Published: Fri, February 16, 2018
Worldwide | By Isabel Fisher

Marathon Oil (MRO) Trading Up 5.5% After Better-Than-Expected Earnings


While, the analyst predicted that the company could provide an EPS of $0.95/share. The institutional investor held 392,610 shares of the integrated oil company at the end of 2017Q3, valued at $22.02 million, up from 356,625 at the end of the previous reported quarter. Amalgamated Bank now owns 88,527 shares of the oil and gas producer's stock worth $1,049,000 after purchasing an additional 35,972 shares during the period.

Shares of Marathon Oil Corporation (MRO) changed at hands on unusually higher volume on Feb 14, 2018, as the stock is growing 5.48% to end at $16.95. It has outperformed by 29.50% the S&P500. Tiaa Cref Investment Management Llc acquired 315,221 shares as Marathon Petroleum Corp (MPC)'s stock rose 5.52%. Riverhead Capital Management LLC now owns 27,269 shares of the oil and gas producer's stock worth $323,000 after purchasing an additional 4,634 shares during the period. Zeke Capital Advisors LLC now owns 8,891 shares of the oil and gas company's stock valued at $499,000 after acquiring an additional 2,069 shares during the last quarter. Spark Investment Management Llc who had been investing in Marathon Pete Corp for a number of months, seems to be bullish on the $33.13 billion market cap company. The stock increased 1.48% or $0.3 during the last trading session, reaching $20.6. About 692,419 shares traded. Marathon Oil Corporation (NYSE:MRO) has risen 14.05% since February 15, 2017 and is uptrending. It has outperformed by 2.77% the S&P500. Scout has invested 0.68% in Marathon Petroleum Corporation (NYSE:MPC). Therefore 68% are positive. Salesforce.com had 198 analyst reports since August 21, 2015 according to SRatingsIntel. Societe Generale raised shares of Marathon Oil from a "hold" rating to a "buy" rating in a research report on Thursday, November 2nd.

Marathon Oil Corporation (MRO) stock price recent trade pushed it move about -13.17% away from the 52-week high and closed 60.66% away from the 52-week low. 5,370 were reported by 1St Source State Bank. Oppenheimer maintained the shares of MPC in report on Wednesday, November 25 with "Outperform" rating. The stock has "Buy" rating by Cowen & Co on Thursday, July 13. Piper Jaffray has "Buy" rating and $5900 target. The rating was downgraded by Citigroup to "Neutral" on Wednesday, April 19.

Despite the fact that a low P/E ratio may make a stock look like a good buy, factoring in the company's growth rate to get the stock's PEG ratio can tell a different story. The rating was upgraded by JP Morgan to "Overweight" on Wednesday, December 7. The stock of Marathon Petroleum Corporation (NYSE:MPC) earned "Hold" rating by Scotia Capital on Wednesday, January 10.

Investors sentiment decreased to 0.91 in Q3 2017. Its down 0.14, from 1.05 in 2017Q2. It turned negative, as 52 investors sold MPC shares while 292 reduced holdings. 85 funds opened positions while 227 raised stakes. 665.82 million shares or 1.16% less from 673.63 million shares in 2017Q2 were reported. State Treasurer State Of Michigan holds 153,666 shares. Passport Capital Ltd Liability Corporation holds 4.07% or 157,839 shares in its portfolio. 291,804 were reported by Kbc Group Nv.

Marathon Oil Corporation (MRO) stock is Overbought or Oversold? Marathon Oil Corporation (MRO) is highly profitable company that pays rich dividends. Syntal Cap Prtn Lc stated it has 4,124 shares or 0.17% of all its holdings.


Marathon Oil Corporation operates as an energy company. Stockholders of record on Wednesday, February 21st will be given a dividend of $0.05 per share. Tiaa Cref Investment Limited Com reported 0% of its portfolio in Banc of California, Inc. Creative Planning invested in 0.03% or 80,202 shares. 14,691 are held by Integral Derivatives Ltd Liability. Moreover, Rdl Fincl has 0.18% invested in Marathon Petroleum Corporation (NYSE:MPC) for 4,532 shares. Endeavour Capital Advisors reported 321,138 shares stake. It also reduced its holding in Charter Communications Inc N (Call) by 11,500 shares in the quarter, leaving it with 7,500 shares, and cut its stake in Digital Rlty Tr Inc (Call) (NYSE:DLR).

Since September 14, 2017, it had 0 buys, and 5 insider sales for $7.73 million activity.

In other Marathon Petroleum news, VP C. Michael Palmer sold 17,298 shares of Marathon Petroleum stock in a transaction dated Tuesday, December 12th.

Citizens & Northern Corp, which manages about $131.34 million US Long portfolio, decreased its stake in Red Hat Inc (NYSE:RHT) by 2,832 shares to 12,335 shares, valued at $1.37 million in 2017Q3, according to the filing.

Since August 23, 2017, it had 19 buys, and 1 insider sale for $100,922 activity. Smith Stacy J had sold 472,337 shares worth $20.89 million on Monday, October 30. Thompson Davis And holds 0.04% or 1,508 shares in its portfolio. $3.99M worth of Intel Corporation (NASDAQ:INTC) was sold by BRYANT ANDY D on Monday, October 30. Six analysts have rated the stock with a hold rating, nine have issued a buy rating and two have assigned a strong buy rating to the company's stock. Therefore 45% are positive. Barclays boosted their price target on Marathon Petroleum from $63.00 to $76.00 and gave the stock an "overweight" rating in a research report on Tuesday, November 14th. Stifel Nicolaus maintained the shares of INTC in report on Monday, January 18 with "Buy" rating. As per Friday, June 16, the company rating was maintained by Raymond James. (NYSE:BANC) on Thursday, September 28 with "Hold" rating. Barclays Capital has "Overweight" rating and $74 target. The stock of Intel Corporation (NASDAQ:INTC) has "Sector Perform" rating given on Monday, January 18 by RBC Capital Markets.

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