Societe Generale upgraded shares of Marathon Oil Corporation (NYSE:MRO) from a maintain ranking to a purchase ranking in a report issued on Thursday, MarketBeat studies.
MRO has been the topic of a lot of different studies. Scotiabank set a $19.00 goal value on shares of Marathon Oil Corporation and gave the corporate a purchase ranking in a report on Wednesday, October 4th. Stifel Nicolaus set a $10.00 goal value on shares of Marathon Oil Corporation and gave the corporate a maintain ranking in a report on Thursday, October fifth. Piper Jaffray Companies set a $20.00 goal value on shares of Marathon Oil Corporation and gave the corporate a purchase ranking in a report on Friday, August 25th. BidaskClub raised shares of Marathon Oil Corporation from a powerful promote ranking to a promote ranking in a report on Saturday, August fifth. Finally, Stephens badumed protection on shares of Marathon Oil Corporation in a report on Wednesday, July 12th. They issued an equal weight ranking and a $14.00 goal value for the corporate. Three equities badysis badysts have rated the inventory with a promote ranking, fifteen have issued a maintain ranking and ten have given a purchase ranking to the corporate. The firm has a consensus ranking of Hold and a mean value goal of $17.31.
Shares of Marathon Oil Corporation (NYSE MRO) traded up $Zero.14 on Thursday, reaching $15.58. 17,306,189 shares of the corporate had been exchanged, in comparison with its common quantity of 11,024,122. Marathon Oil Corporation has a 52-week low of $10.55 and a 52-week excessive of $19.28. The firm has a debt-to-equity ratio of Zero.54, a present ratio of two.12 and a fast ratio of two.06.
Marathon Oil Corporation (NYSE:MRO) final introduced its earnings outcomes on Wednesday, November 1st. The oil and fuel producer reported ($Zero.08) EPS for the quarter, beating badysts’ consensus estimates of ($Zero.14) by $Zero.06. Marathon Oil Corporation had a unfavorable internet margin of 148.07% and a unfavorable return on fairness of two.89%. The enterprise had income of $1.25 billion through the quarter, in comparison with badysts’ expectations of $1.04 billion. During the identical interval within the prior 12 months, the corporate earned ($Zero.23) earnings per share. The enterprise’s income was up 26.5% in comparison with the identical quarter final 12 months. sell-side badysts predict that Marathon Oil Corporation will put up -Zero.42 earnings per share for the present fiscal 12 months.
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The enterprise additionally just lately introduced a quarterly dividend, which can be paid on Monday, December 11th. Shareholders of report on Wednesday, November 15th can be given a dividend of $Zero.05 per share. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $Zero.20 annualized dividend and a yield of 1.28%. Marathon Oil Corporation’s payout ratio is at the moment -2.40%.
Several hedge funds and different institutional buyers have just lately made adjustments to their positions in MRO. Integrated Investment Consultants LLC lifted its holdings in shares of Marathon Oil Corporation by 33.eight% within the second quarter. Integrated Investment Consultants LLC now owns 9,054 shares of the oil and fuel producer’s inventory valued at $107,00Zero after buying a further 2,287 shares within the final quarter. Dupont Capital Management Corp bought a brand new stake in shares of Marathon Oil Corporation within the second quarter valued at about $122,00Zero. JFS Wealth Advisors LLC lifted its holdings in shares of Marathon Oil Corporation by 27.6% within the second quarter. JFS Wealth Advisors LLC now owns 12,453 shares of the oil and fuel producer’s inventory valued at $148,00Zero after buying a further 2,693 shares within the final quarter. IBM Retirement Fund bought a brand new stake in shares of Marathon Oil Corporation within the second quarter valued at about $149,00Zero. Finally, Zweig DiMenna Associates LLC bought a brand new stake in shares of Marathon Oil Corporation within the second quarter valued at about $150,00Zero. 81.08% of the inventory is at the moment owned by institutional buyers.
About Marathon Oil Corporation
Marathon Oil Corporation is an exploration and manufacturing (E&P) firm. The Company operates via three segments: North America E&P, International E&P and Oil Sands Mining. The North America E&P section explores for, produces and markets crude oil and condensate, pure fuel liquids (NGLs) and pure fuel in North America.
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