BMO Capital Markets reiterated their hold rating on shares of Marathon Oil (NYSE:MRO) in a report released on Tuesday morning. They currently have a $20.00 target price on the oil and gas producer’s stock.

A number of other equities research analysts have also recently issued reports on the stock. R. F. Lafferty reissued a buy rating and issued a $27.00 target price (up previously from $26.00) on shares of Marathon Oil in a research report on Tuesday, February 20th. Zacks Investment Research cut shares of Marathon Oil from a buy rating to a hold rating in a research report on Thursday, February 8th. Wolfe Research cut shares of Marathon Oil from an outperform rating to a market perform rating in a research report on Tuesday, January 30th. Stifel Nicolaus set a $18.00 target price on shares of Marathon Oil and gave the company a hold rating in a research report on Tuesday, January 30th. Finally, Morgan Stanley boosted their target price on shares of Marathon Oil from $15.00 to $21.00 and gave the company an equal weight rating in a research report on Wednesday, January 24th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and twelve have given a buy rating to the stock. The stock has an average rating of Hold and a consensus price target of $18.27.

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Marathon Oil (NYSE MRO) opened at $14.86 on Tuesday. Marathon Oil has a fifty-two week low of $10.55 and a fifty-two week high of $19.52. The company has a market cap of $12,346.95, a price-to-earnings ratio of -2.21, a price-to-earnings-growth ratio of 3.24 and a beta of 2.43. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.30 and a quick ratio of 1.24.

Marathon Oil (NYSE:MRO) last released its quarterly earnings data 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. The firm had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.25 billion. Marathon Oil had a negative net margin of 120.11% and a negative return on equity of 2.24%. The company’s quarterly revenue was up 23.0% on a year-over-year basis. During the same period in the previous year, the company earned ($0.10) earnings per share. equities research analysts predict that Marathon Oil will post 0.43 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 12th. Investors of record on Wednesday, February 21st will be given a dividend of $0.05 per share. The ex-dividend date is Tuesday, February 20th. This represents a $0.20 annualized dividend and a yield of 1.35%. Marathon Oil’s dividend payout ratio is -2.97%.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Cerebellum GP LLC bought a new position in shares of Marathon Oil in the fourth quarter worth about $117,000. Pin Oak Investment Advisors Inc. bought a new position in shares of Marathon Oil in the fourth quarter worth about $118,000. FTB Advisors Inc. lifted its holdings in shares of Marathon Oil by 49.8% in the fourth quarter. FTB Advisors Inc. now owns 8,080 shares of the oil and gas producer’s stock worth $144,000 after acquiring an additional 2,687 shares during the last quarter. Mackenzie Financial Corp bought a new position in shares of Marathon Oil in the third quarter worth about $149,000. Finally, Valeo Financial Advisors LLC bought a new position in shares of Marathon Oil in the third quarter worth about $159,000. 78.99% of the stock is owned by institutional investors and hedge funds.

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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.

Analyst Recommendations for Marathon Oil (NYSE:MRO)

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