Beta factor of the stock stands at 1.05.
Marathon Oil Corporation (NYSE:MRO) most recently reported a previous quarter earnings per share of $-0.11. That fall sent the price at $28.13 per share as of February 01,2017 when the total trading capacity was lower compared with their three months average volume of 5.31M shares.
It also announced it planned to spend $1.7 billion in capital investment this year. Analysts set a 12-month price target of $47.19 a share.
On Jan. 26, 2017 Marathon Oil Corporation (MRO) announced it plans to issue its fourth quarter and full-year 2016 earnings news release and details of the Company's 2017 capital program on Wednesday, Feb. 15, after the close of USA financial markets. The company reported $0.58 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.81 by $0.23.
Marathon Oil Corporation has lost 6.54% in the last five trading days and dropped 4.16% in the last 4 weeks. This quarter analysts say they expect sales to move at $9.36 billion - higher from $7.79 billion the year before. This was up from $15.68 billion previous year. The company had revenue of $1229.00 million for the quarter, compared to analysts expectations of $1097.56 million. Analysts have placed a $20.36 price target on Marathon Oil Corporation, suggesting a 21.55% gain from recent close.
A number of brokerages have issued reports on MPC. The shares of Marathon Oil Corporation now represents 10 Percent Distance from 200-Day simple Moving Average. Analysts have a mean recommendation of 2.50 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The company now has a consensus rating of "Buy" and an average target price of $55.04.
Stock performance of Marathon Oil Corporationis analyzed for various periods using several stock trading signals. Sei Investments Co. increased its stake in Marathon Petroleum Corporation by 11.1% in the second quarter. Earlier the firm had a rating of "Neutral " on the company shares. AlphaMark Advisors LLC now owns 3,020 shares of the company's stock valued at $115,000 after buying an additional 1,500 shares during the last quarter. The company has a 52-week high of $19.28. Marathon Petroleum Corp makes up approx 0.01% of First Manhattan Co's portfolio. The stock, after opening at $16.55, hit $16.75 through the close by scoring 1.33%. The company has a market cap of $14,055 million and there are 847,211,290 shares in outstanding.
Marathon Petroleum Corporation (MPC) is engaged petroleum product refining marketing retail and transportation businesses. The Company's segments include Refining & Marketing, Speedway, and Midstream.