Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Marathon Oil (MRO) , which belongs to the Zacks Oil and Gas - Integrated - United States industry, could be a great candidate to consider.When looking at the last two reports, this energy company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 11.44%, on average, in the last two quarters.For the most r ...

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 ...

Core Viewpoint - Marathon Oil Corporation has announced the promotion of Rob L. White to Executive Vice President and Chief Financial Officer, effective May 1, 2024, succeeding Dane Whitehead, who will retire on July 1, 2024, after over 7 years of service [1][2]. Leadership Changes - Rob L. White has been with Marathon Oil since 1991 and has over 30 years of experience in oil and gas accounting and finance, previously serving as Vice President, Controller and Chief Accounting Officer [3]. - Zach Dailey, who joined Marathon Oil in 2015 and has over 17 years of experience in the oil and gas industry, will succeed Mr. White as Vice President, Controller and Chief Accounting Officer [4]. Company Performance and Strategy - The company has established a strong track record of sustainable free cash flow generation and return of capital to shareholders, attributed to the leadership of Dane Whitehead [2]. - Marathon Oil focuses on four competitive resource plays in the U.S.: Eagle Ford, Bakken, STACK and SCOOP, and Permian, along with a gas business in Equatorial Guinea [5]. Company Background - Marathon Oil is an independent oil and gas exploration and production company with a strong balance sheet and a multi-basin portfolio, emphasizing ESG excellence [5].

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 ...