Marathon Oil Corporation (NYSE: MRO)’s stock price has increased by 1.61 compared to its previous closing price of 23.64. However, the company has seen a 5.77% increase in its stock price over the last five trading sessions. Barron’s reported on 09/23/22 that APA, Halliburton, and Other Energy Stocks Tumble as Oil Prices Slide
Is It Worth Investing in Marathon Oil Corporation (NYSE: MRO) Right Now?
Marathon Oil Corporation (NYSE: MRO) has a price-to-earnings ratio of 5.90x that is above its average ratio. Additionally, the 36-month beta value for MRO is 2.39. There are mixed opinions on the stock, with 18 analysts rating it as a “buy,” 2 rating it as “overweight,” 7 rating it as “hold,” and 2 rating it as “sell.”
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The average price predicted by analysts for MRO is $32.85, which is $8.88 above the current price. The public float for MRO is 615.13M and currently, short sellers hold a 2.47% ratio of that float. The average trading volume of MRO on May 25, 2023 was 10.68M shares.
MRO’s Market Performance
MRO stock saw an increase of 5.77% in the past week, with a monthly gain of 1.18% and a quarterly increase of -5.73%. The volatility ratio for the week is 2.84%, and the volatility levels for the last 30 days are 3.25% for Marathon Oil Corporation (MRO). The simple moving average for the last 20 days is 4.71% for MRO stock, with a simple moving average of -8.25% for the last 200 days.
MRO Trading at 1.93% from the 50-Day Moving Average
After a stumble in the market that brought MRO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -28.13% of loss for the given period.
Volatility was left at 3.25%, however, over the last 30 days, the volatility rate increased by 2.84%, as shares surge +3.13% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.40% upper at present.
During the last 5 trading sessions, MRO rose by +5.77%, which changed the moving average for the period of 200-days by +10.03% in comparison to the 20-day moving average, which settled at $22.98. In addition, Marathon Oil Corporation saw -11.27% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MRO starting from White Rob L., who sale 5,000 shares at the price of $22.85 back on Mar 27. After this action, White Rob L. now owns 39,344 shares of Marathon Oil Corporation, valued at $114,250 using the latest closing price.
Whitehead Dane E, the Executive VP and CFO of Marathon Oil Corporation, sale 90,588 shares at $32.16 during a trade that took place back on Nov 16, which means that Whitehead Dane E is holding 182,700 shares at $2,913,149 based on the most recent closing price.
Stock Fundamentals for MRO
Current profitability levels for the company are sitting at:
- +45.92 for the present operating margin
- +56.42 for the gross margin
The net margin for Marathon Oil Corporation stands at +47.90. The total capital return value is set at 21.46, while invested capital returns managed to touch 22.80. Equity return is now at value 24.00, with 14.30 for asset returns.
Based on Marathon Oil Corporation (MRO), the company’s capital structure generated 53.29 points at debt to equity in total, while total debt to capital is 34.76. Total debt to assets is 30.46, with long-term debt to equity ratio resting at 48.88. Finally, the long-term debt to capital ratio is 31.89.
When we switch over and look at the enterprise to sales, we see a ratio of 2.77, with the company’s debt to enterprise value settled at 0.25. The receivables turnover for the company is 6.59 and the total asset turnover is 0.41. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.72.
Conclusion
In conclusion, Marathon Oil Corporation (MRO) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
