| Marathon Oil (MRO) in Focus: Stock Moves 6.2% Higher | |
| | |
|
Marathon Oil Corporation MRO was a big mover last session, as the company saw its shares rise above 6% on the day. The upside was driven by the 2.33% rise in Crude oil (WTI) price to $31.19 per barrel and a 2.21% jump in Brent crude cost to $30.98 per barrel. This reverses the recent downtrend for the company since Dec 29, as the stock is now down more than 35%.
In the last 30 days, the company has seen three downward estimate revisions and the Zacks Consensus Estimate also moved lower. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Marathon Oil currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is negative.
A better-ranked stock from the broader Oil-Energy sector is Apache Corp. APA, which holds a Zacks Rank #2 (Buy).
Is MRO going up? Or down? Predict to see what others think: Up or Down
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report APACHE CORP (APA): Free Stock Analysis Report MARATHON OIL CP (MRO): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research
|
|
|
Marathon Oil Corporation
|
|
|
CODE : MRO |
ISIN : US5658491064 |
|
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Marathon Oil is a oil exploration company based in United states of america. Marathon Oil is listed in United States of America. Its market capitalisation is US$ 23.3 billions as of today (€ 21.8 billions). Its stock quote reached its lowest recent point on August 13, 1982 at US$ 0.70, and its highest recent level on April 18, 2024 at US$ 27.40. Marathon Oil has 849 755 866 shares outstanding. |