A new trading day began on Friday, with Marathon Oil Corporation (NYSE: MRO) stock price up 0.36% from the previous day of trading, before settling in for the closing price of $27.40. MRO’s price has ranged from $21.63 to $30.06 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Energy sector company grew by 9.48% over the past five years. Meanwhile, its annual earnings per share averaged 6.37%. With a float of $574.93 million, this company’s outstanding shares have now reached $577.00 million.
Let’s look at the performance matrix of the company that is accounted for 1681 employees.
Marathon Oil Corporation (MRO) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas E&P Industry. The insider ownership of Marathon Oil Corporation is 0.39%, while institutional ownership is 78.05%. The most recent insider transaction that took place on Mar 27 ’24, was worth 997,887. In this transaction an insider of this company sold 36,094 shares at a rate of $27.65, taking the stock ownership to the 140,829 shares. Before that another transaction happened on Mar 25 ’24, when Company’s Executive VP, Operations sold 51,389 for $27.59, making the entire transaction worth $1,418,051. This insider now owns 114,828 shares in total.
Marathon Oil Corporation (MRO) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 125.78 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 6.37% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -8.79% during the next five years compared to 14.58% growth over the previous five years of trading.
Marathon Oil Corporation (NYSE: MRO) Trading Performance Indicators
Here are Marathon Oil Corporation’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.35. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.48. Likewise, its price to free cash flow for the trailing twelve months is 7.82.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.56, a number that is poised to hit 0.55 in the next quarter and is forecasted to reach 3.15 in one year’s time.
Technical Analysis of Marathon Oil Corporation (MRO)
Marathon Oil Corporation (NYSE: MRO) saw its 5-day average volume 10.01 million, a positive change from its year-to-date volume of 9.9 million. As of the previous 9 days, the stock’s Stochastic %D was 4.07%. Additionally, its Average True Range was 0.62.
During the past 100 days, Marathon Oil Corporation’s (MRO) raw stochastic average was set at 68.97%, which indicates a significant increase from 9.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.47% in the past 14 days, which was lower than the 23.17% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $26.10, while its 200-day Moving Average is $25.55. Nevertheless, the first resistance level for the watch stands at $27.90 in the near term. At $28.31, the stock is likely to face the second major resistance level. The third major resistance level sits at $28.64. If the price goes on to break the first support level at $27.17, it is likely to go to the next support level at $26.84. The third support level lies at $26.43 if the price breaches the second support level.
Marathon Oil Corporation (NYSE: MRO) Key Stats
With a market capitalization of 15.87 billion, the company has a total of 571,477K Shares Outstanding. Currently, annual sales are 6,407 M while annual income is 1,554 M. The company’s previous quarter sales were 1,585 M while its latest quarter income was 397,000 K.
