Marathon Oil Corporation (NYSE:MRO) registered a -0.63% decrease, still its new closing price is 170.61% up from the company’s 1 year high of 19.28.It posted -0.86% losses in previous 5 sessions and is now the subject of 18 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 0 sells versus 7 buy or better ratings. The 30 stock analysts following this company have an average price target at $20.36, with individual PT in the $15.00-$29.00 range. The shares moved at $17.33, implying that brokerage firms see shares gaining about 129.74% in twelve months time.
Marathon Oil Corporation (MRO) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a 0.12% rise year to date. A V.P.-Corporate Development at Marathon Oil Corporation (MRO) acquired shares in a transaction closed on Monday September 14, 2015. WAGNER PATRICK bought 5,000 shares in the company at $15.4 each and collected $77,000 in proceeds. WAGNER PATRICK now owns 35,167 shares in the company after this transaction. A President and CEO in the company, TILLMAN LEE M, disclosed a transaction on Friday August 07, 2015 that ended up paying $499,000 from the purchase of 25,600 shares at $19.51 per share.
Marathon Oil Corporation (NYSE:MRO) Upcoming Results on Tap
Marathon Oil Corporation will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $-0.03 in that period. Sales during the quarter are predicted to arrive at $1.37 billion.
Earnings surprise history: Last quarter, the company posted approximately $1.23 billion in revenue and EPS of $-0.11. The mean forecast was for $1.1 billion and $-0.20 a share, respectively. One quarter earlier, revenue for the stock was at $1.3 billion, with earnings at $-0.23/share.
Marathon Oil Corporation (MRO) Brokerage Update
Marathon Oil Corporation (MRO) is in Instinet’s research list so their analyst rating change is noteworthy. These shares were downgraded to Neutral from Buy by Instinet, according to news reported on Thursday December 15, 2016.Another important research note was issued by UBS on Tuesday December 13, 2016.The firm downgraded MRO to Neutral from Buy. Over the last six months and over the last three months, the shares of Marathon Oil Corporation (MRO), have changed 18.29% and 22.63%, respectively.