A Look At Insider Reactions To Marathon Oil Corporation (MRO)

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As of Wednesday close, Marathon Oil Corporation’s (NYSE:MRO) stock was down -$0.54, moving down -1.73 percent to $30.65. The average number of shares traded per day over the past five days has been 9,474,840 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.80 fall in that time frame. In the last twenty days, the average volume was 12,154,050, while in the previous 50 days, it was 13,102,939.

Since last month, MRO stock rose 3.37%. Shares of the company fell to $28.34 on 11/21/22, the lowest level in the past month. A 52-week high of $33.42 was reached on 11/07/22 after having rallying from a 52-week low of $14.29. Since the beginning of this year, MRO’s stock price has risen by 86.66% or $14.23, and marked a new high 40 times. However, the stock has declined by -8.29% since its 52-week high.


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MRO stock investors should be aware that Marathon Oil Corporation (MRO) stock had its last reported insider trading activity 9 days ago on Nov 16. Whitehead Dane E, the Executive VP and CFO of the company, disposed of 90,588 shares for $32.16 on Nov 16. It resulted in a $2,913,149 divestment by the insider. Warnica Kimberly O. sold 5,000 shares at an average price of $32.72 on Nov 11. The insider now owns 62,230 shares following the transaction. On Nov 11, Chairman, President and CEO TILLMAN LEE M sold 30,000 shares at $32.49 apiece. The transaction was valued at $974,691.

Valuation Metrics

Right now, Marathon Oil Corporation (MRO) has a P/E ratio of about 5.89. The stock’s beta is 2.48. Besides these, the trailing price-to-sales (P/S) ratio of 2.43, the price-to-book (PB) ratio of 1.84, and the price-to-cash flow ratio of 5.14 may also be considered.

The latest dividend of $0.09 per share was paid out, which is 12.5% more than last year’s $0.08. On Wednesday October 26 2022, a $0.01 dividend increase was announced.

Financial Health

In the three months ended June 29, Marathon Oil Corporation’s quick ratio stood at 1.00, while its current ratio was 1.10, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.32, and the total debt-to-equity ratio was 0.36. On the profitability front, the trailing twelve-month gross margin is 91.80% percent. In the year ended June 29, operating margins totaled 48.50%. Based on annual data, MRO earned $1.31 billion in gross profit and brought in $5.6 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 7.50%. Return on equity (ROE) for the past 12 months was 33.40%.

In Marathon Oil Corporation’s quarter-end financial report for June 29, it reported total debt of $3.58 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. MRO’s revenue rose 35.34% to $2.3 billion during the quarter, while net income inched up to $2.25 billion. While analysts expected Marathon Oil Corporation to report $1.26 quarterly earnings, the actual figure was $1.32 per share, beating the consensus estimate by 4.80%. During the quarter, the company generated $1.57 billion in EBITDA. The liabilities of Marathon Oil Corporation were 6.67 billion at the end of its most recent quarter ended June 29, and its total debt was $4.13 billion. The value of shareholders’ equity is $635.07 million.

Technical Picture

This quick technical analysis looks at Marathon Oil Corporation’s (MRO) price momentum. With a historical volatility rate of 42.75%, the RSI 9-day stood at 47.17% on 23 November.

With respect to its five-day moving average, the current Marathon Oil Corporation price is down by -2.54% percent or -$0.80. At present, MRO shares trade +1.56% above its 20-day simple moving average and +45.05% percent above its 100-day simple moving average. However, the stock is currently trading approximately +12.02% above its SMA50 and +45.19% above its SMA200.

Stochastic coefficient K was 45.01% and Stochastic coefficient D was 42.16%, while ATR was 1.35. Given the Stochastic reading of 45.47% for the 14-day period, the RSI (14) reading has been calculated as 51.18%. As of today, the MACD Oscillator reading stands at -0.90, while the 14-day reading stands at -1.07.

Analyst Ratings

Jefferies launched its rating on Marathon Oil Corporation (NYSE: MRO) to a Hold in a note to investors on October 19, 2022. Marathon Oil Corporation (MRO) has been rated Overweight by analysts. According to 2 brokerage firms, MRO is a sell, and 9 firms recommend it is a Hold. There are 2 analysts who say the stock is underweight. A total of 2 analysts rate Marathon Oil Corporation stock as buy, with 12 recommending it as overweight.

With a median target price of $33.50, the current consensus forecast for the stock is $27.00 – $42.00. Based on these forecasts, analysts predict Marathon Oil Corporation (MRO) will achieve an average price target of $34.17.

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