Marathon Oil Corporations in-depth stock price analysis indicates that the stock price has rallied 3.65% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 1.5% . Looking at the past 52 week period, the stock price is up at 116.16% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Marathon Oil Corporation has a positive value of 55.39 compared to overall market. Marathon Oil Corporation (NYSE:MRO) has tumbled 6.04% during the past week and has dropped 7.22% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 6.79%. Marathon Oil Corporation (NYSE:MRO) has underperformed the index by 8.88% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Marathon Oil Corporation (NYSE:MRO) : On Friday heightened volatility was witnessed in Marathon Oil Corporation (NYSE:MRO) which led to swings in the share price. The stock opened for trading at $16.38 and hit $16.4 on the upside , eventually ending the session at $16.19, with a gain of 0.87% or 0.14 points. The heightened volatility saw the trading volume jump to 11,992,619 shares. The 52-week high of the share price is $19.28 and the company has a market cap of $13,716 million. The 52-week low of the share price is at $6.52 .
Marathon Oil Corporation Last issued its quarterly earnings results on Nov 2, 2016. The company reported $-0.23 EPS for the quarter, missing the analyst consensus estimate by $ -0.04. Analyst had a consensus of $-0.19. The company had revenue of $1229.00 million for the quarter, compared to analysts expectations of $1097.56 million. The companys revenue was down -7.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.20 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Marathon Oil Corporation was Downgraded by Instinet to Neutral on Dec 15, 2016. Company shares were Downgraded by UBS on Dec 13, 2016 to Neutral, Raises Price Target to $ 20 from a previous price target of $17 .Marathon Oil Corporation was Initiated by Susquehanna to Neutral on Nov 18, 2016.
Company has reported several Insider transactions to the SEC, on Sep 22, 2015, Patrick Wagner (V.P.-Corporate Development) purchased 5,000 shares at 15.40 per share price.On Aug 7, 2015, Lee M Tillman (CEO) purchased 25,600 shares at 19.51 per share price.
Marathon Oil Corporation is a leading exploration and production company with extensive operations across four core regions – Africa, Middle East, Europe and North America. As of year-end 2014, Marathon had approximately 2.2 billion oil-equivalent barrels (BBOE) in proved reserves (80% liquids and 67% developed). The companys business is organized into three segments – North America Exploration and Production, International Exploration and Production, and Oil Sands Mining. In July 2011, Marathon completed the spin-off of its refining/sales business into a separate, independent and publicly traded company Marathon Petroleum Corporation (Ticker: MPC).