Somewhat Positive Media Coverage Somewhat Unlikely to Impact Marathon Oil (MRO) Share Price

News headlines about Marathon Oil (NYSE:MRO) have trended somewhat positive on Friday, Accern reports. The research firm rates the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Marathon Oil earned a news sentiment score of 0.08 on Accern’s scale. Accern also assigned media stories about the oil and gas producer an impact score of 46.3379621051795 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the media stories that may have effected Accern’s scoring:

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MRO has been the topic of a number of research reports. Bank of America upgraded shares of Marathon Oil from a “neutral” rating to a “buy” rating and set a $21.00 target price on the stock in a research report on Thursday, January 4th. Seaport Global Securities upgraded shares of Marathon Oil from a “sell” rating to a “buy” rating in a research report on Tuesday, December 19th. Zacks Investment Research upgraded shares of Marathon Oil from a “hold” rating to a “buy” rating and set a $21.00 target price on the stock in a research report on Monday, January 15th. R. F. Lafferty reissued a “buy” rating and set a $27.00 price target (up from $26.00) on shares of Marathon Oil in a research note on Tuesday, February 20th. Finally, Morgan Stanley boosted their price target on shares of Marathon Oil from $15.00 to $21.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 24th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and twelve have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $18.33.

Shares of NYSE:MRO opened at $16.13 on Friday. Marathon Oil has a 52 week low of $10.55 and a 52 week high of $19.52. The company has a quick ratio of 1.24, a current ratio of 1.30 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $13,018.26, a price-to-earnings ratio of -2.40, a PEG ratio of 3.05 and a beta of 2.43.

Marathon Oil (NYSE:MRO) last issued its earnings results on Wednesday, February 14th. The oil and gas producer reported $0.07 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.02 by $0.05. Marathon Oil had a negative net margin of 120.11% and a negative return on equity of 2.24%. The firm had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.25 billion. During the same quarter in the prior year, the firm earned ($0.10) earnings per share. The business’s quarterly revenue was up 23.0% on a year-over-year basis. research analysts anticipate that Marathon Oil will post 0.48 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 12th. Stockholders of record on Wednesday, February 21st were given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 1.24%. The ex-dividend date was Tuesday, February 20th. Marathon Oil’s dividend payout ratio is -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.

Insider Buying and Selling by Quarter for Marathon Oil (NYSE:MRO)

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