Marathon Petroleum Corporation (NYSE:MPC) has industry P/E ratio of 27.84

Flossbach Von Storch AG boosted its stake in Marathon Oil Co. The institutional investor owned 136,075 shares of the oil and gas producer's stock after buying an additional 4,921 shares during the period. Flossbach Von Storch AG owned 0.06% of Marathon Oil worth $7,821,000 as of its most recent SEC filing. Finally, Hartford Investment Management Co. increased its stake in Marathon Petroleum Corp by 13.2% in the first quarter. The hedge fund held 1.40 million shares of the oil & gas production company at the end of 2016Q4, valued at $24.23M, up from 1.00 million at the end of the previous reported quarter.

Parkwood LLC bought a new stake in shares of Marathon Oil Co. The oil and gas producer reported ($0.07) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.08) by $0.01. LLC boosted its stake in shares of Marathon Oil by 0.8% in the first quarter. Bedrijfstakpensioenfonds Voor De Media Pno reported 0.09% in Marathon Oil Corporation (NYSE:MRO). MRO is down around 5.12% from its 12-month high of $12.22 notched on Jun 16, 2016 but is -49.69% above its highest point the past 12 months of $19.28 a share. The stock was last seen 0.78% higher, reaching at $12.88 on Tuesday, June 6, 2017. The company had a trading volume of 17,497,995 shares. The stock now has a Market Cap of $11.28B. The company's 50 day moving average is $14.44 and its 200-day moving average is $16.15.

Marathon Oil Corporation (NYSE:MRO)'s latest quote $12.88 $0.32 0.78% will find technical support in $12.69 a share and a breakdown below this region would be a significantly bearish signal for Marathon Oil Corporation traders. Marathon Oil had a negative net margin of 32.98% and a negative return on equity of 4.91%. The firm had revenue of $1.07 billion for the quarter, compared to analysts' expectations of $1.29 billion. Alpha Cubed Limited Liability Company holds 0.11% or 12,862 shares.

While considering growth estimates of the company, it has next quarter growth estimates of 72.7% whereas during current quarter it has 56.5% estimations over growth, comparing to the estimations of 77.6% during current year and 147.4% for next year. Tokio Marine Asset Management Ltd has invested 0.06% of its portfolio in Marathon Petroleum Corp (NYSE:MPC).

The business also recently announced a quarterly dividend, which will be paid on Monday, June 12th. Blackrock Japan Ltd invested in 0.08% or 1.38 million shares. The ex-dividend date of this dividend is Monday, May 15th. This represents a $0.20 annualized dividend and a dividend yield of 1.55%. Marathon Oil Corp now has $11.00B valuation.

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WARNING: "Flossbach Von Storch AG Purchases 45,000 Shares of Marathon Oil Co". They now have a United States dollars 22 price target on the stock.

Marathon Oil Corporation (NYSE:MRO)'s trailing twelve month revenues are $4.54 Billion, whereas its price to sales ratio for the same period is 2.48. Vetr cut shares of Marathon Oil from a "strong-buy" rating to a "buy" rating and set a $18.01 price target for the a report on Wednesday, March 1st. Stoneridge Investment Partners Llc sold 35,024 shares as Marathon Petroleum Corporation (MPC)'s stock rose 5.52%. KLR Group maintained the stock with "Buy" rating in Friday, March 24 report. Also, there are 0 buy, 0 sell and 1 strong sell ratings, collectively assigning a 2.27 average brokerage recommendation. It fall, as 55 investors sold Marathon Oil Corporation shares while 216 reduced holdings.

03/10/2017 - FBR Capital Markets began new coverage on Marathon Oil Corporation giving the company a "outperform" rating. The Company operates through three segments: Refining & Marketing; Speedway; and Midstream.

  • Zachary Reyes