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Marathon Oil Corp. (MRO)
NYSE:MRO
Marathon Oil (MRO) Stock Price & Analysis
3,399 Followers
MRO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$21.49 - $29.93
Previous Close$26.57
Volume5.12M
Average Volume (3M)9.68M
Market Cap
$14.99B
Enterprise Value$20.63B
Total Cash (Recent Filing)$215.00M
Total Debt (Recent Filing)$5.86B
Price to Earnings (P/E)11.0
Beta0.90
Next Earnings
Jul 31, 2024EPS Estimate
$0.73Last Dividend Ex-Date
May 14, 2024Dividend Yield1.58%
Share Statistics
EPS (TTM)2.41
Shares Outstanding564,035,502
10 Day Avg. Volume8,866,510
30 Day Avg. Volume9,676,372
Standard Deviation0.21
R-Squared0.33
Alpha0.00607
Financial Highlights & Ratios
Price to Book (P/B)1.34
Price to Sales (P/S)1.86
Price to Cash Flow (P/CF)3.50
P/FCF Ratio2.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.03
Enterprise Value/Gross Profit2.57
Enterprise Value/Ebitda5.08
Forecast
1Y Price Target
$33.16Price Target Upside25.42% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering19
Marathon Oil News
PremiumPress Releases
Marathon Oil Reports First Quarter 2024 Results
Bulls Say, Bears Say
Bulls Say
Financial StrategyCompany continues to deliver on its 40%+ of CFFO cash return framework, demonstrating a strong commitment to shareholder returns.
Operational EfficiencyImproved capital efficiencies from 3-mile laterals and strong productivity highlight the company's ability to enhance operational performance.
ValuationAnalyst rates the company as Overweight due to its discounted valuation and potential to drive valuation higher with its cash return strategy.
Bears Say
Financial PerformanceMRO reported underwhelming returns on an absolute basis.
Production ChallengesIncreased spending on non-development activities and environmental/emissions could impact financial performance.
Weather ImpactSevere winter weather in January impacted production, leading to guidance for 1Q24 oil production below analyst estimates.
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Ownership Overview
1.09% Insiders
26.26% Mutual Funds
43.13% Other Institutional Investors
29.51% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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MRO FAQ
What was Marathon Oil Corp.’s price range in the past 12 months?
Marathon Oil Corp. lowest stock price was $21.49 and its highest was $29.93 in the past 12 months.
What is Marathon Oil Corp.’s market cap?
Currently, no data Available
When is Marathon Oil Corp.’s upcoming earnings report date?
Marathon Oil Corp.’s upcoming earnings report date is Jul 31, 2024 which is in 76 days.
How were Marathon Oil Corp.’s earnings last quarter?
Marathon Oil Corp. released its earnings results on May 01, 2024. The company reported $0.55 earnings per share for the quarter, beating the consensus estimate of $0.544 by $0.006.
Is Marathon Oil Corp. overvalued?
According to Wall Street analysts Marathon Oil Corp.’s price is currently Undervalued.
Does Marathon Oil Corp. pay dividends?
Marathon Oil Corp. pays a Quarterly dividend of $0.11 which represents an annual dividend yield of 1.58%. See more information on Marathon Oil Corp. dividends here
What is Marathon Oil Corp.’s EPS estimate?
Marathon Oil Corp.’s EPS estimate is $0.73.
How many shares outstanding does Marathon Oil Corp. have?
Marathon Oil Corp. has 564,035,500 shares outstanding.
What happened to Marathon Oil Corp.’s price movement after its last earnings report?
Marathon Oil Corp. reported an EPS of $0.55 in its last earnings report, beating expectations of $0.544. Following the earnings report the stock price went down -0.038%.
Which hedge fund is a major shareholder of Marathon Oil Corp.?
Among the largest hedge funds holding Marathon Oil Corp.’s share is Hotchkis & Wiley Capital Management LLC. It holds Marathon Oil Corp.’s shares valued at 468M.
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Marathon Oil Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$33.16 (25.42% Upside)
$33.16 (25.42% Upside)
Blogger Sentiment
Bullish
MRO Sentiment 83%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 3.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $7.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 1.4%
Last 30 Days ▲ 0.7%
Last 30 Days ▲ 0.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
21.24%
12-Months-Change
Fundamentals
Return on Equity
12.73%
Trailing 12-Months
Asset Growth
-1.72%
Trailing 12-Months
Company Description
Marathon Oil Corp.
Marathon Oil Corp. engages in the exploration, production, and marketing of liquid hydrocarbons and natural gas. It operates through the following two segments: United States (U. S.) and International. The U. S. segment engages in oil and gas exploration, development and production activities in the U.S. The International segment engages in oil and gas development and production across international locations primarily in Equatorial Guinea and the United Kingdom. The company was founded in 1887 and is headquartered in Houston, TX.
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MRO Company Deck
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MRO Earnings Call
Q1 2024
0:00 / 0:00
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MRO Stock 12 Month Forecast
Average Price Target
$33.16
▲(25.42% Upside)
Technical Analysis
Best Analysts Covering MRO
1 Year
1 Year Success Rate
16/20 ratings generated profit
1 Year Average Return
+7.80%
assigned a buy rating 2 days ago
Copying Mark Lear's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +7.80% per trade.
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