| With A -36.5% Earnings Drop Lately, Did Marathon Oil Corporation (NYSE:MRO) Underperform Its Industry? | |
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We can further evaluate Marathon Oil’s loss by researching what’s going on in the industry as well as within the company. Initially, I want to briefly look into the line items. Revenue growth over the past couple of years has been negative at -17.86%. The key to profitability here is to make sure the company’s cost growth is well-managed. Viewing growth from a sector-level, the US oil and gas industry has been growing its average earnings by double-digit 17.75% in the past twelve months, . This is a turnaround from a volatile drop of -7.15% in the last couple of years. This means whatever tailwind the industry is profiting from, Marathon Oil has not been able to leverage it as much as its industry peers. What does this mean?While past data is useful, it doesn’t tell the whole story. With companies that are currently loss-making, it is always hard to predict what will happen in the future and when. The most valuable step is to examine company-specific issues Marathon Oil may be facing and whether management guidance has dependably been met in the past. You should continue to research Marathon Oil to get a better picture of the stock by looking at: 1. Future Outlook: What are well-informed industry analysts predicting for MRO’s future growth? Take a look at our free research report of analyst consensus for MRO’s outlook. 2. Financial Health: Is MRO’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here. 3. Other High-Performing Stocks: Are there other stocks that provide better prospects with proven track records? Explore our free list of these great stocks here. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned. |
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Marathon Oil Corporation
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CODE : MRO |
ISIN : US5658491064 |
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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$ 23.6 billions as of today (€ 22.0 billions). Its stock quote reached its lowest recent point on August 13, 1982 at US$ 0.70, and its highest recent level on April 25, 2024 at US$ 27.74. Marathon Oil has 849 755 866 shares outstanding. |