Headlines about Marathon Oil (NYSE:MRO) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Marathon Oil earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned press coverage about the oil and gas producer an impact score of 46.3478167706363 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the media headlines that may have effected Accern’s scoring:
- Confidence in Marathon Oil (NYSE:MRO) Shares by Atlantic Equities Rise (nismagazine.com)
- Marathon Oil Corp. breached its 50 day moving average in a Bullish Manner : MRO-US : December 8, 2017 (finance.yahoo.com)
- Commit To Purchase Marathon Oil Corp. At $10, Earn 4.5% Using Options (nasdaq.com)
- Zacks: Brokerages Anticipate Marathon Oil Corporation (MRO) Will Post Earnings of -$0.03 Per Share (americanbankingnews.com)
- Atlantic Securities Upgrades Marathon Oil (MRO) to “Overweight” (americanbankingnews.com)
A number of analysts have recently issued reports on MRO shares. Morgan Stanley set a $15.00 target price on Marathon Oil and gave the company a “hold” rating in a report on Wednesday, October 18th. Jefferies Group increased their price objective on Marathon Oil from $14.00 to $16.50 and gave the stock a “buy” rating in a report on Friday, November 3rd. BMO Capital Markets set a $17.00 price objective on Marathon Oil and gave the stock a “hold” rating in a report on Tuesday, October 10th. Scotiabank set a $19.00 price objective on Marathon Oil and gave the stock a “buy” rating in a report on Wednesday, October 4th. Finally, Societe Generale upgraded Marathon Oil from a “hold” rating to a “buy” rating in a report on Thursday, November 2nd. Three investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating and ten have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $16.90.
Shares of Marathon Oil (NYSE MRO) traded up $0.41 during trading hours on Friday, hitting $15.15. The stock had a trading volume of 8,377,400 shares, compared to its average volume of 13,376,553. Marathon Oil has a 12 month low of $10.55 and a 12 month high of $19.28. The company has a debt-to-equity ratio of 0.55, a quick ratio of 2.02 and a current ratio of 2.09.
Marathon Oil (NYSE:MRO) last issued its quarterly earnings results on Wednesday, November 1st. The oil and gas producer reported ($0.08) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.14) by $0.06. Marathon Oil had a negative return on equity of 3.02% and a negative net margin of 148.07%. The company had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.04 billion. During the same period last year, the business posted ($0.23) earnings per share. The firm’s revenue was up 26.5% compared to the same quarter last year. sell-side analysts predict that Marathon Oil will post -0.34 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Monday, December 11th. Investors of record on Wednesday, November 15th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date is Tuesday, November 14th. Marathon Oil’s dividend payout ratio (DPR) is presently -2.40%.
About Marathon Oil
Marathon Oil Corporation is an exploration and production (E&P) company. The Company operates through three segments: North America E&P, International E&P and Oil Sands Mining. The North America E&P segment explores for, produces and markets crude oil and condensate, natural gas liquids (NGLs) and natural gas in North America.
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