Marathon Oil Corp. (NYSE:MRO) fell 1.3% on Monday . The company traded as low as $14.71 and last traded at $14.72, with a volume of 7,603,931 shares changing hands. The stock had previously closed at $14.92.

A number of research firms have weighed in on MRO. Capital One Financial Corp. raised Marathon Oil Corp. from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $15.00 to $17.00 in a report on Tuesday, June 21st. Zacks Investment Research raised Marathon Oil Corp. from a “hold” rating to a “buy” rating and set a $15.00 price objective on the stock in a report on Tuesday, April 19th. Seaport Global Securities raised Marathon Oil Corp. from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $9.00 to $13.00 in a report on Wednesday, March 30th. Royal Bank Of Canada lifted their price objective on Marathon Oil Corp. from $14.00 to $16.00 and gave the company a “sector perform” rating in a report on Friday, July 8th. Finally, Citigroup Inc. raised Marathon Oil Corp. to a “strong-buy” rating and set a $18.00 price objective on the stock in a report on Thursday, July 7th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating, eleven have assigned a buy rating and three have issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $17.42.

The stock’s market capitalization is $12.91 billion. The stock’s 50-day moving average is $14.11 and its 200 day moving average is $11.56.

Marathon Oil Corp. (NYSE:MRO) last posted its quarterly earnings results on Wednesday, May 4th. The company reported ($0.43) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.46) by $0.03. The firm had revenue of $730 million for the quarter, compared to analyst estimates of $903.27 million. The business’s revenue was down 52.3% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.37) EPS. On average, equities research analysts expect that Marathon Oil Corp. will post ($1.07) earnings per share for the current fiscal year.

Several hedge funds have recently bought and sold shares of MRO. Suntrust Banks Inc. raised its stake in shares of Marathon Oil Corp. by 43.2% in the fourth quarter. Suntrust Banks Inc. now owns 209,973 shares of the company’s stock worth $2,642,000 after buying an additional 63,389 shares in the last quarter. Andra AP fonden increased its position in Marathon Oil Corp. by 8.6% in the fourth quarter. Andra AP fonden now owns 181,800 shares of the company’s stock valued at $2,289,000 after buying an additional 14,400 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. increased its position in Marathon Oil Corp. by 6.9% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 89,949 shares of the company’s stock valued at $1,132,000 after buying an additional 5,791 shares during the last quarter. Aberdeen Asset Management PLC UK increased its position in Marathon Oil Corp. by 3.1% in the fourth quarter. Aberdeen Asset Management PLC UK now owns 327,216 shares of the company’s stock valued at $6,047,000 after buying an additional 9,861 shares during the last quarter. Finally, Principal Financial Group Inc. increased its position in Marathon Oil Corp. by 5.4% in the fourth quarter. Principal Financial Group Inc. now owns 999,820 shares of the company’s stock valued at $12,587,000 after buying an additional 51,475 shares during the last quarter.

Marathon Oil Corporation is an exploration and production company with operations in North America, Europe and Africa. The Company operates through three segments: North America E&P (N.A. E&P), International E&P (Int’l E&P), and Oil Sands Mining (OSM). The N.A. E&P segment explores for, produces and markets crude oil and condensate, natural gas liquids (NGLs) and natural gas in North America.

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