For its third fiscal quarter (ending September 30), Marathon Oil Corp (NYSE: MRO) has reported a -32% decline in E.P.S. from $0.75 a year ago to $0.51 in the current quarter. E.P.S. were $2.32 for the latest four quarters through September 30 versus $2.70 for the same period a year ago — a decline of -14%.
Recent Price Action
On 11/6/24, Marathon Oil Corp (NYSE: MRO) stock enjoyed a large increase of 4.3%, closing at $28.80. Moreover, trading volume in this advance was unusually high at 154% of normal. The stock has risen 11.3% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
MRO is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Marathon Oil has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Marathon Oil has a very high Appreciation Score of 90 but a neutral Power Rating of 43, leading to the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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