Will New Ratings Coverage by MKM Partners Help Marathon Oil (MRO) Stock This Week?

Marathon Oil Corporation (NYSE:MRO) Logo

Investors 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.

Franklin Inc owns 20.65M shares. Brookstone has invested 0.02% in Marathon Oil Corporation (NYSE:MRO). Ftb Advisors invested 0.02% in Marathon Oil Corporation (NYSE:MRO). Cetera Advisor Network Ltd Company reported 10,843 shares. 202,149 were accumulated by Kennedy. Signaturefd Ltd Liability holds 1,728 shares. Aviva Pcl has invested 0.05% of its portfolio in Marathon Oil Corporation (NYSE:MRO). Umb Fincl Bank N A Mo accumulated 38,280 shares. 8.57M are held by Deutsche Financial Bank Ag. Moreover, Aspiriant Limited Liability Com has 0.04% invested in Marathon Oil Corporation (NYSE:MRO). Cibc Asset Management holds 80,643 shares. Blackrock Inc has invested 0.07% in Marathon Oil Corporation (NYSE:MRO). Hermes Inv Mgmt Limited owns 496,117 shares. Profund Advisors Limited Liability Corporation invested 0.03% in Marathon Oil Corporation (NYSE:MRO). Fjarde Ap reported 144,465 shares or 0.05% of all its holdings.

Since September 14, 2018, it had 0 insider purchases, and 1 sale for $2.43 million activity.

Why Has MKM Partners Given Marathon Oil (MRO) a $26.0 Price Target

MKM Partners analyst has started coverage with a Buy rating on Marathon Oil (MRO) today and set a price target of $26.0. The company’s shares opened today at 16.22.

The stock decreased 3.57% or $0.6 during the last trading session, reaching $16.22. About 19.13 million shares traded or 54.77% up from the average. Marathon Oil Corporation (MRO) has risen 77.39% since December 7, 2017 and is uptrending. It has outperformed by 61.77% the S&P500.

Analysts await Marathon Oil Corporation (NYSE:MRO) to report earnings on February, 13. They expect $0.20 EPS, up 185.71 % or $0.13 from last year’s $0.07 per share. MRO’s profit will be $166.25M for 20.28 P/E if the $0.20 EPS becomes a reality. After $0.24 actual EPS reported by Marathon Oil Corporation for the previous quarter, Wall Street now forecasts -16.67 % negative EPS growth.

Marathon Oil Corporation operates as an energy company. The company has market cap of $13.48 billion. It operates through three divisions: North America E&P, International E&P, and Oil Sands Mining. It has a 20.38 P/E ratio. 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: Fool.com which released: “Oil Executives Have Very Different Views on This Hot Topic – The Motley Fool” on December 02, 2018, also Gurufocus.com with their article: “Dec 06, 2018 – World Capital Markets Plunge Thursday – GuruFocus.com” published on December 06, 2018, Investorplace.com published: “3 Big Stock Charts for Friday: Intel, Marathon Oil and Juniper Networks – Investorplace.com” on November 09, 2018. More interesting news about Marathon Oil Corporation (NYSE:MRO) were released by: Seekingalpha.com and their article: “Marathon Oil (MRO) Q3 2018 Results – Earnings Call Transcript – Seeking Alpha” published on November 08, 2018 as well as Schaeffersresearch.com‘s news article titled: “As Oil Prices Sink, So Do These 3 Stocks – Schaeffers Research” with publication date: November 23, 2018.

Marathon Oil Corporation (NYSE:MRO) Institutional Positions Chart

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