NYSE:MRO - Marathon Oil Stock Price, Forecast & News

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

Marathon Oil declared a quarterly dividend on Wednesday, January 29th. Stockholders of record on Wednesday, February 19th will be paid a dividend of $0.05 per share on Tuesday, March 10th. This represents a $0.20 annualized dividend and a dividend yield of 1.88%. The ex-dividend date of this dividend is Tuesday, February 18th. View Marathon Oil's Dividend History.

Marathon Oil Co. (NYSE:MRO) issued its quarterly earnings data on Wednesday, February, 12th. The oil and gas producer reported $0.07 earnings per share (EPS) 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's revenue was down 31.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.15 EPS. View Marathon Oil's Earnings History.

Marathon Oil is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for Marathon Oil.

22 brokerages have issued 1-year price targets for Marathon Oil's stock. Their forecasts range from $13.00 to $22.00. On average, they expect Marathon Oil's stock price to reach $17.07 in the next twelve months. This suggests a possible upside of 60.4% from the stock's current price. View Analyst Price Targets for Marathon Oil.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marathon Oil in the last year. There are currently 14 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Marathon Oil.

News headlines about MRO stock have been trending somewhat positive on Sunday, according to InfoTrie. The research group identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Marathon Oil earned a news sentiment score of 2.0 on InfoTrie's scale. They also assigned news coverage about the oil and gas producer a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Marathon Oil.

Marathon Oil saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 26,850,000 shares, an increase of 18.2% from the January 15th total of 22,720,000 shares. Based on an average trading volume of 11,410,000 shares, the days-to-cover ratio is currently 2.4 days. Approximately 3.4% of the company's shares are sold short. View Marathon Oil's Current Options Chain.

Some companies that are related to Marathon Oil include Apache (APA), Noble Energy (NBL), SRC Energy (SRCI), Carrizo Oil & Gas (CRZO), Oasis Petroleum (OAS), Northern Oil & Gas (NOG), Contango Oil & Gas (MCF), Isramco (ISRL), Evolution Petroleum (EPM), Abraxas Petroleum (AXAS), Approach Resources (AREX), Berry Petroleum (BRY), Blue Ridge Mountain Resources (MHRCQ), Bonanza Creek Energy (BCEI) and Cabot Oil & Gas (COG).

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

Marathon Oil's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include State Street Corp (5.47%), Hotchkis & Wiley Capital Management LLC (3.88%), Franklin Resources Inc. (2.06%), Boston Partners (1.64%), Bank of New York Mellon Corp (0.94%) and Point72 Asset Management L.P. (0.80%). Company insiders that own Marathon Oil stock include Lee M Tillman 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 AQR Capital Management LLC, Caymus Capital Partners L.P., Bank of Montreal Can, MUFG Securities EMEA plc, Panagora Asset Management Inc., Zurcher Kantonalbank Zurich Cantonalbank, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp and Franklin Resources Inc.. View Insider Buying and Selling for Marathon Oil.

MRO stock was acquired by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., State Street Corp, Hotchkis & Wiley Capital Management LLC, Boston Partners, Bank of New York Mellon Corp, UBS Asset Management Americas Inc., Amundi Pioneer Asset Management Inc. and Korea Investment CORP. View Insider Buying and Selling 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 $10.64.