Marathon Oil Stock Bearish By 9% So Far On Wednesday

(VIANEWS) – Shares of Marathon Oil (NYSE: MRO) dropped 9.41% to $21.05 at 12:22 EST on Wednesday, following the last session’s upward trend. NYSE is sliding 2.57% to $14,561.30, following the last session’s upward trend. This seems, at the moment, an all-around bearish trend exchanging session today.

Marathon Oil’s last close was $23.23, 30.49% below its 52-week high of $33.42.

About Marathon Oil

Marathon Oil Corporation operates as an independent exploration and production company in the United States and internationally. The company engages in the exploration, production, and marketing of crude oil and condensate, natural gas liquids, and natural gas; and the production and marketing of products manufactured from natural gas, such as liquefied natural gas and methanol. It also owns and operates 32 central gathering and treating facilities; and the Sugarloaf gathering system, a 42-mile natural gas pipeline through Karnes and Atascosa Counties. The company was formerly known as USX Corporation and changed its name to Marathon Oil Corporation in December 2001. Marathon Oil Corporation was founded in 1887 and is headquartered in Houston, Texas.

Earnings Per Share

As for profitability, Marathon Oil has a trailing twelve months EPS of $-1.83.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 33.99%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 40%, now sitting on 7.7B for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is 10.4% and a drop 19.6% for the next.

Volatility

Marathon Oil’s last week, last month’s, and last quarter’s current intraday variation average was a negative 3.22%, a negative 0.88%, and a positive 2.00%.

Marathon Oil’s highest amplitude of average volatility was 3.22% (last week), 2.21% (last month), and 2.00% (last quarter).

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on Feb 13, 2023, the estimated forward annual dividend rate is 0.4 and the estimated forward annual dividend yield is 1.53%.

More news about Marathon Oil (MRO).

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