Marathon Oil Corporation (MRO) has seen some recent movement in the stock market and its common shares closed at $5.78 yesterday. People are starting to take notice of MRO as the common shares traded as high as $5.79 and as low as $5.52 in the prior trading day.
Marathon Oil Corporation (MRO) average trading volume is 43.37M. However, in the prior trading day Marathon Oil Corporation (MRO) exchanged 33,535,736 shares. The first downside support level on MRO is $5.65 and the first resistance level on MRO is $14.05. MRO 50 day moving average is $4.40 and MRO 200day moving average is $9.43.
Marathon Oil Corporation (MRO) current performance has been specified by the recent movement in MRO common shares. MRO has performed 46.33% over the past 4 weeks, MRO has performed -50.51% over the past quarter and MRO has shown -62.15% over the past 12 months. Marathon Oil Corporation (MRO) has a 12 month range of $3.02 to $16.02. Marathon Oil Corporation (MRO) is trading 91.39% from its 12 month low and -63.92% from its 12 month high. Marathon Oil Corporation (MRO) is indicating a 9.06% short float indicating the quantity short in the float.
MRO has 794.00M shares outstanding and 782.63M shares in the float. Marathon Oil Corporation (MRO) currently has a market cap of $4.59B and income of $260.00M. The EPS next quarter for MRO is -0.54 and forecasted EPS net year is 34.00%. The market cap of Marathon Oil Corporation (MRO) at $4.59B signifies how many People own shares of MRO and is calculated off the last price ($5.78) of MRO and the quantity of shares outstanding (794.00M) with Marathon Oil Corporation (MRO).
Marathon Oil Corporation (MRO) has aggregate cash (mrq) of 817M, aggregate cash per share (mrq) of 1.03, aggregate debt of MRO remains at 5.69B and aggregate debt/equity (mrq) is 47.59. Marathon Oil Corporation (MRO) operational cash flow (ttm) is 2.94B and MRO leveraged free cash flow (ttm) is 532.62M.
MRO is trading 18.27% above (bullish) its SMA20, 21.35% above (bullish) its SMA50 and -44.42% below (bearish) its SMA200.
In recent news, on May 6, 2020, it was announced, Marathon Oil Reports First Quarter 2020 Results. In this news it stated, Prioritizing Financial Strength and Flexibility Marathon Oil Corporation (NYSE: MRO) today reported a first quarter 2020 net loss of $(46) million, or $(0.06) per diluted share, which includes the impact of certain items not typically represented in analysts’ earnings estimates and that would otherwise affect comparability of results. The adjusted net loss was $(125) million, or $(0.16) per diluted share. Net operating cash flow was $701 million, or $550 million before changes in working capital.
About Marathon Oil Corporation (MRO):
Incorporated in 2001, Houston, Texas-based Marathon Oil Corporation is a leading oil and natural gas exploration and production (‘E&P’) company with operations in the United States and Africa. As of the end of 2019, Marathon Oil had approximately 1. 21 billion oil-equivalent barrels in net proved reserves (51% crude oil/condensate and 59% proved developed) and 86% was located in U.