Marathon Oil Corporation (MRO) Analysts See $0.21 EPS

October 14, 2018 - By Marguerite Chambers

Marathon Oil Corporation (NYSE:MRO) LogoInvestors sentiment increased to 1.17 in Q2 2018. Its up 0.21, from 0.96 in 2018Q1. It is positive, as 37 investors sold Marathon Oil Corporation shares while 180 reduced holdings. 84 funds opened positions while 170 raised stakes. 657.86 million shares or 1.58% more from 647.65 million shares in 2018Q1 were reported.
Winslow Evans Crocker, a Massachusetts-based fund reported 50 shares. Moreover, Managed Asset Portfolios Ltd has 0.08% invested in Marathon Oil Corporation (NYSE:MRO). State Board Of Administration Of Florida Retirement Sys accumulated 0.07% or 1.29M shares. Adage Capital Prtn Gru Ltd Liability stated it has 501,900 shares or 0.02% of all its holdings. Jefferies Grp Ltd Liability Com, New York-based fund reported 87,185 shares. Brandywine Glob Inv Ltd has 0.11% invested in Marathon Oil Corporation (NYSE:MRO) for 806,264 shares. Wolverine Asset Mgmt Ltd Llc has invested 0% in Marathon Oil Corporation (NYSE:MRO). Stone Ridge Asset Mngmt Limited Liability accumulated 0.04% or 35,780 shares. Carret Asset Lc owns 0.03% invested in Marathon Oil Corporation (NYSE:MRO) for 10,049 shares. Ls Inv Advsrs Limited Liability Company reported 0.03% stake. Cleararc Incorporated holds 0.06% or 21,857 shares in its portfolio. 157,467 were reported by Utah Retirement. Assetmark Inc stated it has 5,200 shares or 0% of all its holdings. Jane Street Grp Ltd Liability invested in 239,307 shares. Massachusetts-based Martingale Asset Lp has invested 0.04% in Marathon Oil Corporation (NYSE:MRO).

Since May 7, 2018, it had 0 buys, and 4 insider sales for $12.64 million activity. Shares for $8.66M were sold by TILLMAN LEE M. Little Thomas Mitchell also sold $2.43M worth of Marathon Oil Corporation (NYSE:MRO) on Friday, September 14.

Analysts expect Marathon Oil Corporation (NYSE:MRO) to report $0.21 EPS on November, 7.They anticipate $0.29 EPS change or 362.50 % from last quarter’s $-0.08 EPS. MRO’s profit would be $179.37M giving it 24.43 P/E if the $0.21 EPS is correct. After having $0.15 EPS previously, Marathon Oil Corporation’s analysts see 40.00 % EPS growth. The stock increased 2.81% or $0.56 during the last trading session, reaching $20.52. About 15.49M shares traded or 46.20% up from the average. Marathon Oil Corporation (NYSE:MRO) has risen 77.39% since October 14, 2017 and is uptrending. It has outperformed by 61.77% the S&P500.

Marathon Oil Corporation (NYSE:MRO) Ratings Coverage

Among 7 analysts covering Marathon Oil (NYSE:MRO), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Marathon Oil had 9 analyst reports since April 19, 2018 according to SRatingsIntel. On Thursday, April 19 the stock rating was maintained by Susquehanna with “Buy”. The stock of Marathon Oil Corporation (NYSE:MRO) has “Buy” rating given on Friday, June 8 by Tudor Pickering. The firm has “Equal-Weight” rating by Morgan Stanley given on Wednesday, September 26. The firm earned “Equal-Weight” rating on Friday, October 12 by Morgan Stanley. On Friday, September 28 the stock rating was reinitiated by PiperJaffray with “Overweight”. Stifel Nicolaus maintained the stock with “Hold” rating in Monday, April 23 report.

Marathon Oil Corporation operates as an energy company. The company has market cap of $17.53 billion. It operates through three divisions: North America E&P, International E&P, and Oil Sands Mining. It currently has negative earnings. The North America E&P segment develops, explores for, produces, and markets crude oil and condensate, natural gas liquids , and natural gas in North America.

More notable recent Marathon Oil Corporation (NYSE:MRO) news were published by: Seekingalpha.com which released: “Run The US Oil Marathon With Marathon Oil” on October 08, 2018, also Seekingalpha.com with their article: “Marathon Oil: Buying Quality Is This Easy” published on September 14, 2018, Seekingalpha.com published: “Consider Buying Marathon Oil When It Falls” on September 16, 2018. More interesting news about Marathon Oil Corporation (NYSE:MRO) were released by: Investorplace.com and their article: “Trade of the Day: Marathon Oil Corporation (MRO)” published on September 28, 2018 as well as Foxbusiness.com‘s news article titled: “3 Stocks to Consider Buying After This Week’s Market Meltdown” with publication date: October 14, 2018.

Marathon Oil Corporation (NYSE:MRO) Institutional Positions Chart

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