Near term Outlook For Marathon Oil Corporation (NYSE:MRO)


Marathon Oil Corporation (NYSE:MRO) closed its last session at $18.6. The stock traded within a range of $17.94 and $18.81. The company operates in the Energy sector with a market capitalization of 16.01 Million. Trading volume for Marathon Oil Corporation was 13.19 Million in its previous trading session. Currently, Marathon Oil Corporation (NYSE:MRO) has an average volume of 12.31 Million.

Company Profile

Marathon Oil Corporation is a leading exploration and production company with extensive operations across four core regions – Africa, Middle East, Europe and North America. As of year-end 2014, Marathon had approximately 2.2 billion oil-equivalent barrels (BBOE) in proved reserves (80% liquids and 67% developed). The company’s business is organized into three segments – North America Exploration and Production, International Exploration and Production, and Oil Sands Mining. In July 2011, Marathon completed the spin-off of its refining/sales business into a separate, independent and publicly traded company Marathon Petroleum Corporation (Ticker: MPC).

Analyst Views

Marathon Oil Corporation (NYSE:MRO) received a Buy rating from 5 analysts. 0 analysts gave its stock an Outperform rating. 2 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

Marathon Oil Corporation (NYSE:MRO) touched its 1-Year High price of $18.81 on 01/11/18 and its 1-Year Low price of $10.55 on 08/18/17.

EPS & Financials

Marathon Oil Corporation (NYSE:MRO) reported its EPS in the last quarter as $-0.08/Share beating the analyst estimate of $-0.13/Share by a difference of $0.05. This showed a surprise of 38.5% in the last quarter earnings.

For the current quarter, 25 analysts are projecting a mean EPS of $-0.01/share. According to their observations and findings, the stock could provide a high EPS of $0.15/share and a low EPS of $-0.14/share.

Analysts believe that the company has the potential to earn average revenue of $1.27 Billion for the current quarter. According to their predictions high & low revenue estimates are 1.47 Billion and 1.13 Billion respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with MEDIUM volatility. Marathon Oil Corporation (NYSE:MRO) has a 20-Day average volume of 11.26 Million. According to today’s trading volume Marathon Oil Corporation is ABOVE its 20-Day Avg. volume with the stock showing BELOW Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BULLISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BULLISH trend as well.

The company currently has an insider ownership of 0.22 Percent and Institutional ownership of 82.5 Percent. The return on assets stands at -27.5%, Return on Equity currently is -52% and the Return on Investment value is -7.3%.

Marathon Oil Corporation (NYSE:MRO) gross margin percentage stands at 77.6% while its operating margin for the past trailing twelve month is -7.2 percent and its overall profit margin (ttm) is 0 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 10.89% with a 50-Day Simple Moving Average of 18.3 percent. As of today, the company has a SMA200 (200-day simple moving average) of 35.14 Percent. The Stock has YTD (year to date) performance of 9.86 percent.

The TTM operating margin for the company stands at -7.2%. The return on invested capital is at -7.3%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 51.14.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 35.14%, and has a solid year to date (YTD) performance of 9.86% which means that the stock is constantly adding to its value from the previous fiscal year end price.