Shares of Marathon Oil have moved 1.5% today, and are now trading at a price of $28.86. In contrast, the S&P 500 index saw a -1.0% change. Today's trading volume is 1,208,746 compared to the stock's average volume of 10,765,064.
Marathon Oil Corporation operates as an independent exploration and production company in the United States and internationally. Based in Houston, United States the company has 1,570 full time employees and a market cap of $17,483,153,408. Marathon Oil currently offers its equity investors a dividend that yields 1.4% per year.
The company is now trading -13.89% away from its average analyst target price of $33.52 per share. The 23 analysts following the stock have set target prices ranging from $26.0 to $45.0, and on average give Marathon Oil a rating of buy.
Over the last 52 weeks, MRO stock has risen 5.0%, which amounts to a -13.0% difference compared to the S&P 500. The stock's 52 week high is $33.42 whereas its 52 week low is $20.57 per share. Based on Marathon Oil's average net margin growth of 5.4% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-02-16 | 8,036,000 | 3,612,000 | 45 | 164.71 |
| 2022-02-17 | 5,467,000 | 946,000 | 17 | 136.17 |
| 2021-02-23 | 3,086,000 | -1,451,000 | -47 | -622.22 |
| 2020-02-20 | 5,190,000 | 480,000 | 9 | -47.06 |
| 2019-02-21 | 6,582,000 | 1,096,000 | 17 | 114.17 |
| 2018-02-22 | 4,765,000 | -5,723,000 | -120 |
