Marathon Oil Corporation (NYSE:MRO)’s traded shares stood at 9.12 million during the last session, with the company’s beta value hitting 2.22. At the close of trading, the stock’s price was $27.40, to imply a decrease of -1.01% or -$0.28 in intraday trading. The MRO share’s 52-week high remains $30.06, putting it -9.71% down since that peak but still an impressive 21.06% since price per share fell to its 52-week low of $21.63. The company has a valuation of $15.82B, with an average of 9.96 million shares over the past 3 months.
Marathon Oil Corporation (NYSE:MRO) trade information
After registering a -1.01% downside in the last session, Marathon Oil Corporation (MRO) has traded red over the past five days. The stock hit a weekly high of 30.06, dropping -1.01% in its intraday price action. The 5-day price performance for the stock is -6.99%, and 1.48% over 30 days. With these gigs, the year-to-date price performance is 13.41%.
Marathon Oil Corporation (MRO) estimates and forecasts
Looking at statistics comparing Marathon Oil Corporation share performance against respective industry, we note that the company has underperformed competitors. Marathon Oil Corporation (MRO) shares are -4.30% down over the last 6 months, with its year-to-date growth rate lower than industry average at 4.60% against 10.60%.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 14.58% for the past 5-year period. While 2024 is set for a 6.10% return in earnings, projections for the next 5 years are at -8.79% annually.
MRO Dividends
Marathon Oil Corporation has its next earnings report out between May 01 and May 06. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Marathon Oil Corporation has a forward dividend ratio of 0.42, with the share yield ticking at 1.53% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
