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How to Buy Marathon Oil Stock

Marathon Oil Corp

Marathon Oil is a oil and gas company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker MRO on the NYSE exchange.

Marathon Oil stock last closed at $27.53, down 1.04% from the previous day, and has increased 11.32% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.07 percentage points. Marathon Oil stock is currently +27.28% from its 52-week low of $21.63, and -8.42% from its 52-week high of $30.06.

At the moment, there are 577.2M MRO shares outstanding. The market value of MRO is $15.89B. In the last 24 hours, 5.98M MRO shares were traded.

How to Buy Marathon Oil Stock

Not sure how to invest in Marathon Oil stock? Here's how.
  1. Choose where to buy Marathon Oil stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy Marathon Oil stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Fund your investment account: Pick your method of payment and add your info.
  4. Research Marathon Oil stock: The Marathon Oil ticker symbol is MRO. Is Marathon Oil stock a good investment? Should you buy shares of MRO? How do MRO's underlying business fundamentals look? Do top analysts think Marathon Oil is a good buy? Why has MRO's stock price moved recently? (Hint: Our stock analysis website can help you understand if MRO is a good stock to buy).
  5. Place your MRO buy order: Decide if you will purchase MRO shares at the current market price or use a limit order to buy MRO stock at a particular price.
  6. Get notifications regarding your MRO position: Create a watchlist to important updates regarding your investment in Marathon Oil shares.

Step 1: Choose where to buy Marathon Oil stock

You will need a brokerage account to access the NYSE market and buy MRO shares.

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Step 2: Create a brokerage account

Now that you've chosen the best brokerage, you'll need to fill out some personal information so you are able to buy MRO stock today.

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Step 3: Fund your investment account

Now that you've filled out your info on the best stock market app, you can securely and quickly fund your account:

Watch this video walkthrough to see the process of transferring money into your new brokerage account.

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Step 4: Research Marathon Oil stock

Once you have chosen the best place to buy Marathon Oil stock, it's critical to evaluate their stock prior to investing, so you actually understand the risk as well as the upside.

Marathon Oil quick stats

MRO Price
$27.53
1w %
-0.54%
1y %
11.32%
5y %
51.68%
P/E
10.75x
P/B
1.42x
P/S
2.5x
PEG
0.21x
Revenue
$6.70B
Earnings
$1.55B
Fore. Rev. Growth
1.96%
Fore. Earn. Growth
56.12%
Market Cap
$15.89B
Next Earnings
May 2, 2024
Next Dividend
N/A

Fundamentals of Marathon Oil

WallStreetZen was built to help part-time investors perform better fundamental analysis.

You can see all of the due diligence checks on MRO's stock page.

Is MRO stock overvalued?

Analysts use many financial metrics, analyses, models, and charts to gauge MRO's intrinsic value.

Using relative valuations methods:

  • MRO may be undervalued based on its P/E ratio of 10.75x, relative to Oil & Gas E&P industry P/E ratio of 15.16x
  • MRO could be undervalued based on its P/B ratio of 1.42x, relative to Oil & Gas E&P industry P/B ratio of 2.15x
  • MRO could be undervalued based on its PEG ratio of 0.21x

You can do additional valuation analysis on MRO's stock here.

MRO Financial Health Overview

Signs that MRO is financially healthy:

  • Total MRO debt is lower than 5 years ago, relative to shareholder equity.
  • MRO's operating cash flow of $4.09B allows it to safely service it's debt of $5.43B.
  • MRO earnings of $2.26B is not sufficient to cover its interest payments.

Signs that MRO is not financially healthy:

  • There are more short-term liabilities than short-term assets on the MRO balance sheet.
  • MRO profit margin has gone down from 44.9% to 23.2% in the past year.
  • MRO has a relatively high debt to equity ratio of 0.75.
  • There are more long-term liabilities than short-term assets on the MRO balance sheet.

Is it a good time to buy MRO stock, according to analysts?

Out of 15 Wall Street analysts who track MRO, the consensus analyst rating on Marathon Oil is a Strong Buy

Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.

Most Recent MRO Analyst Ratings

Betty Jiang, a bottom 10% analyst from Barclays initiates coverage on MRO with a strong buy rating and announces their MRO price target of $35.00, on Apr 10, 2024.

Neal Dingmann, a top 1% analyst from Truist Securities maintains MRO with a strong buy rating and raises their MRO price target from $35.00 to $36.00, on Apr 5, 2024.

Truist Securities's Neal Dingmann raised their price target on Marathon Oil (NYSE: MRO) by 2.9% from $35 to $36 on 2024/04/05. The analyst maintained their Strong Buy rating on the stock.

The analyst made their price target move after taking a deep dive into names in their Energy (Oil & Gas Exploration & Production) portfolio.

With the combination of a solid 2024 commodity landscape, potentially lower oilfield equipment and services pricing, continued routine operations for most names in the space, and the maintenance of material shareholder returns, there is no reason not to give the space a "Strong Buy" rating, Dingmann said.

The analyst told readers that Truist Securities expects "the sector's current underweight positioning to change," stating that recent discussions indicate only the "Long Onlys" remain underweight on the energy sector compared to the firm's benchmark.

Neil Mehta, a top 5% analyst from Goldman Sachs maintains MRO with a hold rating and raises their MRO price target from $26.50 to $30.00, on Mar 26, 2024.

Nitin Kumar, a top 1% analyst from Mizuho maintains MRO with a hold rating and raises their MRO price target from $28.00 to $31.00, on Mar 22, 2024.

Derrick Whitfield, a top 8% analyst from Stifel Nicolaus maintains MRO with a strong buy rating and lowers their MRO price target from $39.00 to $36.00, on Mar 22, 2024.

You can dive deeper into what analysts are forecasting on the Marathon Oil stock forecast page.

MRO Technicals

SMA10
28.13
SMA20
28.59
SMA50
26.41
SMA100
25.01
SMA200
25.62
MACD
0.27
MACD Signal
0.61
MACD Histogram
-0.33
RSI
47.19
Stochastic %K
23.17
Stochastic %D
18.21
StochRSI %K
8.09
StochRSI %D
6.46

Is MRO Making Money?

Last year, MRO earnings were $1.55B. In the past five year, MRO's earnings have grown by 14.51% per year. This was faster than the Oil & Gas E&P industry average of 12.87%.

Last year, MRO revenue was $6.70B. During the last 5 year, MRO's revenue has increased by 0.35% per year. This was slower than the Oil & Gas E&P industry average of 19.2%.

Learn more about MRO's earnings and revenue performance here.

What are MRO insiders up to?

In the last 12 months, executives and large shareholders at MRO have sold more shares than they have bought.

Patrick Wagner, Executive Vice President Corporate Development and Strategy of MRO, was the latest MRO insider to sell. They sold $997,890.82 worth of MRO shares on Mar 27, 2024.

Research more about who owns MRO shares here.

Can I rely on MRO as an income stream?

Marathon Oil pays a dividend of 1.53%, compared to the Oil & Gas E&P industry's average dividend yield of 3.56%. If you owned $1,000 worth of MRO stock, you would have been paid $15.26 in the past year.

Marathon Oil dividend payments have not consistently grown over the past decade and have not remained stable.

Find more data about Marathon Oil dividend yield and history here.

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Step 5: Place your MRO buy order

There are two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are generally the easiest way to buy.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a particular dollar amount, use a limit order.

Hit the Open Trade button and your broker will place your order.

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Step 6: Get notifications regarding your MRO position

Now that you own some MRO shares, you'll want to keep up with your new investment.

Add MRO to a watchlist to get alerted to the latest events about your MRO stock.

MRO Feed

How to Buy Stock in Marathon Oil

To summarize, here are the 6 steps to buy Marathon Oil stock:

  1. Choose where to buy Marathon Oil stock
  2. Create a brokerage account
  3. Fund your investment account
  4. Research Marathon Oil stock
  5. Place your MRO buy order
  6. Get notifications regarding your MRO position

If you need a brokerage account, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to monitor your investment in Marathon Oil, create a watchlist on WallStreetZen today.

NYSE: MRO
$27.53-0.29 (-1.04%)
Updated Apr 24, 2024
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NYSE: MRO
$27.53-0.29 (-1.04%)
Updated Apr 24, 2024
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FAQ

How much does it cost to buy one Marathon Oil share?

As of Apr 24, 2024, it costs $27.53 to buy one share of Marathon Oil stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.363 shares of MRO.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Marathon Oil stock?

According to 15 Wall Street analysts who monitor Marathon Oil, their consensus recommendation is to buy Marathon Oil stock.

What is the best way to buy Marathon Oil stock?

One way to place an order for Marathon Oil stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.