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 $27.39, up 4.18% from the previous day, and has increased 28.05% in one year. It has overperformed other stocks in the Oil & Gas E&P industry by 0.1 percentage points. Marathon Oil stock is currently +33.16% from its 52-week low of $20.57, and -18.04% from its 52-week high of $33.42.
At the moment, there are 605.69M MRO shares outstanding. The market value of MRO is $16.59B. In the last 24 hours, 13.81M MRO shares were traded.
How to Buy Marathon Oil Stock
Not sure how to invest in Marathon Oil stock? Here's how.
- 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.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your investment account: Pick your method of payment and add your info.
- 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).
- 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.
- 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.
Our favorite brokerage: eToro
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Get $10 towards your share purchase by opening an account with eToro now.
Open eToro AccountStep 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.
How to Create a New Account on eToro
- Click here to get started.
- Input your personal info to create a new brokerage account.
- Submit your data by pressing the "Create Account" button.
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.
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
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 8.51x, relative to Oil & Gas E&P industry P/E ratio of 10.58x
- MRO could be undervalued based on its P/B ratio of 1.48x, relative to Oil & Gas E&P industry P/B ratio of 2.15x
- MRO could be undervalued based on its PEG ratio of 0.71x
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 $4.62B allows it to safely service it's debt of $5.86B.
- MRO earnings of $2.92B 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 42.5% to 28.5% in the past year.
- MRO has a relatively high debt to equity ratio of 0.77.
- 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 13 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
Scott Gruber, a top 6% analyst from Citigroup maintains MRO with a strong buy rating and raises their MRO price target from $29.00 to $31.00, on Sep 20, 2023.
Citigroup's Scott Gruber raised their price target on Marathon Oil (NYSE: MRO) by 6.9% from $29 to $31 on 2023/09/20. The analyst maintained their Strong Buy rating on the stock.
In an Energy (Oil & Gas Exploration and Production) sector review note, Gruber predicted that lower sand and steel prices will deliver 5% deflation for E&P names.
Contributions from efficiency gains and minor service rate deflation should push the overall deflation number into the high-single digits, the analyst continued.
As a result, Gruber told investors that Citigroup is now modeling 8% deflation for most E&Ps in FR 2024, below its previous estimate of 10%.
Nitin Kumar, a top 1% analyst from Mizuho maintains MRO with a hold rating and raises their MRO price target from $30.00 to $31.00, on Sep 18, 2023.
John Freeman, a top 1% analyst from Raymond James maintains MRO with a strong buy rating and raises their MRO price target from $40.00 to $45.00, on Sep 14, 2023.
Josh Silverstein, a top 14% analyst from UBS maintains MRO with a strong buy rating and raises their MRO price target from $29.00 to $35.00, on Aug 17, 2023.
Mark Lear, a top 2% analyst from Piper Sandler maintains MRO with a strong buy rating and raises their MRO price target from $32.00 to $34.00, on Aug 14, 2023.
You can dive deeper into what analysts are forecasting on the Marathon Oil stock forecast page.
MRO Technicals
Is MRO Making Money?
Last year, MRO earnings were $2.05B. In the past four year, MRO's earnings have grown by 28.53% per year. This was faster than the Oil & Gas E&P industry average of 28.21%.
Last year, MRO revenue was $7.17B. During the last 5 year, MRO's revenue has increased by 4.4% per year. This was slower than the Oil & Gas E&P industry average of 25.88%.
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.
Lee M. Tillman, Chairman President and CEO of MRO, was the latest MRO insider to sell. They sold $4,369,514.75 worth of MRO shares on Sep 15, 2023.
Research more about who owns MRO shares here.
Can I rely on MRO as an income stream?
Marathon Oil pays a dividend of 1.42%, compared to the Oil & Gas E&P industry's average dividend yield of 3.98%. If you owned $1,000 worth of MRO stock, you would have been paid $14.24 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.
Get analysis from other traders
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
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.
If you need additional help buying stocks on eToro, watch the how to video below:
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:
- Choose where to buy Marathon Oil stock
- Create a brokerage account
- Fund your investment account
- Research Marathon Oil stock
- Place your MRO buy order
- Get notifications regarding your MRO position
If you need a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to monitor your investment in Marathon Oil, create a watchlist on WallStreetZen today.
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