NYSE:MROMarathon Oil Stock Price, Forecast & News

Marathon Oil's stock was trading at $4.09 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, MRO shares have increased by 43.3% and is now trading at $5.86. View which stocks have been most impacted by Coronavirus.

28 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Marathon Oil in the last year. There are currently 3 sell ratings, 21 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Marathon Oil.

Marathon Oil is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Marathon Oil.

Marathon Oil Co. (NYSE:MRO) announced its quarterly earnings results on Wednesday, May, 6th. The oil and gas producer reported ($0.16) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.13) by $0.03. The oil and gas producer earned $1.23 billion during the quarter, compared to the consensus estimate of $1.04 billion. Marathon Oil had a return on equity of 1.90% and a net margin of 4.98%. The business's revenue was up 2.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.31 earnings per share. View Marathon Oil's earnings history.

Marathon Oil announced a quarterly dividend on Wednesday, January 29th. Shareholders of record on Wednesday, February 19th will be given 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 3.41%. The ex-dividend date of this dividend is Tuesday, February 18th. View Marathon Oil's dividend history.

28 equities research analysts have issued 1-year price targets for Marathon Oil's shares. Their forecasts range from $4.00 to $21.00. On average, they expect Marathon Oil's share price to reach $10.85 in the next twelve months. This suggests a possible upside of 85.2% from the stock's current price. View analysts' price targets for Marathon Oil.

News articles about MRO stock have trended negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. 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 news impact score of -2.4 on InfoTrie's scale. They also gave media headlines 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 company's share price in the next few days. View the latest news aboutMarathon Oil.

Marathon Oil saw a drop in short interest in the month of April. As of April 30th, there was short interest totaling 70,930,000 shares, a drop of 5.6% from the April 15th total of 75,140,000 shares. Based on an average daily volume of 38,140,000 shares, the days-to-cover ratio is currently 1.9 days. Approximately 9.0% of the company's shares are short sold. 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), Cabot Oil & Gas (COG), Diamondback Energy (FANG), Continental Resources (CLR), Devon Energy (DVN), Apache (APA), Noble Energy (NBL), EQT (EQT), WPX Energy (WPX), Cimarex Energy (XEC), Southwestern Energy (SWN) and Range Resources (RRC). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Marathon Oil investors own include Bank of America (BAC), Marathon Petroleum (MPC), Exxon Mobil (XOM), NVIDIA (NVDA), CHIMERA INVT CO/SH NEW (CIM), Ford Motor (F), Intel (INTC), Micron Technology (MU), AT&T (T) 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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (11.78%), Invesco Ltd. (7.43%), State Street Corp (6.15%), Franklin Resources Inc. (1.67%), Geode Capital Management LLC (1.66%) and Bank of New York Mellon Corp (0.97%). Company insiders that own Marathon Oil stock include Lee M Tillman, Patrick Wagner 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 Franklin Resources Inc., Wellington Management Group LLP, Thrivent Financial for Lutherans, EP Wealth Advisors LLC, Nuveen Asset Management LLC, APG Asset Management N.V., Strs Ohio, and BNP Paribas Arbitrage SA. View insider buying and selling activity for Marathon Oil.

MRO stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., State Street Corp, Invesco Ltd., Parametric Portfolio Associates LLC, Two Sigma Advisers LP, Connor Clark & Lunn Investment Management Ltd., Voloridge Investment Management LLC, and Nepsis Inc.. Company insiders that have bought Marathon Oil stock in the last two years include Lee M Tillman, and Patrick Wagner. View insider buying and selling activity 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 $5.86.

Marathon Oil has a market capitalization of $4.63 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 2,000 workers across the globe.

The official website for Marathon Oil is 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]