Marathon Oil Corp (NYSE:MRO) 2018 Q1 Sentiment Reported At 0.96

June 27, 2018 - By Sarah Harris

Marathon Oil Corporation (NYSE:MRO) Corporate Logo

Positions for Marathon Oil Corp (NYSE:MRO)

“Big money sentiment for Marathon Oil Corp (NYSE:MRO) in 2018 Q1 increased to 0.96, revealed SEC filings. That’s up 0.08, from 2017Q4’s 0.88. 213 investment managers started new and increased positions, while 223 trimmed and sold stakes in Marathon Oil Corp so the sentiment has increased. Funds own 647.65 million shares, down from 664.17 million shares in 2017Q4. Funds holding Marathon Oil Corp in top 10 changed to 5 from 4 for an increase of 1. 29 Investors Sold All; 194 Reduced Holdings; 147 increased stakes while 66 investment managers bought stakes.

Largest Marathon Oil Corp Investors

As of 2018 Q1 Encompass Capital Advisors Llc has 3.64% invested in Marathon Oil Corp. Marathon Oil Corp’s shareholder Sir Capital Management L.P. owns 1.22 million shares as of 2018 Q1. Also, F&V Capital Management Llc reported 312,620 shares in Marathon Oil Corp equivalent to 2.75% of its fund’s portfolio. Mitchell Group Inc revealed 864,280 shares position in Marathon Oil Corp. The California-based fund Hotchkis & Wiley Capital Management Llc holds 38.94 million shares or 2.49% of their fund’s portfolio.

Marathon Oil Corporation operates as an energy company.The company has $18.03 billion market cap. It operates through three divisions: North America E&P, International E&P, and Oil Sands Mining.Currently it has negative earnings. The North America E&P segment develops, explores for, produces, and markets crude oil and condensate, natural gas liquids , and natural gas in North America.

The stock increased 1.93% or $0.4 during the last trading session, hitting $21.13.Marathon Oil Corporation has volume of 5.16M shares. Since June 27, 2017 MRO has risen 53.41% and is uptrending. MRO outperformed the S&P500 by 40.84%.

On August, 1 Marathon Oil Corporation (NYSE:MRO)’s earnings release is anticipated by WallStreet, Zacks reports. Analysts have expectation on stock’s earnings per share of $0.16. That’s up 166.67 % from last year’s $-0.24 earnings per share. The profit will be $136.51 million for MRO if $0.16 earnings per share becomes true. Wall Street now predicts -11.11 % negative EPS growth despite Marathon Oil Corporation previous quarter’s EPS of $0.18.

Alphamark Advsr Lc owns 20 shs. Raymond James And Assoc stated it has 0.05% in Marathon Oil Corporation (NYSE:MRO). Livforsakringsbolaget Skandia Omsesidigt reported 12,921 shs stake. Etrade Mngmt Llc, New York-based fund reported 121,359 shs. Gabelli Funds Lc reported 372,000 shs. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment Mngmt owns 91,700 shs or 0.01% of their US capital. State Board Of Administration Of Florida Retirement System owns 1.20M shs for 0.05% of their capital. Dnb Asset Management As invested in 103,509 shs. Michigan-based Deroy & Devereaux Private Counsel has invested 0.3% in Marathon Oil Corporation (NYSE:MRO). Mirae Asset Glob Investments Com Ltd holds 0% of its capital in Marathon Oil Corporation (NYSE:MRO) for 10,050 shs. 158,067 were reported by Utah Retirement. Kentucky Retirement Sys Ins Tru Fund stated it has 0.06% of its capital in Marathon Oil Corporation (NYSE:MRO). Public Employees Retirement Association Of Colorado holds 155,545 shs. Fukoku Mutual Life Insur stated it has 4,800 shs or 0.01% of all its holdings. Tru Of Vermont holds 8,276 shs.

Marathon Oil Corporation registered $10.21 million net activity with 0 buys and 3 insider sales since May 7, 2018. 400,000 shs were sold by TILLMAN LEE M, worth $8.66 million on Thursday, May 17. WAGNER PATRICK had sold 53,333 shs worth $1.13M on Wednesday, May 16.

Marathon Oil Corporation (NYSE:MRO) Ratings Coverage

In total 14 analysts cover Marathon Oil (NYSE:MRO). “Buy” rating has 7, “Sell” are 0, while 7 are “Hold”. (NYSE:MRO) has 50% bullish analysts. With $27 highest and $16 lowest PT, Marathon Oil has $21.07 average PT or -0.28% below the current ($21.13) price. 19 are the (NYSE:MRO)’s ratings reports on 27 Jun 2018 according to StockzIntelligence Inc. The stock rating was maintained by Stephens with “Hold” on Tuesday, February 6. On Monday, April 23 Stifel Nicolaus maintained Marathon Oil Corporation (NYSE:MRO) with “Hold” rating. In Wednesday, January 24 report Morgan Stanley maintained the stock with “Equal-Weight” rating. On Sunday, February 25 the firm has “Buy” rating given by Susquehanna. The stock rating was upgraded by Bank of America to “Buy” on Thursday, January 4. The stock rating was maintained by Stifel Nicolaus with “Hold” on Wednesday, March 28. On Friday, June 8 the stock has “Buy” rating by Tudor Pickering. On Tuesday, January 23 the firm has “Buy” rating by Piper Jaffray given. In Tuesday, February 20 report RF Lafferty maintained the stock with “Buy” rating. On Wednesday, January 17 the firm has “Buy” rating given by Susquehanna.

A couple more Marathon Oil Corporation (NYSE:MRO) news were brought out by: Bizjournals.com which released on June 25, 2018 “See which Houston public cos. were the biggest winners, losers for job growth since 2009”, also Benzinga.com on June 26, 2018 brought out “How EVs Are Forcing A Relationship Change Between OEMs, Energy Suppliers, Governments”, the next Seekingalpha.com is “Marathon Oil Is Bakken Into Oil Profits” on June 11, 2018. Streetinsider.com has article titled “Marathon Oil (MRO) Announces Zach Dailey as New CEO; Appoints Guy Baber as VP of IR”.

Marathon Oil Corporation (NYSE:MRO) Institutional Investors Chart

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