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Marathon Oil Corporation (NYSE: MRO) closed the day trading at $26.71 up 1.40% from the previous closing price of $26.34. In other words, the price has increased by $1.40 from its previous closing price. On the day, 10.22 million shares were traded. MRO stock price reached its highest trading level at $27.025 during the session, while it also had its lowest trading level at $26.505.
Ratios:
For a better understanding of MRO, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 307.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.14. For the most recent quarter (mrq), Quick Ratio is recorded 0.48 and its Current Ratio is at 0.55. In the meantime, Its Debt-to-Equity ratio is 0.49 whereas as Long-Term Debt/Eq ratio is at 0.41.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Barclays on April 10, 2024, initiated with a Overweight rating and assigned the stock a target price of $35.
On March 14, 2024, Argus Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $31.
Morgan Stanley Downgraded its Overweight to Equal-Weight on December 11, 2023, whereas the target price for the stock was revised from $27 to $25.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 27 ’24 when WAGNER PATRICK sold 36,094 shares for $27.65 per share. The transaction valued at 997,887 led to the insider holds 140,829 shares of the business.
Henderson Michael A sold 51,389 shares of MRO for $1,418,051 on Mar 25 ’24. The Executive VP, Operations now owns 114,828 shares after completing the transaction at $27.59 per share. On Mar 22 ’24, another insider, Whitehead Dane E, who serves as the Executive VP and CFO of the company, sold 73,233 shares for $27.06 each. As a result, the insider received 1,981,619 and left with 152,008 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MRO now has a Market Capitalization of 15065400320 and an Enterprise Value of 20435388416. As of this moment, Marathon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.08, and their Forward P/E ratio for the next fiscal year is 8.22. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.36 while its Price-to-Book (P/B) ratio in mrq is 1.36. Its current Enterprise Value per Revenue stands at 3.189 whereas that against EBITDA is 4.863.
Stock Price History:
Over the past 52 weeks, MRO has reached a high of $30.06, while it has fallen to a 52-week low of $21.63. The 50-Day Moving Average of the stock is -0.85%, while the 200-Day Moving Average is calculated to be 3.92%.
Shares Statistics:
Over the past 3-months, MRO traded about 9.91M shares per day on average, while over the past 10 days, MRO traded about 8741150 shares per day. A total of 577.00M shares are outstanding, with a floating share count of 561.95M. Insiders hold about 0.36% of the company’s shares, while institutions hold 79.26% stake in the company. Shares short for MRO as of 1713139200 were 13721435 with a Short Ratio of 1.38, compared to 1710460800 on 13327344. Therefore, it implies a Short% of Shares Outstanding of 13721435 and a Short% of Float of 2.74.
Dividends & Splits
MRO’s forward annual dividend rate is 0.42, up from 0.43 a year ago. Against a Trailing Annual Dividend Yield of 0.016324982The stock’s 5-year Average Dividend Yield is 1.61.
