|Bid||0.00 x 47300|
|Ask||0.00 x 1100|
|Day's Range||16.58 - 17.03|
|52 Week Range||12.57 - 24.20|
|Beta (3Y Monthly)||2.13|
|PE Ratio (TTM)||13.05|
|Earnings Date||Feb 12, 2019 - Feb 18, 2019|
|Forward Dividend & Yield||0.20 (1.17%)|
|1y Target Est||21.09|
“We didn't add activity as oil prices outperformed our plan, we stuck to our conviction when industry discipline broke down,” CEO Lee Tillman said. “Our capital budget is not a suggestion, it is a commitment.”
Want to participate in a short research study? Help shape the future of investing tools and receive a $20 prize! Today we'll look at Marathon Oil Corporation (NYSE:MRO) and reflectRead More...
Marathon Oil Corp (NYSE:MRO) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018.
Companies such as Exxon Mobil and Chevron may be more focused on capital returns than growth. That is good news for income investors.
U.S. stocks recovered from declines triggered by bleak retail data to trade flat on Thursday, as investors focused on signs of progress in the ongoing U.S.-China trade talks. A surprise 1.2 percent fall in retail sales in December, the largest drop since September 2009, suggested a sharp slowdown in economic activity at the end of 2018. The data dragged down consumer staples as well as the financials sector, which was hit by a jump in expectations that the Federal Reserve would cut key lending rates by the end of the year.
The Dow Jones suffered moderate losses Thursday, hurt by weakness in bank, retail and some consumer-oriented stocks. But Cisco and some oil majors rallied.
Bloomin' Brands BLMN — Shares of the hospitality company jumped 8.95 percent on stronger-than-expected quarterly results. Avon Products AVP — The cosmetics maker's stock dropped 11 percent after Avon reported mixed results for the fourth quarter. MGM Resorts MGM — Shares of MGM fell 6.36 percent after the casino and resort operator reported a diluted loss per share of 6 cents in the current quarter compared to diluted earnings per share of $2.39 in the prior year quarter.
Marathon Oil earnings (NYSE:MRO) were posted late in the day on Wednesday and the company said it brought in earnings and revenue that were ahead of what analysts were calling for, helping to send MRO stock higher after the bell.The Houston, Texas-based petroleum and natural gas company said that for its fourth quarter of its fiscal 2018, it posted net income of $390 million, which was better than the company's loss during the same period in its fiscal 2017. The company added that its net income reached 47 cents per share, or 15 cents per share when adjusting for non-recurring gains.Marathon Oil's earnings were stronger than what Wall Street was calling for as the average estimate of 11 analysts who were polled by Zacks Investment Research was for adjusted earnings of 13 cents per share. The oil giant added that its revenue for its fourth quarter tallied up to $1.77 billion for the period.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWall Street was calling for the company to rake in sales of $1.44 billion, according to seven analysts surveyed by Zacks. For its fiscal 2018, Marathon Oil brought in net income of $1.1 billion, or $1.30 per share, while its revenue was $6.58 billion.MRO stock is increasing about 1.2% after the bell following the company's quarterly earnings results, which saw both its revenue and its earnings exceed what the Wall Street consensus estimate was calling for as the company is now halfway through its first quarter of its fiscal 2019. Shares had been increasing steadily throughout the day during regular trading hours for Marathon Oil on Wednesday, gaining 0.7% before reporting. More From InvestorPlace * 10 Best Dividend Stocks to Buy for the Next 10 Months * 9 U.S. Stocks That Are Coming to Life Again * Buy These 5 Stocks to Play the Megatrend of the Century Compare Brokers The post Marathon Oil Earnings: MRO Stock Surges on Q4 Earnings Beat appeared first on InvestorPlace.
Marathon Oil (MRO) delivered earnings and revenue surprises of 15.38% and 22.55%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Houston-based company said it had net income of 47 cents. Earnings, adjusted for non-recurring gains, came to 15 cents per share. The results exceeded Wall Street expectations. ...
2019 Budget Organic Free Cash Flow Positive Above $45 /BBL WTI; Returned Over 25% of 2018 Annual Operating Cash Flow to Shareholders HOUSTON , Feb. 13, 2019 /PRNewswire/ -- Marathon Oil Corporation (NYSE:MRO) ...
Shares of oil and gas companies were broadly higher Wednesday, as reports of supply cuts and optimism on U.S.-China trade talks helped fuel a rally in crude oil prices. The energy sector was the best performing of the S&P 500's 11 key sectors, with the SPDR Energy Select Sector ETF climbing 2.0% with all 30 equity components gaining ground. The biggest gainer was Newfield Exploration Co.'s stock , which ran up 4.5%. Among other more-active components, shares of Marathon Oil Corp. advanced 2.5%, Kinder Morgan Inc. rose 1.5%, Exxon Mobil Corp. tacked on 1.2%, Schlumberger NV climbed 2.3%, and Chevron Corp. gained 1.3%. Meanwhile, crude oil futures ran up 2.0%. The energy ETF has hiked up 13.9% year to date, while the S&P 500 has rallied 10.1%.
The Bureau of Labor Statistics will be releasing the Consumer Price Index (CPI) data for January, a key inflation gauge, on Wednesday.
Driven by key low cost-high margin U.S. resource shales like Permian, Eagle Ford and Bakken, Marathon Oil (MRO) forecasts 30-34% annual growth in 2018 production.
Marathon Oil (MRO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Operating profit from Marathon Petroleum's (MPC) Refining & Marketing segment was $923 million compared with $732 million in the year-ago quarter.