|Bid||14.50 x 1000|
|Ask||16.74 x 29200|
|Day's Range||15.13 - 15.91|
|52 Week Range||14.27 - 24.20|
|Beta (3Y Monthly)||3.06|
|PE Ratio (TTM)||19.22|
|Earnings Date||Feb 12, 2019 - Feb 18, 2019|
|Forward Dividend & Yield||0.20 (1.25%)|
|1y Target Est||24.65|
Stocks that moved substantially or traded heavily Monday: Nutrisystem Inc., up $9.48 to $43.68 The weight loss company agreed to be acquired by Tivity Health for $47 a share in cash and stock. Yelp Inc., ...
Does Marathon Oil Corporation (NYSE:MRO) represent a good buying opportunity at the moment? Let’s briefly check the hedge fund interest towards the company. Hedge fund firms constantly search out bright intellectuals and highly-experienced employees and throw away millions of dollars on research activities, so it is no wonder why they tend to generate millions in […]
US shale oil producers were among the worst performers in the S&P 500 on Thursday, posting sharp losses as falling crude prices increasingly threaten the industry’s profits. and Diamondback Energy, three companies with operations in the Permian Basin of Texas, saw their shares tumble. Cimarex was down 8.9 per cent, while Concho Resources and Diamondback Energy dropped 7.2 per cent and 6.5 per cent, respectively.
The advisory committee of OPEC reportedly suggested 1.3 million barrels per day output curb last week from the production levels of October.
Energy stocks have had a difficult 2018. Mostly flat performance through most of the year turned into a tailspin in October as oil prices plunged from above $75 per barrel to below $50. That in turn has pinched oil companies that rely on elevated commodity prices to drive larger profits. The headwinds are clear. Demand has slowed to a crawl, and supplies have piled up despite production cuts from several nations. Fears about U.S.-China trade relations have weighed, as have worries about sanctions on Iran. It's no wonder why energy stocks have taken it on the chin. But the skies are starting to clear as we head into 2019. OPEC and other nations are beginning to discuss additional output curbs, and with U.S. shale producers running at full capacity, there really isn't much room for them to pick up any slack. The U.S. and China have made progress on trade talks, too, including a 90-day moratorium on increasing tariffs. Investors diving into the sector still need to be choosy. A rebound in oil is far from a certainty, which means it's necessary to put a premium on quality right now. Here, we look at the 10 best energy stocks to buy for 2019 - those that can best take advantage of the current energy environment. SEE ALSO: 101 Best Dividend Stocks to Buy for 2019 and Beyond
A wave of mergers and acquisitions in the oil patch has sparked talk about continued consolidation in the sector. But not all executives are on the same page about deal-making.
U.S. stocks opened lower on Friday, continuing what has been a rough week for investors. The blue-chip Dow Jones Industrial Average opened the session down 0.7%, the S&P 500 was off 0.7% and the Nasdaq Composite Index was down 0.9% at the opening bell. Slumping oil prices continue to weigh on investor sentiment with prices for the commodity on track for their seventh-consecutive weekly decline. The West Texas front-end contract was down 6.2% at $51.27. Energy-related stocks including Marathon Oil Corp. and Devon Energy Corp. were trading lower to begin Friday. Shortly after the open Markit Economics will release manufacturing and services data for November.
The $23 billion acquisition of Andeavor on Oct. 1 has made Marathon Petroleum Group Corp. (MPC) the largest oil refiner and second-largest fuel retailer in the U.S. Despite the rout in the price of oil and gas this November, this dirty energy industry is not going anywhere. The latest price declines came as OPEC reported overall production growth in October with both Saudi Arabia and the United Arab Emirates, highlighting their ability and willingness to ramp when necessary, almost doubling production in a single month. Warning! GuruFocus has detected 2 Warning Signs with MRO.
Dividends can be underrated but they form a large part of investment returns, playing an important role in compounding returns in the long run. Historically, Marathon Oil Corporation (NYSE:MRO) has Read More...
Norfolk Southern, Emerson Electric and LyondellBasell are among the non-energy companies with relatively high correlations to the price of oil.
Crude oil prices have fallen back to where they were at this time last year, which is quite a tumble from their recent peaks.
The latest on developments in financial markets (all times local): 4 p.m. Stocks closed lower as a combination of weak economic data from China and disappointing earnings hurt technology and internet companies. ...
Headed into the last trading day of the week, it’s the stock charts of Intel (NASDAQ:INTC), Marathon Oil (NYSE:MRO) and Juniper Networks (NYSE:JNPR) that look the most promising. It was only a few days ago Intel was put under the trading microscope after it failed to move back above a key moving average line. Intel pushed above that level on Wednesday, and widened the gap a little more on Thursday.
Investors need to pay close attention to Marathon Oil (MRO) stock based on the movements in the options market lately.