Marathon Oil/MRO

$26.29

-0.64%
-
1D1W1MYTD1YMAX

About Marathon Oil

Marathon Oil Corporation is an independent exploration and production company. The Company is focused on the United States resource plays, which include Eagle Ford in Texas, Bakken in North Dakota, Sooner Trend Anadarko Basin Canadian and Kingfisher Counties (STACK) and South-Central Oklahoma Oil Province (SCOOP) in Oklahoma and Permian in New Mexico and Texas. The Company operates through two segments: United States and International. The United States segment explores for, produces and markets crude oil and condensate, natural gas liquids (NGLs) and natural gas in the United States. The International segment explores for, produces and markets crude oil and condensate, NGLs and natural gas outside of the United States as well as produces and markets products manufactured from natural gas, such as LNG and methanol, in Equatorial Guinea (E.G.). Its subsidiaries include Alba Associates LLC, Alba Equatorial Guinea Partnership, L.P., Alba Plant LLC and AMPCO Marketing, L.L.C.

Ticker

MRO

Sector

Energy

Trading on

NYSE

Industry

Oil & Gas Operations

CEO

Lee Tillman

Employees

1,681

Headquarters

Houston, United States

Marathon Oil Metrics

BasicAdvanced
$15B
Market cap
10.87
P/E ratio
$2.41
EPS
2.15
Beta
$0.43
Dividend rate
1.68%
Dividend yield
$15B
2.15038
$30.06
$21.81
9.5M
$0.43
0.547
0.484
41.08
48.708
17.57%
15.581
6.14%
7.23%
12.73%
8.27%
10.866
2.255
1.336
1.327
9.103
1.48%
1.64%
1.68%
-18.01%
-40.74%
29.48%
56.3%

What the Analysts think about Marathon Oil

Analyst Ratings

Majority rating from 25 analysts.
Buy

Price Targets

Average projection from 22 analysts.
30.54% upside
High $45.00
Low $27.00
$26.29
Current price
$34.32
Average price target

Marathon Oil Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
19.14% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$1.6B
-7.68%
Net income
$297M
-25.19%
Profit margin
19.14%
-19%

Marathon Oil Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 1.79%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.48
$0.77
$0.69
$0.55
-
Expected
$0.46
$0.71
$0.63
$0.54
$0.72
Surprise
4.82%
7.95%
9.94%
1.79%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Marathon Oil stock?

Marathon Oil (MRO) has a market cap of $15B as of May 22, 2024.

What is the P/E ratio for Marathon Oil stock?

The price to earnings (P/E) ratio for Marathon Oil (MRO) stock is 10.87 as of May 22, 2024.

Does Marathon Oil stock pay dividends?

Yes, the Marathon Oil (MRO) stock pays dividends to shareholders. As of May 22, 2024, the dividend rate is $0.43 and the yield is 1.68%. Marathon Oil has a payout ratio of 17.57% on a trailing twelve-month basis.

When is the next Marathon Oil dividend payment date?

The next Marathon Oil (MRO) dividend payment is scheduled for June 10, 2024.

What is the beta indicator for Marathon Oil?

Marathon Oil (MRO) has a beta rating of 2.15. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Marathon Oil stock price target?

The target price for Marathon Oil (MRO) stock is $34.32, which is 30.54% above the current price of $26.29. This is an average based on projections from 22 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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