Marathon Oil (MRO) Getting Somewhat Favorable Press Coverage, Study Finds

News articles about Marathon Oil (NYSE:MRO) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Marathon Oil earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave headlines about the oil and gas producer an impact score of 46.0504895181758 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Here are some of the headlines that may have effected Accern Sentiment’s analysis:

MRO has been the subject of a number of research analyst reports. Atlantic Securities raised Marathon Oil from a “neutral” rating to an “overweight” rating in a research note on Tuesday, December 5th. Bank of America raised Marathon Oil from a “neutral” rating to a “buy” rating and set a $21.00 price target for the company in a research note on Thursday, January 4th. Morgan Stanley raised their price target on Marathon Oil from $15.00 to $21.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 24th. Zacks Investment Research raised Marathon Oil from a “hold” rating to a “buy” rating and set a $21.00 price target for the company in a research note on Monday, January 15th. Finally, JPMorgan Chase & Co. raised Marathon Oil from an “underweight” rating to a “neutral” rating and set a $15.00 price target for the company in a research note on Friday, December 15th. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eleven have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $18.29.

Marathon Oil stock opened at $16.32 on Thursday. Marathon Oil has a twelve month low of $10.55 and a twelve month high of $19.52. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.24 and a current ratio of 1.30.

Marathon Oil (NYSE:MRO) last issued its quarterly earnings results on Wednesday, February 14th. The oil and gas producer reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.05. Marathon Oil had a negative return on equity of 2.24% and a negative net margin of 120.11%. The firm had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.25 billion. During the same period last year, the company earned ($0.10) earnings per share. The company’s revenue was up 23.0% on a year-over-year basis. research analysts anticipate that Marathon Oil will post 0.47 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Monday, March 12th. Stockholders of record on Wednesday, February 21st were issued a dividend of $0.05 per share. The ex-dividend date was Tuesday, February 20th. This represents a $0.20 annualized dividend and a dividend yield of 1.23%. Marathon Oil’s payout ratio is presently -2.97%.

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About Marathon Oil

Marathon Oil Corporation is an exploration and production (E&P) company. The Company operates through three segments: North America E&P, International E&P and Oil Sands Mining. The North America E&P segment explores for, produces and markets crude oil and condensate, natural gas liquids (NGLs) and natural gas in North America.

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