Boothbay Fund Management LLC purchased a new position in Marathon Oil Corp. during the first quarter worth approximately $145,000. Ameriprise Financial Inc. increased its position in Marathon Petroleum Corp.by 65.8% in the fourth quarter. The consensus price target (PT) of $47.77 means that the market expects Company shares to increase by 16.54% in the short run.
Advertisement
Insiders own 1% percent of the stock. Marathon Oil Corporation is in the Independent Oil & Gas industry and Basic Materials sector. (NYSE:MRO) opened at 13.98 on Thursday.
While evaluating Potlatch Corporation on the technical side, it is seen that the firm’s shares price is trading $1.79 points away or +4.97% from its 50-day moving average of $36.04.
Occidental Petroleum Corporation (NYSE:OXY) swung to a loss in its latest quarter and revenue fell by more than a quarter as the company continues to deal with low energy prices.
Historically, if we look at price target revisions during last one month, three weeks ago Anadarko Petroleum Corporation (NYSE:APC)’s price target was revised on 07/14/16 by the analysts. The company reported the earnings of $1.09/Share in the last quarter where the estimated EPS by analysts was $0.96/share. Earnings per share (EPS) is -3.41, and this is looking to grow in the next year to 80.80% after growing -329.50% this past year.
In case of Revenue Estimates, 11 analysts have provided their consensus Average Revenue Estimates for Caterpillar, Inc.as 9.92 Billion. The firm earned $16.81 billion during the quarter, compared to analysts’ expectations of $16.30 billion. Underperform rating was given by 2 analyst and Outperform rating was given by 0 analyst. The company’s management has announced Aug 15, 2016 as the ex-dividend date and fixed the record date on Aug 17, 2016. The ex-dividend date is Monday, August 15th.
In the liquidity ratio analysis; CA, Inc.’s (CA) debt to equity ratio was 0.36 while current ratio was 1.30.
Several research firms have recently weighed in on MUR.
At the current price Marathon Oil Corporation (NYSE:MRO) is trading at, 13.98 (-3.05% today), Marathon Oil Corporation has a dividend yield of 1.43%, and this is covered by a payout ratio of *TBA. Analyst’s mean target price for Barrick Gold Corporation (NYSE:ABX) is $ 23.08 while analysts mean recommendation is 2.60. They noted that the move was a valuation call. Goldman Sachs Group Inc. restated a “buy” rating on shares of Marathon Petroleum Corp.in a report on Wednesday, April 27th. Finally, Morgan Stanley raised Marathon Oil Corp. from an “underweight” rating to an “equal weight” rating and lifted their price objective for the stock from $18.00 to $21.00 in a research report on Tuesday, June 21st.
According to FactSet data, the stock has received different ratings from Financial Analysts.
Advertisement
Marathon Oil Corporation (NYSE:MRO) stock is now trading at about $13.98 and lots of rating firms seem to have a target price set on the stock. The International Exploration and Production segment explores for, produces, and markets crude oil and condensate, natural gas liquids, and natural gas in Equatorial Guinea, Gabon, the Kurdistan Region of Iraq, Libya, and the United Kingdom; and produces and markets products manufactured from natural gas, such as liquefied natural gas and methanol in Equatorial Guinea.
