In the last trading session, 10.22 million Marathon Oil Corporation (NYSE:MRO) shares changed hands as the company’s beta touched 2.18. With the company’s per share price at $26.71 changed hands at $0.37 or 1.40% during last session, the market valuation stood at $15.07B. MRO’s last price was a discount, traded about -12.54% off its 52-week high of $30.06. The share price had its 52-week low at $21.63, which suggests the last value was 19.02% up since then. When we look at Marathon Oil Corporation’s average trading volume, we note the 3-month average coming to 9.91 million.
Marathon Oil Corporation (NYSE:MRO) trade information
Instantly MRO was in green as seen at the end of in last trading. With action -4.40%, the performance over the past five days has been red. The jump to weekly highs of 27.80 added 1.40% to the stock’s daily price. The company’s shares are showing year-to-date upside of 10.55%, with the 5-day performance at -4.40% in the red. However, in the 30-day time frame, Marathon Oil Corporation (NYSE:MRO) is -10.04% down.
Marathon Oil Corporation (MRO) estimates and forecasts
Data shows that the Marathon Oil Corporation share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -4.68% over the past 6 months, a 8.43% in annual growth rate that is considerably higher than the industry average of 4.10%. Year-over-year growth is forecast to reach 1.20% up from the last financial year.
Consensus estimates given by 14 financial analysts project the company’s revenue in the current quarter to hit an average of 1.7B. 14 analysts are of the opinion that Marathon Oil Corporation’s revenue for the current quarter will be 1.76B. The company’s revenue for the corresponding quarters a year ago was 1.51B and 1.81B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 12.40%. The estimates for the next quarter sales put growth at -3.00%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 14.58%. The 2024 estimates are for Marathon Oil Corporation earnings to increase by 9.46%, but the outlook for the next 5-year period is at 12.70% per year.
MRO Dividends
Marathon Oil Corporation is expected to release its next quarterly earnings report in June. The 1.57% annual yield figure for the share gives it an annual dividend of 0.42. It is important to note, however, that the 1.57% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
