5.48 +0.11 (2.05%)
After hours: 7:59PM EDT
|Bid||5.47 x 2900|
|Ask||5.52 x 45900|
|Day's Range||4.97 - 5.39|
|52 Week Range||3.02 - 14.39|
|Beta (5Y Monthly)||3.40|
|PE Ratio (TTM)||16.73|
|Earnings Date||Aug. 05, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Feb. 18, 2020|
|1y Target Est||7.48|
Investors need to pay close attention to Marathon Oil (MRO) stock based on the movements in the options market lately.
Shares of Marathon Oil (NYSE: MRO) plummeted 54.9% during the first half of this year, according to data provided by S&P Global Market Intelligence. The main factor was the massive crash in crude oil prices as the COVID-19 pandemic crushed demand in an already oversupplied market. Oil prices began 2020 at around $60 a barrel, but cratered as demand plummeted after governments imposed restrictions on travel and nonessential businesses to slow the spread of COVID-19.
The Zacks Analyst Blog Highlights: QEP Resources, Marathon Oil, Occidental Petroleum and Continental Resources
One day after big gains, investors likely got worried about the very things that led to the gains in the first place.
The Zacks Analyst Blog Highlights: QEP Resources, Occidental Petroleum, Marathon Oil and Continental Resources
Explorers and producers may start adding rigs in shale plays since the energy sector is stealing the show again, with oil gradually entering the bullish territory.
Yahoo Finance’s Jared Blikre joins Heidi Chung to discuss the latest oil & energy outlook as OPEC and allies agree to extend record oil production cut.
Marathon Oil (MRO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Domestic drillers may continue to lower rigs in oil patches since global energy demand has declined drastically owing to the coronavirus pandemic.
Marathon Oil (NYSE: MRO) is one of the many oil and gas producers feeling the impact of lower crude prices. CEO Lee Tillman stated that while "we are truly in uncharted waters," Marathon is "determined and confident that we will emerge from this correction, a healthier company with an improved cost structure and ample financial flexibility." While that lower spending level, and the associated reduction in its drilling activities, will cause its production to slide over the near term, Marathon expects volumes to begin improving by the fourth quarter.
Missed the slew of shale oil earnings? Here's a quick run-through of how some of the bigwigs fared in their first-quarter earnings reports.
Marathon Oil's (MRO) U.S. production costs summed $4.63 per BOE, 11.1% lower year over year and the lowest since the company became a standalone E&P entity.
Marathon Oil (MRO) delivered earnings and revenue surprises of -23.08% and 20.42%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Oil prices managed to return to positive territory by Monday’s afternoon trading in New York, but could have trouble staying there after an industry regulator for Texas declared “dead” a plan to cut output in the largest oil-producing state in the U.S. Forecasts that the Energy Information Administration will report fairly largely weekly builds for crude, gasoline and distillates in its routine dataset due on Wednesday could also weigh on the more-than-60% recovery seen on the West Texas Intermediate crude benchmark over the past four sessions. U.K.-traded Brent, the global benchmark for oil, was up 10 cents, or 0.4%, at $26.54.