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Marathon Oil Corporation (MRO) Lifted to "Buy" at Citigroup Inc

Marathon Oil Corporation (MRO) Lifted to

A number of other large investors also recently modified their holdings of the company. Capital Investment Advisors LLC increased its position in Marathon Petroleum Corporation by 0.4% in the first quarter. Citigroup Inc. raised shares of Marathon Oil Corporation from a "neutral" rating to a "buy" rating and reduced their target price for the company from $19.00 to $15.00 in a report on Wednesday, July 5th. Exane Derivatives boosted its stake in Marathon Oil Corporation by 38.9% in the first quarter. Carroll Financial Associates Inc. now owns 2,287 shares of the oil and gas company's stock valued at $115,000 after buying an additional 250 shares during the period. First Hawaiian Bank purchased a new position in shares of Marathon Oil Corporation during the first quarter valued at about $161,000. $19.35's average target is 68.70% above currents $11.47 stock price. Stillwater Investment Management, LLC controls 34,031 shares worth $1,781,000. Zurich Insurance Group Ltd FI bought a new stake in Marathon Oil Corporation during the fourth quarter worth $2,428,000. The company had a trading volume of 8,357,001 shares. The company have shares float of 848.11 million. Advisory Services Network LLC acquired a new stake in shares of Marathon Oil Corporation during the first quarter worth $103,000.

Marathon Petroleum Corporation (NYSE:MPC) last posted its quarterly earnings results on Thursday, April 27th. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a certain period of time. The company's market cap is $9.88 Billion, and the average volume is 14.42 Million.

Marathon Oil Corporation (MRO)'s RSI (Relative Strength Index) is 35.78. In contrast to the year ago quarter EPS was at -0.02.

Marathon Oil Corporation (MRO) reported sales (ttm) of 4.54 Billion, whereas, 7 number of analysts estimated the mean sale of 1177 million. Marathon Petroleum Corporation had a return on equity of 5.68% and a net margin of 1.80%. The oil and gas producer reported ($0.07) EPS for the quarter, topping the consensus estimate of ($0.08) by $0.01. During the same period a year ago, the firm earned ($0.43) EPS. Marathon Petroleum Corporation's revenue was up 27.8% on a year-over-year basis.

Marathon Oil Corporation (MRO) Lifted to

Marathon Oil Corporation (NYSE:MRO) last issued its quarterly earnings data on Thursday, May 4th. Shareholders of record on Wednesday, May 17th were issued a dividend of $0.36 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.74%. The ex-dividend date was Monday, May 15th. Marathon Oil Corporation's payout ratio is -2.53%. Royal Bank Of Canada restated a "buy" rating and issued a $69.00 price target on shares of Marathon Petroleum Corporation in a report on Thursday, June 1st. Jefferies Group LLC reaffirmed a "buy" rating and set a $22.00 price objective on shares of Marathon Oil Corporation in a research report on Friday, March 31st. The company was initiated on Thursday, April 13 by Stifel Nicolaus. Four analysts have rated the stock with a sell rating, thirteen have issued a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of "Hold" and an average price target of $18.27. Also, insider Thomas M. Kelley sold 25,000 shares of the firm's stock in a transaction on Wednesday, June 14th. Stock investors bought 1,294 call options on the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Another trade for 4,000 shares valued at $213,000 was made by Palmer C. Michael on Wednesday, May 24. Its last month's stock price volatility remained 1.59% which for the week stands at 1.66%.

Analysts look for public financial statements, listen in on conference calls and talk to managers and customers of a company in order to reach an opinion and communicate the value of a stock. The disclosure for this sale can be found here. Vanguard Group Inc. now owns 84,869,602 shares of the oil and gas producer's stock worth $1,340,940,000 after buying an additional 2,870,533 shares in the last quarter.

Marathon Petroleum Corporation is engaged in refining, marketing, retail and transportation businesses in the United States and the largest east of the Mississippi. The Firm operates through three divisions: Refining & Marketing; Speedway; and Midstream. The Refining & Marketing segment refines crude oil and other feedstocks at the Company's seven refineries in the Gulf Coast and Midwest regions of the United States. Institutional investors and hedge funds own 81.97% of the company's stock.



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