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 announced 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 dividend on an annualized basis and a dividend yield of 2.24%. The ex-dividend date of this dividend is Tuesday, February 18th. View Marathon Oil's Dividend History.

Marathon Oil Co. (NYSE:MRO) posted its quarterly earnings data on Wednesday, February, 12th. The oil and gas producer reported $0.07 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.10 by $0.03. The oil and gas producer earned $1.22 billion during the quarter, compared to analyst estimates of $1.26 billion. Marathon Oil had a return on equity of 5.02% and a net margin of 9.25%. The company's revenue for the quarter was down 31.2% on a year-over-year basis. During the same quarter last year, the business posted $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 analysts have issued 12-month 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 91.4% 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 coverage about MRO stock has trended very negative this week, according to InfoTrie Sentiment. The research group rates the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Marathon Oil earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned news stories about the oil and gas producer a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Marathon Oil.

Marathon Oil saw a increase in short interest in 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 daily trading volume, of 11,410,000 shares, the days-to-cover ratio is presently 2.4 days. Approximately 3.4% of the shares of the stock are sold short. View Marathon Oil's Current Options Chain.

Some companies that are related to Marathon Oil include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Diamondback Energy (FANG), Apache (APA), Continental Resources (CLR), Noble Energy (NBL), Devon Energy (DVN), Cabot Oil & Gas (COG), WPX Energy (WPX), Cimarex Energy (XEC), Kosmos Energy (KOS), EQT (EQT) and Matador Resources (MTDR).

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 variety of of institutional and retail investors. Top institutional shareholders include State Street Corp (5.47%), Hotchkis & Wiley Capital Management LLC (3.88%), Franklin Resources Inc. (2.06%), Geode Capital Management LLC (1.71%), Boston Partners (1.64%) and Bank of New York Mellon Corp (0.94%). 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 Janus Henderson Group PLC, AQR Capital Management LLC, Caymus Capital Partners L.P., Bank of Montreal Can, MUFG Securities EMEA plc, Panagora Asset Management Inc., Man Group plc and Zurcher Kantonalbank Zurich Cantonalbank. View Insider Buying and Selling for Marathon Oil.

MRO stock was bought 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 $8.92.

Marathon Oil has a market capitalization of $7.10 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 2,400 workers across the globe.View Additional Information About Marathon Oil.

The official website for Marathon Oil is http://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]