|Day's Range||12.08 - 12.49|
|52 Week Range||11.20 - 19.28|
|PE Ratio (TTM)||-1.57|
|Dividend & Yield||0.20 (1.68%)|
|1y Target Est||N/A|
Marathon Oil (MRO) reported higher operating income from continuing operations of $62.0 million in 1Q17 from -$534.0 million in 1Q16.
Marathon Oil (MRO) reported higher adjusted revenues from continuing operations of ~$1.07 billion in 1Q17 from ~$570.0 million in 1Q16.
Oil traders are wrong. The clash between Qatar and the Saudis is bullish, not bearish, for oil prices. At least in the long run, as it changes the geopolitics of the oil market.