Analysts Concerns on: Marathon Oil Corporation (NYSE:MRO)


Perennial Advisors LLC purchased a new stake in shares of Marathon Petroleum Corp during the fourth quarter valued at $101,000.

Among 5 analysts covering Calavo Growers (NASDAQ:CVGW), 5 have Buy rating, 0 Sell and 0 Hold. Kensico Capital Management Corp acquired 5.93M shares as Marathon Pete Corp (MPC)'s stock rose 22.92%. As it is, with oil falling below the psychologically-critical $50 threshold again, the company's near-to-medium term revenue outlook remains cloudy. Mufg Americas Hldg stated it has 0.02% of its portfolio in Marathon Oil Corporation (NYSE:MRO). The year-over-year decline in production and uncertainty regarding its low cost Libyan operations are also cause for concern.

12/14/2016 - Marathon Oil Corporation was upgraded to " by analysts at Argus. They use historic price data to observe stock price patterns to predict the direction of that price going forward. Carroll Financial Associates Inc. now owns 2,287 shares of the oil and gas company's stock valued at $115,000 after buying an additional 250 shares in the last quarter. The stock ended last trade at $33.01 a share and the price is up more than 3.66% so far this year. The firm has "Buy" rating by TheStreet given on Wednesday, September 2. No trade can occur until someone is willing to sell a stock at a price that another is willing to buy it at. FBR & Co reaffirmed a "buy" rating and issued a $20.00 target price on shares of Marathon Oil in a research report on Monday. The stock gained a consensus recommendation of 2.18 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell. Marathon Petroleum Corp had 39 analyst reports since August 10, 2015 according to SRatingsIntel.

Transocean LTD (NYSE:RIG) shares moved to $10.62 after opening the day at $11.07, on Friday. Renaissance Technologies Ltd has 0.08% invested in Marathon Oil Corporation (NYSE:MRO). The stock stands -7.19% below the average-price of 50 days and -4.38% compared with the SMA 20. The company has market cap of $12.54 billion. The analysts estimated EPS for the higher end at 1.48 and lower end at 0.9 while the year ago reported earnings per share was 1.55. The business had revenue of $16.39 billion during the quarter, compared to the consensus estimate of $19.03 billion.

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According to 5 analysts, Marathon Oil Corporation (NYSE:MRO)'s revenue estimates for the current quarter are $1.1B meanwhile the company has high revenue estimates of $1.25B in contradiction of low revenue estimates of $987M. Marathon Petroleum Corp's revenue was up 27.8% on a year-over-year basis. Among which 8 performing investment advisory and research functions. "(MRO) to Sell" was originally posted by Community Financial News and is owned by of Community Financial News. If you are reading this piece of content on another site, it was stolen and reposted in violation of United States & worldwide trademark and copyright laws.

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 12th. We can't assume the past will always reflect the future, but logically stocks that have grown earnings per share strongly in the past are a good bet to continue to do so. This represents a $0.20 annualized dividend and a yield of 1.40%. The ex-dividend date of this dividend is Monday, May 15th. Marathon Petroleum Corp's dividend payout ratio (DPR) is 65.16%.

A number of other large investors have also recently made changes to their positions in the company. Great West Life Assurance Co. Finally, Mitsubishi UFJ Trust & Banking Corp boosted its position in shares of Marathon Oil by 7.2% in the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Exane Derivatives increased its stake in Marathon Oil by 38.9% in the first quarter. The stock appeared -34.99% below its 52-week highs and is down -17.46% for the last five trades. The 6 month volatility is 44.199200, and the 3 month is spotted at 37.863500. FTB Advisors Inc. now owns 7,868 shares of the oil and gas producer's stock worth $123,000 after buying an additional 1,063 shares during the last quarter. Institutional investors and hedge funds own 81.96% of the company's stock.