Marathon Oil Corporation
(MRO)
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26.21 USD +0.14
Closed: 17 May, 3:55 pm
Symbol MRO
Market Cap 14.7B
Price 26.21
Open 26.27
52-wk High 30.06
50 Day Avg 27.38
Earnings Announcement 2024-07-31
Website https://www.marathonoil.com
Name Marathon Oil Corporation
Shares Outstanding 564,036,000
Change % 0.3062%
Low 26.10
52-wk Low 21.81
200 Day Avg 25.74
Last Dividend 0.44
Exchange NYSE
Volume 5,646,354
Previous Close 26.13
High 26.36
EPS 2.42
PE 10.83
Avg Volume 9,521,630
CUSIP 565849106
Marathon Oil Corporation Outlook
Description Marathon Oil Corporation operates as an independent exploration and production company in the United States and internationally. The company engages in the exploration, production, and marketing of crude oil and condensate, natural gas liquids, and natural gas; and the production and marketing of products manufactured from natural gas, such as liquefied natural gas and methanol. It also owns and operates 32 central gathering and treating facilities; and the Sugarloaf gathering system, a 42-mile natural gas pipeline through Karnes and Atascosa Counties. The company was formerly known as USX Corporation and changed its name to Marathon Oil Corporation in December 2001. Marathon Oil Corporation was founded in 1887 and is headquartered in Houston, Texas.
Currency USD
ISIN US5658491064
Industry Oil & Gas Exploration & Production
Changes 0.08
CUSIP 565849106
Range 21.81 - 30.06
Beta 2.23
CIK 0000101778

Marathon Oil Corporation News

14-May-2024 1:01 PM

All You Need to Know About Marathon Oil (MRO) Rating Upgrade to Buy

Marathon Oil (MRO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

09-May-2024 10:10 AM

3 Stocks to Buy From the Promising Integrated US Energy Industry

Integrated players' midstream operations remain robust due to steady fee-based revenues derived from pipeline assets, improving the prospects for the Zacks Oil & Gas US Integrated industry. ConocoPhillips (COP), Marathon Oil (MRO) and Berry (BRY) are likely to gain.

08-May-2024 10:46 AM

Are Oils-Energy Stocks Lagging Marathon Oil (MRO) This Year?

Here is how Marathon Oil (MRO) and Plains All American Pipeline (PAA) have performed compared to their sector so far this year.

07-May-2024 10:46 AM

Are Investors Undervaluing Marathon Oil (MRO) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

02-May-2024 1:39 PM

Marathon Oil Corporation (MRO) Q1 2024 Earnings Call Transcript

Marathon Oil Corporation (NYSE:MRO ) Q1 2024 Earnings Conference Call May 2, 2024 9:00 AM ET Company Participants Guy Baber - VP, IR Lee Tillman - Chairman, President & CEO Dane Whitehead - Adviser, CEO Rob White - VP, Controller, CAO & CFO Michael Henderson - EVP, Operations Patrick Wagner - EVP, Corporate Development & Strategy Conference Call Participants Scott Hanold - RBC Capital Markets Arun Jayaram - JPMorgan Chase & Co. Betty Jiang - Barclays Bank Neal Dingmann - Truist Securities Nitin Kumar - Wells Fargo Securities Matthew Portillo - TPH Operator Good day, and welcome to the Marathon Oil First Quarter 2024 Earnings Conference Call. [Operator Instructions].

02-May-2024 10:51 AM

Marathon (MRO) Q1 Earnings Beat on Oil Price Improvement

Marathon Oil (MRO) spends $503 million in capital and exploratory expenditures during the quarter and rakes in $$239 million in adjusted free cash flow.

01-May-2024 5:32 PM

Marathon Oil narrowly beats first quarter profit estimates on higher prices

Oil and gas firm Marathon Oil narrowly beat first-quarter profit estimates on Wednesday, helped by higher oil and liquefied natural gas (LNG) pricing.

01-May-2024 4:30 PM

Marathon Oil Reports First Quarter 2024 Results

Returned $350 Million to Shareholders and Sanctioned Equatorial Guinea Drilling Program HOUSTON , May 1, 2024 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) reported first quarter 2024 net income of $297 million or $0.52 per diluted share, which includes the impact of certain items not typically represented in analysts' earnings estimates and that would otherwise affect comparability of results. Adjusted net income was $317 million or $0.55 per diluted share.

25-Apr-2024 9:11 AM

Marathon (MRO) Q1 Earnings on Deck: Here's How It Will Fare

A drop in production is likely to have impacted the first-quarter earnings of Marathon Oil (MRO).

24-Apr-2024 4:30 PM

Marathon Oil Corporation Declares First Quarter 2024 Dividend

HOUSTON , April 24, 2024 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today that the Company's board of directors has declared a dividend of 11 cents per share on Marathon Oil Corporation common stock. The dividend is payable on June 10, 2024, to stockholders of record on May 15, 2024.

24-Apr-2024 11:07 AM

Analysts Estimate Marathon Oil (MRO) to Report a Decline in Earnings: What to Look Out for

Marathon Oil (MRO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.