Hot stock Review: Marathon Oil Corporation's (MRO)

Analysts mightre view their estimates as they will get closer to the actual results date. Average true range (ATR-14) of the company is at 0.53. The mean forecast was for $1.1 billion and $-0.20 a share, respectively. The Stock had a 2.3 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2.13 and 2 respectively. According to these analysts, the Low Revenue Estimate for Marathon Oil Corporation is 1.12 Billion and the High Revenue Estimate is 1.24 Billion. Quantbot Technologies LP now owns 72,896 shares of the company's stock valued at $1,152,000 after buying an additional 36,345 shares during the last quarter. The stock now has an average rating of "Buy" and an average target price of $18.63. Based on a recent bid, the stock is trading -39.83% away from it's 52- week high and 13.62% away from its 52 week low.

Marathon Oil Corporation's (MRO) witnessed a gain of 1.07% in recent trading period with closing price of $16.05. The Company operates through three segments: North America E&P segment, which explores for, produces and markets crude oil and condensate, natural gas liquids (NGLs) and natural gas in North America; International E&P segment, which explores for, produces and markets crude oil and condensate, NGLs and natural gas outside of North America, and produces and markets products manufactured from natural gas, such as liquefied natural gas (LNG) and methanol, in Equatorial Guinea, and Oil Sands Mining segment, which mines, extracts and transports bitumen from oil sands deposits in Alberta, Canada, and upgrades the bitumen to produce and market synthetic crude oil and vacuum gas oil. Marathon Oil Corporation stock trades in the range of $15.63 to $16.24 before the earnings release. The stock is now moving above its 20-Day Simple Moving Average of 1.67% with the 50-Day Simple Moving Average of 1.67 percent. The Company Touched its 52-Week High on Dec 12, 2016 and 52-Week Low on Feb 19, 2016. The firm has floated short ratio of 0.29%, hold to candle to sentiment indicator of Short Ratio, its stand at 2.56. The company's P/E is 5.38 and Forward P/E ratio is 19.98.

The company's net profit margin stands at 26.00% whereas its return on equity (ROE) is 8.50%. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. Usually, financial analysts consider return on equity ratios in the 15-20% range as an attractive level of investment quality. EPS ratio determined by looking at last 12 month figures is -2.16. The Weekly and Monthly Volatility stands at 3.83% and 2.90%. The stock is now trading 1.67 percent higher from its SMA-50. Macquarie Group Ltd. boosted its stake in shares of Marathon Oil Corporation by 0.5% in the second quarter. The analysts, on average, are forecasting a $20.46 price target, but the stock is already up 150.62% from its recent lows. Perhaps, that suggests something about why 0.45% of the outstanding share supply is held by institutional investors. Finally, Hartford Investment Management Co. boosted its stake in shares of Marathon Oil Corporation by 1.5% in the third quarter. Expected growth of Marathon Petroleum Corporation (NYSE:MPC) for the next year 5 years is -0.98 percent (per annum), as compared to -13.46 percent (per annum) in the past 5 years.

  • Zachary Reyes