Marathon Oil Corporation (MRO) is priced at $12.85 after the most recent trading session. At the very opening of the session, the stock price was $12.62 and reached a high price of $12.98, prior to closing the session it reached the value of $12.73. The stock touched a low price of $12.50.Recently in News on September 7, 2021, Marathon Oil Corporation Announces Full Redemption of $900 Million 3.85% Senior Notes Due 2025. Marathon Oil Corporation (NYSE: MRO) announced today that the Company fully redeemed its $900 million aggregate principal amount of 3.85% Senior Notes Due 2025, accelerating the realization of Marathon Oil’s previously disclosed gross debt objective of approximately $4.0 billion. This transaction brings total 2021 gross debt reduction to $1.4 billion and will contribute to approximately $50 million of annualized cash interest expense savings. You can read further details here
Marathon Oil Corporation had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $14.33 on 07/01/21, with the lowest value was $6.59 for the same time period, recorded on 01/04/21.
Marathon Oil Corporation (MRO) full year performance was 198.14%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Marathon Oil Corporation shares are logging -10.33% during the 52-week period from high price, and 244.50% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $3.73 and $14.33.
The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 16823096 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Marathon Oil Corporation (MRO) recorded performance in the market was 92.65%, having the revenues showcasing -8.67% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 10.04B, as it employees total of 1672 workers.
Market experts do have their say about Marathon Oil Corporation (MRO)
During the last month, 13 analysts gave the Marathon Oil Corporation a BUY rating, 2 of the polled analysts branded the stock as an OVERWEIGHT, 13 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 12.26, with a change in the price was noted +1.53. In a similar fashion, Marathon Oil Corporation posted a movement of +13.52% for the period of last 100 days, recording 17,204,461 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for MRO is recording 0.46 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.46.
Technical breakdown of Marathon Oil Corporation (MRO)
Raw Stochastic average of Marathon Oil Corporation in the period of last 50 days is set at 94.94%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 93.37%. In the last 20 days, the company’s Stochastic %K was 83.78% and its Stochastic %D was recorded 60.75%.
Bearing in mind the latest performance of Marathon Oil Corporation, several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 92.65%. Additionally, trading for the stock in the period of the last six months notably improved by 15.87%, alongside a boost of 198.14% for the period of the last 12 months. The shares increased approximately by 7.08% in the 7-day charts and went down by 8.90% in the period of the last 30 days. Common stock shares were lifted by -8.67% during last recorded quarter.