Marathon Oil Corporation (MRO)
| Market Cap | 15.15B |
| Revenue (ttm) | 8.04B |
| Net Income (ttm) | 3.61B |
| Shares Out | 629.65M |
| EPS (ttm) | 5.26 |
| PE Ratio | 4.51 |
| Forward PE | 5.92 |
| Dividend | $0.35 (1.45%) |
| Ex-Dividend Date | Feb 14, 2023 |
| Volume | 4,603,443 |
| Open | 23.80 |
| Previous Close | 23.71 |
| Day's Range | 23.80 - 24.26 |
| 52-Week Range | 19.42 - 33.42 |
| Beta | 2.38 |
| Analysts | Buy |
| Price Target | 34.11 (+41.74%) |
| Earnings Date | May 2, 2023 |
About MRO
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 C... [Read more]
Financial Performance
In 2022, Marathon Oil's revenue was $8.04 billion, an increase of 46.99% compared to the previous year's $5.47 billion. Earnings were $3.61 billion, an increase of 281.82%.
Financial StatementsAnalyst Forecast
According to 31 analysts, the average rating for MRO stock is "Buy." The 12-month stock price forecast is $34.11, which is an increase of 41.74% from the latest price.
News
Marathon Oil Announces Agreement to Further Develop Equatorial Guinea Gas Mega Hub
HOUSTON , March 30, 2023 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO), through its affiliated company Marathon E.G. Holding Limited, announced it has signed a Heads of Agreement (HOA) with the...
Marathon Oil Schedules First Quarter 2023 Earnings Release and Conference Call
HOUSTON , March 29, 2023 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today it plans to issue its first quarter 2023 earnings release on Wednesday, May 3, after the close of U.S. fin...
Here's why there is a buying opportunity in energy stocks, according to RBC Capital's Scott Hanold
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Marathon (MRO) Stock Down Since Q4 Earnings: Here's Why
Marathon Oil (MRO) spent $344 million in capital and exploratory expenditures during the quarter and raked in $763 million in adjusted free cash flow.
Marathon Oil (MRO) Surpasses Q4 Earnings and Revenue Estimates
Marathon Oil (MRO) delivered earnings and revenue surprises of 10% and 1.07%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Marathon Oil Announces 2023 Capital Budget and Reports Fourth Quarter and Full Year 2022 Results
Returned $3 Billion of Capital to Shareholders in 2022 HOUSTON , Feb. 15, 2023 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) reported full year 2022 net income of $3,612 million, or $5.26 per d...
Why Marathon Oil (MRO) is Poised to Beat Earnings Estimates Again
Marathon Oil (MRO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Marathon (MRO) to Report Q4 Earnings: What's in Store?
While strong commodity prices are likely to have boosted Marathon Oil's (MRO) fourth-quarter results, escalation in costs might have played spoilsport.
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Marathon Oil (MRO) Reports Next Week: Wall Street Expects Earnings Growth
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.
Marathon Oil Corporation Declares Fourth Quarter 2022 Dividend
HOUSTON , Jan. 25, 2023 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today that the Company's board of directors has declared a dividend of 10 cents per share on Marathon Oil Corpora...
U.S. oil & gas M&A hit 17-year low; big firms dominate deals-report
U.S. oil and gas deal-making declined by 13% last year to $58 billion compared to 2021, according to energy technology firm Enverus, with the volume of activity hitting its lowest level since 2005 as ...
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Marathon Oil Schedules Fourth Quarter and Full-Year 2022 Earnings Release and Conference Call
HOUSTON , Jan. 11, 2023 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today it plans to issue its fourth quarter and full-year 2022 earnings news release on Wednesday, Feb. 15, after ...
Top Picks 2023: Seven Ways To Energize Portfolios
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S&P energy sector's record 2022 performance ‘built on downfall of others'
The S&P 500's energy sector was boosted by rising oil prices as other sectors suffered amid inflation and weakened economy
Marathon Oil Completes Eagle Ford Acquisition
HOUSTON, Dec. 27, 2022 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) today announced the completion of its acquisition of the Eagle Ford assets of Ensign Natural Resources for a total cash cons...
Energy stock playbook for 2023: Here's what investors should expect
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Oil and gas stocks pace the S&P 500 gainers as crude futures surge
The S&P 500's top gainers were littered with shares companies in the energy sector, as crude oil futures surged on worries over a drop in exports from Russia. The SPDR Energy Select Sector ETF XLE, +2...