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Quarterly Financial Update for Marathon Oil Corporation (NYSE:MRO)

The share price of the company (NYSE:MRO) was up +0.97%, with a high of 15.71 during the day and the volume of Marathon Oil Corporation shares traded was 10021699.

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Investors and analysts are typically super focused on company earnings numbers when they are reported.

EPS in next five year years is expected to touch 8.73% while EPS growth in past 5 year was 10.20% along with sales growth of 5.80% in the last five years.

On February 17, 2016, it posted earnings per share at $-0.48, missing the consensus estimate of $-0.48 (negative surprise of 0%).

Analysts give APC a mean recommendation of 2.00. The stock price is moving up from its 20 days moving average with 2.84% and isolated positively from 50 days moving average with 2.21%. The firm earned $1.30 billion during the quarter, compared to the consensus estimate of $1.12 billion. To take look on ration of tradable shares being shorted in market, float short ration was 1.97%, as compared to sentiment indicator; Short Ratio was 4.31. On average, analysts forecast that Cabot Corp. will post $3.07 earnings per share for the current fiscal year. They are projecting Next Quarter growth of 70.8%.

Struggling to find a way in profitable zone, the current EPS estimate trend for the next year first quarter was $-0.14 while three months ago that trend was for $-0.14. Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal.

Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with MarketBeat.com’s FREE daily email newsletter. The stock appeared -23.00% below its 52-week highs and is up 2.21% for the last five trades. They now have a United States dollars 16 price target on the stock.

Finally, Credit Suisse Group AG reissued a “buy” rating and set a $18.50 target price (up from $18.00) on shares of Marathon Oil Corp.in a research report on Tuesday, June 21st. The stock’s market capitalization arrived at $14.18B and total traded volume was 26.23 million shares. Bank of America Corp.’s price objective points to a potential upside of 25.45% from the company’s previous close. MRO has logged a 50-day average of $14.75 and 200-day average of $12.91. The Company Touched its 52-Week High on Oct 9, 2015 and 52-Week Low on Feb 19, 2016. The latest trading activity of 12.79 Million shares is below its average volume of 18.34 Million shares.

Marathon Oil Corporation (NYSE:MRO) now has P/E (Price to Earnings) ratio of 0 while the company’s industry has 184.55 P/E and the sector P/E is 38.69.

The company shows its Return on Assets (ROA) value of -6.4%.

The price/earnings ratio (P/E) is 11.43 and the forward P/E ratio stands at 7.61. Integrated Investment Consultants LLC now owns 7,092 shares of the company’s stock worth $106,000 after buying an additional 2,234 shares in the last quarter.

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While looking at the Stock’s Performance, Marathon Oil Corporation now shows a Weekly Performance of 11.45%, where Monthly Performance is 16.48%, Quarterly performance is 17.79%, 6 Months performance is 59.26% and yearly performance percentage is 14.26%.

Marathon Oil Corporation