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Marathon Oil Corporation (MRO)

NYSE - Nasdaq Real-time price. Currency in USD
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27.30-0.38 (-1.37%)
At close: 04:00PM EDT
27.30 0.00 (0.00%)
After hours: 07:31PM EDT
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Trade prices are not sourced from all markets
Previous close27.68
Bid27.11 x 1400
Ask27.33 x 800
Day's range27.23 - 27.72
52-week range21.81 - 30.06
Avg. volume10,132,379
Market cap15.275B
Beta (5Y monthly)2.18
PE ratio (TTM)11.28
EPS (TTM)2.42
Earnings date31 July 2024 - 05 Aug 2024
Forward dividend & yield0.44 (1.59%)
Ex-dividend date14 May 2024
1y target est33.76
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    COP, MRO, FANG, HES and CHRD emerge as the energy headline makers during the week.

  • Yahoo Finance Video

    Oil industry consolidations will create stable prices: Analyst

    The oil industry is seeing major consolidations at play as Hess (HES) shareholders approved a $53 billion merger with Chevron (CVX), and ConocoPhillips (COP) will acquire Marathon Oil (MRO) in a $17.1 billion all-stock deal. TD Cowen Analyst Jason Gabelman joins Morning Brief to discuss how these M&A moves should be viewed from a shareholder perspective. "We think it creates a more healthy environment for our shareholders," Gabelman explains. He says that the mergers will lead larger companies to have more control of the oil (CL=F, BZ=F) in the US, which will ultimately allow them to execute "moderate, low-to-mid single-digit oil production growth that should result in a healthier commodity backdrop where there will be less responsive to spikes in oil prices and support higher and more stable oil prices." He adds that more stable oil prices will be a relief to consumers as they grapple with tighter budgets amid high inflation. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl


    U.S. Shale Mergers Continue with ConocoPhillips-Marathon Mega Deal

    ConocoPhillips has agreed to acquire Marathon Oil in a $22.5 billion deal, aiming to increase scale, cash flow, and earnings while diversifying its exposure in several U.S. shale basins.