pixinooFundamentals in the U.S. economy continue to support an investment in exploration company Marathon Oil (NYSE:MRO) whose shares have soared more than 20% year to date. The energy company benefits from petroleum prices that have stabilized at around $80 per barrel after OPEC+ members, led by Saudi Arabia and Russia, earlier this month agreed to extend voluntary supply cuts into the second-quarter. Marathon Oil also guided to return at least 40% of its cash flow from operations to shareholders in th ...

Marathon Oil (MRO) closed at $27.10 in the latest trading session, marking a -0.37% move from the prior day. This change lagged the S&P 500's 0.14% loss on the day. Meanwhile, the Dow lost 0.77%, and the Nasdaq, a tech-heavy index, added 0.17%.The the stock of energy company has risen by 13.43% in the past month, leading the Oils-Energy sector's gain of 4.9% and the S&P 500's gain of 5.34%.Analysts and investors alike will be keeping a close eye on the performance of Marathon Oil in its upcoming earnings di ...

A month has gone by since the last earnings report for Marathon Oil (MRO) . Shares have added about 13.4% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Marathon Oil due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Marathon Oil Reports Better-Than-Expected Q4 Earn ...

Marathon Oil (MRO) closed at $26.26 in the latest trading session, marking a +1.39% move from the prior day. The stock's change was more than the S&P 500's daily loss of 0.29%. At the same time, the Dow lost 0.35%, and the tech-heavy Nasdaq lost 0.3%.The energy company's shares have seen an increase of 15.68% over the last month, surpassing the Oils-Energy sector's gain of 6.58% and the S&P 500's gain of 4.42%.Market participants will be closely following the financial results of Marathon Oil in its upcomin ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Marathon Oil (MRO) .Marathon Oil currently has an average brokera ...

Marathon Oil (MRO) closed the latest trading day at $24.66, indicating a +0.57% change from the previous session's end. The stock's performance was behind the S&P 500's daily gain of 1.03%. Elsewhere, the Dow gained 0.34%, while the tech-heavy Nasdaq added 1.51%.The energy company's stock has climbed by 8.07% in the past month, exceeding the Oils-Energy sector's gain of 4.1% and the S&P 500's gain of 3.21%.The upcoming earnings release of Marathon Oil will be of great interest to investors. On that day, Mar ...

Amanda Edwards/Getty Images EntertainmentThesis Marathon Oil Corporation (NYSE:MRO) is a quiet oil company that doesn't make the headlines very often. The company simply goes about its business, making profits and rewarding shareholders. MRO goes about both of these tasks differently than what you typically find in the oil and gas space. First, MRO does not have a high exposure to the Permian basin, relying mainly on the Eagle Ford and Bakken Basins to generate the lion's share of its profits. Second, M ...

HOUSTON, Feb. 29, 2024 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today that Rob L. White has been promoted to Executive Vice President and Chief Financial Officer, effective May 1, 2024, and that Zach Dailey, Vice President, Internal Audit, will succeed Mr. White as Vice President, Controller and Chief Accounting Officer, effective May 1, 2024. Mr. White will replace Dane Whitehead, who informed the Company of his intention to retire from Marathon Oil effective July 1, 2024, following m ...

Marathon Oil Corporation (MRO) reported fourth-quarter 2023 adjusted net income per share of 69 cents, beating the Zacks Consensus Estimate of 62 cents. The outperformance reflects strong domestic oil and gas production.However, the company’s bottom line fell from the year-ago adjusted profit of 88 cents due to weaker oil realizations.The company reported revenues of $1.7 billion, which came 2% above the consensus mark but fell 2.4% from the year-ago sales. Marathon Oil Corporation Price, Consensus and EPS ...

FOURTH QUARTER 2023 RESULTS AND 2024 OUTLOOK Forward-Looking Statements and Other Matters This presentation (and oral statements made regarding the subjects of this presentation) contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These are statements, other than statements of historical fact, that give current expectations or forecasts of future events, including, without limitation: the Company’s future ...