Marathon Oil Corporation (NYSE: MRO): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

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Stocks Info

MRO belongs to the Energy sector of the NYSE while operating in the Oil & Gas E&P industry. The current market capitalization of Marathon Oil Corporation is $14.77B. A total of 2.37 million shares were traded on the day, compared to an average of 5.58M shares.

In the most recent transaction, Whitehead Dane E sold 52,008 shares of MRO for 27.50 per share on Sep 18 ’24. After the transaction, the insider now owns 100,000 company shares. In a previous transaction on Sep 18 ’24, Whitehead Dane E bought 52,008 shares at 27.50 per share.

Among the insiders who sold shares, Henderson Michael A disposed of 38,000 shares on Sep 06 ’24 at a per-share price of $27.21. This resulted in the Executive VP, Operations holding 76,828 shares of MRO after the transaction. In another insider transaction, Henderson Michael A bought 38,000 shares at $27.21 per share on Sep 06 ’24.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Marathon Oil Corporation pays an annual dividend of $0.44, resulting in a dividend yield of 1.67%, and it has a price to earnings (P/E) ratio of 10.31. MRO’s most recent ex-dividend date was 8/21/2024 when it declared a $0.11 quarterly dividend that was paid in cash on 9/10/2024. Previously, the company paid the dividend on 6/10/2024 with an ex-dividend date of 5/14/2024. The MRO stock dividend was $0.11 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, MRO has a high of $30.06 and a low of $21.81.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. MRO’s latest balance sheet shows that the firm has $580.00M in Cash & Short Term Investments as of fiscal 2021. There were $4.01B in debt and $1.64B in liabilities at the time. Its Book Value Per Share was $20.05, while its Total Shareholder’s Equity was $10.69B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MRO is Buy with a score of 3.89.

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