News articles about Marathon Oil (NYSE:MRO) have trended somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Marathon Oil earned a daily sentiment score of 0.21 on Accern’s scale. Accern also assigned media headlines about the oil and gas producer an impact score of 44.8050005750261 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news stories that may have impacted Accern Sentiment’s scoring:
Shares of Marathon Oil (NYSE MRO) traded up $0.22 during trading hours on Friday, reaching $18.82. The company’s stock had a trading volume of 10,310,000 shares, compared to its average volume of 11,590,000. The stock has a market capitalization of $15,990.00, a PE ratio of -7.35, a price-to-earnings-growth ratio of 63.38 and a beta of 2.38. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.09 and a quick ratio of 2.02. Marathon Oil has a fifty-two week low of $10.55 and a fifty-two week high of $18.96.
Marathon Oil (NYSE:MRO) last announced its earnings results on Wednesday, November 1st. The oil and gas producer reported ($0.08) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.14) by $0.06. The business had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.04 billion. Marathon Oil had a negative return on equity of 3.02% and a negative net margin of 148.07%. The business’s revenue for the quarter was up 26.5% on a year-over-year basis. During the same period last year, the firm posted ($0.23) earnings per share. equities analysts forecast that Marathon Oil will post -0.32 earnings per share for the current year.
Several equities analysts have recently weighed in on MRO shares. Zacks Investment Research upgraded Marathon Oil from a “hold” rating to a “buy” rating and set a $17.00 price target for the company in a report on Monday, November 6th. Jefferies Group raised their price target on Marathon Oil from $14.00 to $16.50 and gave the company a “buy” rating in a report on Friday, November 3rd. Societe Generale upgraded Marathon Oil from a “hold” rating to a “buy” rating in a report on Thursday, November 2nd. Scotiabank set a $19.00 price target on Marathon Oil and gave the company a “buy” rating in a report on Wednesday, October 4th. Finally, Piper Jaffray Companies restated a “buy” rating on shares of Marathon Oil in a report on Thursday, September 28th. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and thirteen have assigned a buy rating to the company’s stock. Marathon Oil has an average rating of “Hold” and a consensus target price of $16.65.
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Marathon Oil Company Profile
Marathon Oil Corporation is an exploration and production (E&P) company. The Company operates through three segments: North America E&P, International E&P and Oil Sands Mining. The North America E&P segment explores for, produces and markets crude oil and condensate, natural gas liquids (NGLs) and natural gas in North America.
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