Marathon Oil Corp. (NYSE:MRO) announced a quarterly dividend on Wednesday, July 27th. Stockholders of record on Wednesday, August 17th will be given a dividend of 0.05 per share on Monday, September 12th. This represents a $0.20 annualized dividend and a dividend yield of 1.52%.
Marathon Oil Corp. (NYSE:MRO) traded down 4.72% on Wednesday, reaching $13.13. 22,762,683 shares of the company traded hands. The company’s market capitalization is $11.13 billion. Marathon Oil Corp. has a 12 month low of $6.52 and a 12 month high of $21.94. The company has a 50-day moving average price of $14.47 and a 200-day moving average price of $11.75.
Marathon Oil Corp. (NYSE:MRO) last released its quarterly earnings results on Wednesday, May 4th. The company reported ($0.43) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.46) by $0.03. The firm had revenue of $730 million for the quarter, compared to analysts’ expectations of $903.27 million. During the same period last year, the firm earned ($0.37) EPS. The business’s quarterly revenue was down 52.3% on a year-over-year basis. Equities research analysts expect that Marathon Oil Corp. will post ($1.00) EPS for the current year.
Marathon Oil Corporation is an exploration and production company with operations in North America, Europe and Africa. The Company operates through three segments: North America E&P (N.A. E&P), International E&P (Int’l E&P), and Oil Sands Mining (OSM). The N.A. E&P segment explores for, produces and markets crude oil and condensate, natural gas liquids (NGLs) and natural gas in North America.