After posting $-0.23 EPS for the previous quarter, Marathon Oil Corporation's analysts now forecast -39.13% EPS growth. Eventually, Marathon Petroleum Corporation Oil & Gas Refining & Marketing exhibits an EPS value of -7.94% for the next five years. That is compared with the $-0.20 in EPS it reported during the same period a year ago. Marathon Petroleum Corp.'s quarterly revenue was down 11.2% on a year-over-year basis.
Shares of Marathon Petroleum Corp. Meyer Handelman Company holds 0.33% of its portfolio in Marathon Oil Corporation (NYSE:MRO) for 492,626 shares. The heightened volatility saw the trading volume jump to 82,68,479 shares. The corporation has a market cap of US$22.36 Billion.
Marathon Oil Corp. has a one year low of $6.52 and a one year high of $19.95.
The technical analysis of Marathon Petroleum Corporation elucidates that the 50-day MA of Marathon Petroleum Corporation is $42.48, and stock is trading $0.02 points away or +0.05% from 50-day MA of $42.48.
The business also recently announced a quarterly dividend, which will be paid on Monday, December 12th. The Arizona-based Tci Wealth Advisors Incorporated has invested 0.01% in Marathon Oil Corporation (NYSE:MRO). The ex-dividend date is Monday, November 14th. Marathon Oil Corp.'s payout ratio is now -6.58%. The ratio dived, as 64 funds sold all Marathon Oil Corporation shares owned while 174 reduced positions. The performance of firm for the quarter recorded as 0.16% and for year stands at 0.64%, while the YTD performance was 46.17%. The median estimate represents a +23.91% increase from the last price of 13.72. This calculation is derived by dividing the current share price by the projected earnings per share. DIAM Co. Ltd. lowered its stake in shares of Vereit Inc.
Analyst recommendation for this stock stands at 1.90.
Analysts at Raymond James Financial Inc. upgraded shares of Marathon Petroleum Corp. Wetherby Asset Management Inc. now owns 12,341 shares of the company's stock valued at $185,000 after buying an additional 432 shares in the last quarter. BB&T Securities LLC increased its position in shares of Marathon Petroleum Corp.by 305.8% in the first quarter. First Trust Advisors LP now owns 1,684,296 shares of the company's stock valued at $68,366,000 after buying an additional 208,256 shares during the last quarter. But the company cut expenses even further, by 40 percent or $961 million, to $1.4 billion.
Several analysts recently weighed in on the company.
According to sentiments of 25 analysts the mean estimates of short term price target for the company's stock is marked at $18.04. Canaccord Genuity assumed coverage on Marathon Oil Corp.in a report on Friday, September 30th. The stock tapped a 52-week high of US$101.11 while the mean 12-month price target for the shares is US$78.38.
Marathon Petroleum (NYSE:MPC) had its stock rating upgraded as "Neutral" in a report released by analysts at UBS Securities. Analyst had a consensus of $0.81. The company has an Average Rating of 2.46 based on Thomson Reuters I/B/E/S scale of 1-5. One analyst has rated the stock with a sell rating, fifteen have given a hold rating, eight have issued a buy rating and three have assigned a strong buy rating to the stock. Analyst expected twelve month price target of $50.15.