A Closer Look at Marathon Oil Corporation (MRO) Stock Gains

The current stock price for Marathon Oil Corporation (MRO) is $25.57. The stock experienced a significant increase during the last trading session, reaching $26.13 after opening at $25.81. It dipped to a low of $25.57 before ultimately closing at $25.56.

The stock market performance of Marathon Oil Corporation has been fairly unsteady. Over the last year, the company’s stock hit its highest at $31.28 on 01/24/23, while the lowest price during the same time frame was $20.57, recorded on 03/16/23.

Top 5 EV Tech Stocks to Buy for 2023

The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".

Click Here to Download the FREE Report.


52-week price history of MRO Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Marathon Oil Corporation’s current trading price is -18.25% away from its 52-week high, while its distance from the 52-week low is 24.31%. The stock’s price range for this period has remained between $20.57 and $31.28. The Energy sector company’s shares managed to surpass a trading volume of around 8.65 million for the day, which was noticeably lower compared to the shares’ average daily volume of 10.41 million over the last three months.

Financial Performance and Market Capitalization

Marathon Oil Corporation (MRO) has experienced a quarterly decline of -2.07% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 14.96B and boasts a workforce of 1570 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 26.10, with a change in price of +2.64. Similarly, Marathon Oil Corporation recorded 10,754,161 in trading volume during the last 100 days, posting a change of +11.51%.

MRO Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for MRO stands at 0.52. Similarly, the long-term debt-to-equity ratio is also 0.44.

MRO Stock Stochastic Average

As of today, the raw stochastic average of Marathon Oil Corporation over the past 50 days is 28.18%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 31.06%. Additionally, the Stochastic %K and %D values for the company were 23.12% and 18.05%, respectively, over the past 20 days.

MRO Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. The metric has seen a significant loss of -5.54% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 9.13%. Over the past 30 days, the price of MRO has leaped by -10.25%. And in the last five days, it has surged by 1.95%.

Leave a Reply

Your email address will not be published. Required fields are marked *

On Key

Related Posts