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.
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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.
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.
Analysts use many financial metrics, analyses, models, and charts to gauge MRO's intrinsic value.
Using relative valuations methods:
You can do additional valuation analysis on MRO's stock here.
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.
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.
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.
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.
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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