MRO - Marathon Oil Corporation

NYSE - NYSE Delayed Price. Currency in USD
13.66
+0.28 (+2.09%)
At close: 4:01PM EDT
Stock chart is not supported by your current browser
Previous Close13.38
Open13.42
Bid13.65 x 1800
Ask13.66 x 1200
Day's Range13.30 - 13.69
52 Week Range12.57 - 24.20
Volume8,975,912
Avg. Volume11,051,952
Market Cap11.173B
Beta (3Y Monthly)1.92
PE Ratio (TTM)12.64
EPS (TTM)1.08
Earnings DateAug 7, 2019
Forward Dividend & Yield0.20 (1.49%)
Ex-Dividend Date2019-05-14
1y Target Est20.03
Trade prices are not sourced from all markets
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  • 6 Energy Stocks Spilling Lower
    InvestorPlace3 days ago

    6 Energy Stocks Spilling Lower

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Here are six stocks to sell now:InvestorPlace - Stock Market News, Stock Advice & Trading Tips Energy Stocks Spilling Lower: Marathon Oil (MRO)Shares of Marathon Oil (NYSE:MRO) are breaking down, threatening a return to the December lows and setting up a possible decline to the summer 2017 lows near $10.50. Such a move would be worth a loss of more than 20% from here. Shares were recently downgraded to neutral by analysts at Atlantic Securities.The company will next report results on Aug. 7 after the close. Analysts are looking for earnings of 16 cents per share on revenues of $1.4 billion. When the company last reported on May 1, earnings of 31 cents per share beat estimates by 24 cents on a 30.9% decline in revenues. Nabors Industries (NBR)Nabors Industries (NYSE:NBR), which provides drilling services to the onshore and offshore oil industry, is also suffering breakdown out of its recent trading range, That's setting up a possible excursion back to its December lows. Shares are already down a whopping 86% from the high seen in early 2017 as oil prices hold steady near $60 a barrel. * 7 Dependable Dividend Stocks to Buy The company will next report results on July 29 after the close. Analysts are looking for a loss of 22 cents per share on revenues of $802 million. When the company last reported on April 30, a loss of 36 cents missed estimates by 10 cents on a 10.2% rise in revenues. BP Amoco (BP)BP Amoco (NYSE:BP) shares are falling away from a multi-month challenge of its 200-day moving average. That's confirming a messy-looking head-and-shoulders reversal pattern that traces to a low of $37. That would mark a test of the December low. The stock has been in a sideways pattern since the summer of 2018, unable to top resistance near the $45-a-share threshold.The company will next report results on July 30. Analysts are looking for earnings of 80 cents per share on revenues of $72 billion. When the company last reported on April 30, earnings of 70 cents per share beat estimates by 3 cents on a 2.7% decline in revenues. Transocean (RIG)Transocean (NYSE:RIG), which provides offshore drilling services including the ultra-deepwater segment, is falling away from its 50-day moving average and setting up a retest of the June low. The stock has already fallen below a multiyear trading range between $14 and $8 per share. The range was in play between 2015 and 2019. * 10 Best Dividend Stocks to Buy for the Rest of 2019 and Beyond The company will next report results on July 29 after the close. Analysts are looking for a loss of 33 cents per share on revenues of $766 million. When the company last reported on April 29, a loss of 30 cents beat estimates by a penny on a 13.6% rise in revenues. EnCana (ECA)Canadian oil company EnCana (NYSE:ECA) has violated its June low, which in turn violated its December low. That cleared the way for a decline to levels not seen since early 2016. Shares of lost more than two-thirds of their value from the highs seen as recently as late last year. The company recently announced it would sell its Arkoma Basin natural gas assets for $165 million.The company will next report results on July 31 before the bell. Analysts are looking for earnings of 18 cents per share on revenues of just over $2 billion. When the company last reported on April 30, earnings of 14 cents per share beat estimates by five cents. Devon Energy (DVN)Devon Energy (NYSE:DVN) is an independent oil and gas company based in Oklahoma. It has broken down out of its lower Bollinger Band to shy away yet again from its 200-day moving average. Watch for a decline back to the early June low and a likely violation back to the December low near $20. Such a move would be worth a loss of roughly 20% from here. * 10 Stocks to Sell for an Economic Slowdown The company will next report results on Aug. 6 after the close. Analysts are looking for earnings of 42 cents per share on revenues of $2.2 billion. When the company last reported on April 30, earnings of 36 cents per share beat estimates by eight cents.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip * 7 Services Stocks to Buy for the Rest of 2019 * 6 Stocks to Buy and 1 to Sell Based on Insider Trading The post 6 Energy Stocks Spilling Lower appeared first on InvestorPlace.

  • Markit4 days ago

    See what the IHS Markit Score report has to say about Marathon Oil Corp.

    Marathon Oil Corp NYSE:MROView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is low for MRO with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding MRO are favorable, with net inflows of $6.99 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS MarkitThere is no PMI sector data available for this security. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. MRO credit default swap spreads are within the middle of their range for the last three years.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • American City Business Journals4 days ago

    Slideshow: Marathon Oil Tower in Houston's Galleria area to get makeover, new restaurant

    About 18 months after acquiring Marathon Oil Tower, Houston-based M-M Properties has announced major renovation plans to reposition the property before its eponymous tenant moves out.

  • GuruFocus.com5 days ago

    Wall Street Mixed on Monday

    Galapagos skyrockets to an all-time high Continue reading...

  • The Zacks Analyst Blog Highlights: EOG Resources, Marathon Oil, Penn Virginia and SM Energy
    Zacks5 days ago

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  • Bison and Marathon Enter Into 15-Year Water Infrastructure Agreement
    PR Newswire8 days ago

    Bison and Marathon Enter Into 15-Year Water Infrastructure Agreement

    OKLAHOMA CITY , July 12, 2019 /PRNewswire/ -- Bison, Oklahoma's largest water infrastructure, logistics and solutions provider, today announced that it has entered into a 15-year Water Gathering and Disposal ...

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    Zacks8 days ago

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  • 3 Oil Stocks Poised to Barrel Higher Amid Supply Concerns
    Investopedia9 days ago

    3 Oil Stocks Poised to Barrel Higher Amid Supply Concerns

    Independent oil and gas stocks could continue higher as tighter inventories trigger energy bulls. Explore tactics to trade three industry leaders.

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    MarketWatch10 days ago

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    MarketWatch11 days ago

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  • Marathon Oil Schedules Second Quarter 2019 Earnings Release and Conference Call
    PR Newswire12 days ago

    Marathon Oil Schedules Second Quarter 2019 Earnings Release and Conference Call

    HOUSTON , July 8, 2019 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today it plans to issue its second quarter 2019 earnings news release on Wednesday, Aug. 7 , after the close of U.S. ...

  • Oil & Gas Stock Roundup: Shell's Canada Asset Sale, Marathon Oil's UK Exit & More
    Zacks18 days ago

    Oil & Gas Stock Roundup: Shell's Canada Asset Sale, Marathon Oil's UK Exit & More

    Royal Dutch Shell (RDS.A) agreed to sell gas assets in Alberta for C$190 million, while Marathon Oil (MRO) closed the divestment of its North Sea assets.

  • Marathon Oil Bids Adieu to UK to Deepen Focus on US Plays
    Zacks18 days ago

    Marathon Oil Bids Adieu to UK to Deepen Focus on US Plays

    Marathon Oil's (MRO) strategic portfolio in key resource-shale plays like Bakken, Eagle Ford, Permian and STACK/SCOOP signals visible production growth in the upcoming years.

  • Marathon Oil Closes on Sale of U.K. Business
    PR Newswire19 days ago

    Marathon Oil Closes on Sale of U.K. Business

    HOUSTON , July 1, 2019 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today the company has closed on the sale of its U.K. business, which consists of the Brae area fields and Foinaven, ...

  • Rigzone.com19 days ago

    RockRose Completes Marathon Deal

    RockRose Energy completes the acquisition of 100 percent of Marathon Oil U.K. LLC and Marathon Oil West of Shetland Limited from subsidiaries of Marathon Oil Corporation.

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    Zacks22 days ago

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  • This Oil Stock Could Be a Big Winner in the Coming Year
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  • MarketWatchlast month

    Energy stocks surge, as heightened Middle East tensions fuel oil price rally

    Energy stocks traded broadly higher Thursday, as increased tension in the Middle East fueled a surge in oil prices. The SPDR Energy Select Sector ETF jumped 1.8% in morning trading, with all 29 of its equity components trading higher, while the Dow Jones Industrial Average hiked up 215 points, or 0.8%. Among the more-active members, shares of Halliburton Co. rose 3.0%, Marathon Oil Corp. gained 3.2%, Schlumberger Ltd. tacked on 3.1%, Exxon Mobil Corp. advanced 1.7% and Chevron Corp. added 1.1%. Elsewhere, Chesapeake Energy Corp.'s stock powered up 4.4% on NYSE-leading volume of 6.3 million shares. August crude oil futures rallied 4.5%, after news that Iran's Revolutionary Guard said it shot down a U.S. drone. Also helping boost prices, data out Wednesday showed that U.S. crude supplies fell, and a firmer date for an Organization of the Petroleum Exporting Countries (OPEC) meeting was in place to review pledged production limits.

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  • What To Know Before Buying Marathon Oil Corporation (NYSE:MRO) For Its Dividend
    Simply Wall St.last month

    What To Know Before Buying Marathon Oil Corporation (NYSE:MRO) For Its Dividend

    Could Marathon Oil Corporation (NYSE:MRO) be an attractive dividend share to own for the long haul? Investors are...