Marathon Oil (MRO) – Analysts’ Recent Ratings Changes

Marathon Oil (NYSE: MRO) has recently received a number of price target changes and ratings updates:

  • 9/15/2022 – Marathon Oil was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
  • 9/7/2022 – Marathon Oil was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
  • 8/31/2022 – Marathon Oil had its price target lowered by analysts at Barclays PLC from $35.00 to $31.00. They now have an “overweight” rating on the stock.
  • 8/29/2022 – Marathon Oil had its price target lowered by analysts at Morgan Stanley from $31.00 to $28.00. They now have an “equal weight” rating on the stock.
  • 8/18/2022 – Marathon Oil had its price target lowered by analysts at Mizuho from $34.00 to $32.00. They now have a “buy” rating on the stock.
  • 8/12/2022 – Marathon Oil was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
  • 8/4/2022 – Marathon Oil was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
  • 7/22/2022 – Marathon Oil had its price target raised by analysts at Piper Sandler from $38.00 to $41.00. They now have an “overweight” rating on the stock.

Marathon Oil Trading Down 2.2 %

MRO stock opened at $26.22 on Monday. The company has a market cap of $18.56 billion, a P/E ratio of 6.21, a PEG ratio of 0.38 and a beta of 2.48. Marathon Oil Co. has a twelve month low of $11.22 and a twelve month high of $33.24. The company has a quick ratio of 1.14, a current ratio of 1.18 and a debt-to-equity ratio of 0.32. The business has a fifty day moving average of $24.01 and a 200-day moving average of $25.18.

Marathon Oil Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 12th. Stockholders of record on Wednesday, August 17th were given a dividend of $0.08 per share. The ex-dividend date of this dividend was Tuesday, August 16th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.22%. Marathon Oil’s payout ratio is currently 7.58%.

Institutional Investors Weigh In On Marathon Oil

Institutional investors have recently made changes to their positions in the stock. Washington Trust Advisors Inc. acquired a new stake in shares of Marathon Oil during the first quarter worth $25,000. Ronald Blue Trust Inc. acquired a new stake in shares of Marathon Oil during the second quarter worth $30,000. Zullo Investment Group Inc. acquired a new stake in shares of Marathon Oil during the first quarter worth $30,000. Tsfg LLC acquired a new stake in shares of Marathon Oil during the first quarter worth $31,000. Finally, Brown Brothers Harriman & Co. grew its stake in shares of Marathon Oil by 90.6% during the first quarter. Brown Brothers Harriman & Co. now owns 1,361 shares of the oil and gas producer’s stock worth $34,000 after purchasing an additional 647 shares during the period. 75.16% of the stock is owned by institutional investors and hedge funds.

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.

Featured Stories

Receive News & Ratings for Marathon Oil Co Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marathon Oil Co and related companies with MarketBeat.com's FREE daily email newsletter.