Marathon Oil Corporation (MRO) poses a Brand-New Opportunity for Investors with beta value of 2.22

As on Wednesday, Marathon Oil Corporation (NYSE: MRO) started slowly as it slid -2.36% to $27.68, before settling in for the price of $28.35 at the close. Taking a more long-term approach, MRO posted a 52-week range of $21.63-$30.06.

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It was noted that the giant of the Energy sector posted annual sales growth of 9.48% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 14.58%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 6.10%. This publicly-traded company’s shares outstanding now amounts to $577.00 million, simultaneously with a float of $574.93 million. The organization now has a market capitalization sitting at $15.98 billion. At the time of writing, stock’s 50-day Moving Average stood at $25.91, while the 200-day Moving Average is $25.51.

Marathon Oil Corporation (MRO) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Oil & Gas E&P industry. Marathon Oil Corporation’s current insider ownership accounts for 0.39%, in contrast to 78.09% institutional ownership. According to the most recent insider trade that took place on Mar 27 ’24, this organization’s insider sold 36,094 shares at the rate of 27.65, making the entire transaction reach 997,887 in total value, affecting insider ownership by 140,829. Preceding that transaction, on Mar 25 ’24, Company’s Executive VP, Operations sold 51,389 for 27.59, making the whole transaction’s value amount to 1,418,051. This particular insider is now the holder of 114,828 in total.

Marathon Oil Corporation (MRO) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 125.37 per share during the current fiscal year.

Marathon Oil Corporation’s EPS increase for this current 12-month fiscal period is 6.10% and is forecasted to reach 3.16 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -8.79% through the next 5 years, which can be compared against the 14.58% growth it accomplished over the previous five years trading on the market.

Marathon Oil Corporation (NYSE: MRO) Trading Performance Indicators

Let’s observe the current performance indicators for Marathon Oil Corporation (MRO). It’s Quick Ratio in the last reported quarter now stands at 0.35. The Stock has managed to achieve an average true range (ATR) of 0.62. Alongside those numbers, its PE Ratio stands at $10.82, and its Beta score is 2.22. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.49. Similarly, its price to free cash flow for trailing twelve months is now 7.87.

In the same vein, MRO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.56, a figure that is expected to reach 0.55 in the next quarter, and analysts are predicting that it will be 3.16 at the market close of one year from today.

Technical Analysis of Marathon Oil Corporation (MRO)

Through scrutinizing the latest numbers posted by the [Marathon Oil Corporation, MRO], it can be observed that its last 5-days Average volume of 9.88 million was lower the volume of 9.93 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 7.15% While, its Average True Range was 0.66.

Raw Stochastic average of Marathon Oil Corporation (MRO) in the period of the previous 100 days is set at 71.15%, which indicates a major rise in contrast to 0.42% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 21.97% that was lower than 23.11% volatility it exhibited in the past 100-days period.