Digging Up the Facts on Marathon Oil Corporation (MRO)

Gladys Abbott
July 17, 2017

The oil and gas company reported $0.06 earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.01) by $0.07. Over the past twelve months, Marathon Petroleum Corporation (NYSE:MPC)'s stock was 6.87%.

During the trading day, the stock price fluctuated between $53.22 and $53.88.

In related news, VP C. Michael Palmer sold 4,568 shares of Marathon Petroleum Corporation stock in a transaction dated Thursday, May 18th.

Marathon Oil Corporation is an exploration and production company. It has underperformed by 2.65% the S&P500.

John G Ullman & Associates Inc decreased its stake in Xerox Corp Xrx (XRX) by 12.88% based on its latest 2016Q4 regulatory filing with the SEC. Over the last three months, insiders have sold 33,568 shares of company stock valued at $1,808,969. Mn Services Vermogensbeheer B.V. now owns 87,557 shares of the oil and gas company's stock valued at $4,582,000 after buying an additional 73,481 shares during the period. The typical day in the last one month has seen about a 3.06% volatility. The stock increased 1.70% or $0.2 on July 14, reaching $11.95. The average volume for United States Steel Corporation (NYSE:X) has been 21.99 million shares per day over the past 30 days.

Investors sentiment decreased to 0.81 in Q4 2016. The stock has lost -1.15%, reaching at $3.44 after hovering between $3.42 and $3.53. It turned negative, as 49 investors sold VMC shares while 177 reduced holdings. Normal oscillations tend to stay in the range of -100 to +100. In the past three months the stock value plunged -1.74%. Boys Arnold & owns 2.06% invested in General Electric Company (NYSE:GE) for 391,674 shares. Tortoise Capital Limited Liability owns 11,013 shares for 0% of their portfolio. Nationwide Fund Advsrs holds 0.01% or 287,962 shares in its portfolio.

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The market capitalization for the company was reported at $7.57 million while the P/E ratio yielded by the company was 0.00. The fund owned 2,500,403 shares of the oil and gas company's stock after buying an additional 585,903 shares during the period. Bridgeway Cap Management stated it has 136,658 shares. Dynamic Mngmt reported 41,101 shares. Panagora Asset Management invested 0% of its portfolio in Scientific Games Corp (NASDAQ:SGMS). Tcw Group Incorporated invested in 62,500 shares. Bw Gestao De Investimentos Ltda holds 400,887 shares or 16.7% of its portfolio. First Eagle Management invested 0% in Vulcan Materials Company (NYSE:VMC). About 251,776 shares traded. Banc Funds Ltd Liability Company stated it has 0.14% of its portfolio in MidSouth Bancorp, Inc.

Among 9 analysts covering CrossAmerica Partners (NYSE:CAPL), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 38% are positive.

This stock is ahead of its 52-week low with +2.23%. The stock of Xerox Corp (NYSE:XRX) earned "Buy" rating by Goldman Sachs on Tuesday, January 10. The rating was maintained by RBC Capital Markets with "Top Pick" on Friday, April 29. Credit Suisse Group reissued a "buy" rating and issued a $64.00 price target on shares of Marathon Petroleum Corporation in a research note on Friday. The company has an average rating of "Buy" and an average price target of $58.96. On Wednesday, October 26 the stock rating was upgraded by Suntrust Robinson to "Buy". The rating was maintained by BB&T Capital with "Buy" on Wednesday, May 4. The rating was downgraded by JP Morgan on Friday, February 5 to "Neutral". The company was upgraded on Wednesday, October 7 by Wells Fargo.

Another recent and important Vulcan Materials Company (NYSE:VMC) news was published by Prnewswire.com which published an article titled: "Vulcan Declares Quarterly Dividend On Common Stock" on July 14, 2017.

Macquarie Group Ltd. lowered its position in shares of Marathon Oil Corporation (NYSE:MRO) by 0.0% during the first quarter, according to its most recent 13F filing with the SEC. Therefore 76% are positive. Marathon Oil Corporation had 71 analyst reports since July 21, 2015 according to SRatingsIntel. Cambridge Advsr reported 0.04% in Marathon Petroleum Corp (NYSE:MPC). As per Monday, May 9, the company rating was upgraded by Raymond James. They issued an "equal weight" rating and a $14.00 price objective on the stock. The company was downgraded on Tuesday, November 22 by Macquarie Research. The firm has "Neutral" rating by Macquarie Research given on Tuesday, August 11. The stock of Marathon Petroleum Corp (NYSE:MPC) has "Buy" rating given on Thursday, June 1 by RBC Capital Markets. Stifel Nicolaus reiterated a "hold" rating and issued a $11.00 target price on shares of Marathon Oil Corporation in a report on Friday. Its up 0.01, from 1.08 in 2016Q3. Pittenger Anderson accumulated 55,630 shares. Finemark Natl Bank And Trust holds 0.01% or 5,709 shares. Sunbelt Securities, Texas-based fund reported 565 shares.

Other analysts also recently issued research reports about the company. Cubist Systematic Strategies Lc stated it has 59,783 shares. 14,763 were reported by Jones Financial Cos Lllp. During the same quarter past year, the business posted ($0.43) earnings per share. Jacobus Wealth owns 2,630 shares. Nordea Mgmt reported 43,839 shares or 0% of all its holdings. Contravisory Management invested 0% in Marathon Oil Corporation (NYSE:MRO). Aureus Asset Limited Liability Com invested in 0.33% or 52,839 shares. First Allied Advisory Serv holds 27,451 shares.

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