LLC., Bank of New York Mellon Corp and Stevens Capital Management LP. View Insider Buying and Selling for Marathon Oil Corporation.
Who bought Marathon Oil Corporation stock? Who is buying Marathon Oil Corporation stock?
Marathon Oil Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Alyeska Investment Group L.P., Hotchkis & Wiley Capital Management LLC, Janus Henderson Group PLC, Canada Pension Plan Investment Board, Macquarie Group Ltd., Russell Investments Group Ltd., Schwab Charles Investment Management Inc. and Davidson Investment Advisors. View Insider Buying and Selling for Marathon Oil Corporation.
How do I buy Marathon Oil Corporation stock?
Shares of Marathon Oil Corporation 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, Scottrade, Fidelity and Charles Schwab.
What is Marathon Oil Corporation's stock price today?
One share of Marathon Oil Corporation stock can currently be purchased for approximately $15.13.
How big of a company is Marathon Oil Corporation?
Marathon Oil Corporation has a market capitalization of $12.64 billion and generates $4.65 billion in revenue each year. The oil and gas producer earns $-2,140,000,000.00 in net income (profit) each year or ($8.32) on an earnings per share basis. Marathon Oil Corporation employs 2,117 workers across the globe.
How can I contact Marathon Oil Corporation?
Marathon Oil Corporation'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.
MarketBeat Community Rating for Marathon Oil Corporation (MRO)MarketBeat's community ratings are surveys of what our community members think about Marathon Oil Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Marathon Oil Corporation (NYSE:MRO) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Hold||Hold||Hold|
|Consensus Rating Score: ||2.30||2.24||2.24||2.47|
|Ratings Breakdown: ||3 Sell Rating(s)|
16 Hold Rating(s)
13 Buy Rating(s)
1 Strong Buy Rating(s)
|3 Sell Rating(s)|
18 Hold Rating(s)
11 Buy Rating(s)
1 Strong Buy Rating(s)
|3 Sell Rating(s)|
19 Hold Rating(s)
11 Buy Rating(s)
1 Strong Buy Rating(s)
|1 Sell Rating(s)|
18 Hold Rating(s)
10 Buy Rating(s)
3 Strong Buy Rating(s)
|Consensus Price Target: ||$17.37||$17.17||$17.39||$18.41|
|Price Target Upside: ||19.20% upside||24.68% upside||57.40% upside||27.50% upside|
Consensus Price Target History for Marathon Oil Corporation (NYSE:MRO)
Analysts' Ratings History for Marathon Oil Corporation (NYSE:MRO)
(Data available from 11/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|11/20/2017||Barclays PLC||Boost Price Target||Equal Weight||$14.00 -> $15.00||N/A|
|11/13/2017||Scotiabank||Set Price Target||Buy||$19.00||N/A|
|11/9/2017||Citigroup Inc.||Downgrade||Buy -> Neutral||$14.00||N/A|
|11/7/2017||BMO Capital Markets||Reiterated Rating||Hold||$18.00||N/A|
|11/3/2017||Jefferies Group LLC||Boost Price Target||Buy||$14.00 -> $16.50||N/A|
|11/2/2017||Societe Generale||Upgrade||Hold -> Buy||N/A|
|10/18/2017||Morgan Stanley||Set Price Target||Hold||$12.00 -> $15.00||N/A|
|10/11/2017||Royal Bank Of Canada||Set Price Target||Hold||$16.00||N/A|
|10/5/2017||Stifel Nicolaus||Set Price Target||Hold||$10.00||N/A|
|9/28/2017||Piper Jaffray Companies||Reiterated Rating||Buy||Low|
|8/9/2017||KLR Group||Reiterated Rating||Buy||$21.00 -> $23.00||Low|
|7/12/2017||Stephens||Initiated Coverage||Equal Weight||$14.00||High|
|6/28/2017||Goldman Sachs Group, Inc. (The)||Initiated Coverage||Neutral -> Neutral||$16.00||Medium|
|6/21/2017||Seaport Global Securities||Downgrade||Neutral -> Sell||$17.00 -> $9.00||High|
|5/23/2017||FBR & Co||Reiterated Rating||Buy||$20.00||Low|
|5/11/2017||Bank of America Corporation||Downgrade||Buy -> Neutral||$25.00 -> $22.00||Medium|
|3/21/2017||Canaccord Genuity||Reiterated Rating||Hold||$17.00||Low|
|3/10/2017||Susquehanna Bancshares Inc||Upgrade||Neutral -> Positive||$17.00||Low|
|3/1/2017||Credit Suisse Group||Reiterated Rating||Hold||$20.00||N/A|
|2/1/2017||Howard Weil||Upgrade||Sector Perform -> Outperform||N/A|
|12/15/2016||Nomura||Downgrade||Buy -> Neutral||N/A|
|12/15/2016||Instinet||Downgrade||Buy -> Neutral||$15.00 -> $19.00||N/A|
|11/28/2016||R. F. Lafferty||Initiated Coverage||Buy||$29.00||N/A|
|11/4/2016||Deutsche Bank AG||Reiterated Rating||Buy||N/A|
|7/7/2016||Raymond James Financial, Inc.||Upgrade||Outperform -> Strong-Buy||$18.00||N/A|
|6/27/2016||Wolfe Research||Upgrade||Underperform -> Market Perform||N/A|
|6/21/2016||Capital One Financial Corporation||Upgrade||Equal Weight -> Overweight||$15.00 -> $17.00||N/A|
|4/13/2016||Wells Fargo & Company||Downgrade||Outperform -> Market Perform||N/A|
|1/27/2016||Atlantic Securities||Downgrade||Overweight -> Neutral||$23.00 -> $10.00||N/A|
|12/11/2015||Argus||Downgrade||Buy -> Hold||N/A|
|12/9/2015||J P Morgan Chase & Co||Initiated Coverage||Underweight||$15.00||N/A|
Earnings History and Estimates Chart for Marathon Oil Corporation (NYSE:MRO)
Earnings History by Quarter for Marathon Oil Corporation (NYSE MRO)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/1/2017||Q3 2017||($0.14)||($0.08)||$1.04 billion||$1.25 billion||View||N/A|
|8/2/2017||Q2 2017||($0.14)||($0.24)||$1.03 billion||$1.06 billion||View||Listen|
|5/4/2017||Q1 2017||($0.08)||($0.07)||$1.29 billion||$1.07 billion||View||Listen|
|2/15/2017||Q4 2016||($0.15)||($0.10)||$1.19 billion||$1.39 billion||View||N/A|
|11/2/2016||Q316||($0.20)||($0.11)||$1.10 billion||$1.23 billion||View||Listen|
|8/3/2016||Q2||($0.25)||($0.23)||$1.12 billion||$1.30 billion||View||N/A|
|5/4/2016||Q1||($0.46)||($0.43)||$903.27 million||$730.00 million||View||Listen|
|2/17/2016||Q4||($0.48)||($0.48)||$1.26 billion||$1.48 billion||View||Listen|
|11/4/2015||Q3||($0.40)||($0.20)||$1.38 billion||$1.32 billion||View||N/A|
|8/5/2015||Q2||($0.23)||($0.23)||$2.94 billion||$1.53 billion||View||N/A|
|5/6/2015||Q1 2015||($0.46)||($0.37)||$1.79 billion||$1.53 billion||View||N/A|
|2/18/2015||Q4||$0.03||($0.13)||$2.41 billion||$2.50 billion||View||N/A|
|11/3/2014||Q314||$0.58||$0.57||$2.93 billion||$2.97 billion||View||N/A|
|8/4/2014||Q214||$0.74||$0.62||$3.19 billion||$2.94 billion||View||N/A|
|2/5/2014||Q413||$0.72||$0.60||$3.57 billion||$3.29 million||View||N/A|
|10/31/2013||Q313||$0.76||$0.59||$3.80 billion||$26.27 billion||View||N/A|
|8/6/2013||Q2 2013||$0.71||$0.67||$3.84 billion||$3.90 billion||View||N/A|
|5/7/2013||Q1 2013||$0.72||$0.51||$4.25 billion||$4.11 billion||View||N/A|
|2/6/2013||Q4 2012||$0.69||$0.55||$4.09 billion||$4.24 billion||View||N/A|
|11/6/2012||Q312||$0.64||$0.64||$3.19 billion||$4.16 billion||View||N/A|
Earnings Estimates for Marathon Oil Corporation (NYSE:MRO)
2017 EPS Consensus Estimate: ($0.28)
2018 EPS Consensus Estimate: ($0.78)
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Marathon Oil Corporation (NYSE:MRO)
|Dividend Growth:||-34.80% (3 Year Average)|
|Payout Ratio:||-2.40% (Trailing 12 Months of Earnings) |
-54.05% (Based on This Year's Estimates)
-117.65% (Based on Next Year's Estimates)
Dividend History by Quarter for Marathon Oil Corporation (NYSE MRO)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Marathon Oil Corporation (NYSE MRO)
Insider Ownership Percentage: 0.40%
Institutional Ownership Percentage: 78.63%
Insider Trades by Quarter for Marathon Oil Corporation (NYSE MRO)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|3/10/2015||Lee M Tillman||CEO||Buy||28,791||$26.00||$748,566.00|| |
|3/7/2014||Annell Bay||VP||Sell||112,242||$34.10||$3,827,452.20|| |
|12/13/2013||Howard Sr Thill, Sr.||VP||Sell||67,638||$35.95||$2,431,586.10|| |
|9/12/2013||Steven Guidry||VP||Sell||35,774||$36.35||$1,300,384.90|| |
|5/16/2013||Michael K Stewart||Insider||Sell||2,221||$35.34||$78,490.14|| |
|2/15/2013||Thomas Mitchell Little||VP||Sell||6,836||$34.65||$236,867.40|| |
Latest Headlines for Marathon Oil Corporation (NYSE MRO)
Marathon Oil Corporation (NYSE MRO) Chart for Friday, November, 24, 2017