Investors purchased shares of Marathon Oil Corp. (NYSE:MRO) on weakness during trading hours on Friday. $52.55 million flowed into the stock on the tick-up and $43.25 million flowed out of the stock on the tick-down, for a money net flow of $9.30 million into the stock. Of all equities tracked, Marathon Oil Corp. had the 28th highest net in-flow for the day. Marathon Oil Corp. traded down ($0.31) for the day and closed at $14.11

Several equities research analysts have recently commented on the stock. Capital One Financial Corp. upgraded shares of Marathon Oil Corp. from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $15.00 to $17.00 in a research note on Tuesday, June 21st. Zacks Investment Research upgraded shares of Marathon Oil Corp. from a “hold” rating to a “buy” rating and set a $15.00 price objective for the company in a research note on Tuesday, April 19th. Seaport Global Securities upgraded shares of Marathon Oil Corp. from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $9.00 to $13.00 in a research note on Wednesday, March 30th. Royal Bank Of Canada lifted their price objective on shares of Marathon Oil Corp. from $14.00 to $16.00 and gave the stock a “sector perform” rating in a research note on Friday, July 8th. Finally, Citigroup Inc. upgraded shares of Marathon Oil Corp. to a “strong-buy” rating and set a $18.00 price objective for the company in a research note on Thursday, July 7th. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating, eleven have assigned a buy rating and three have issued a strong buy rating to the stock. Marathon Oil Corp. has a consensus rating of “Buy” and a consensus target price of $17.65.

The company has a 50 day moving average price of $14.47 and a 200-day moving average price of $11.71. The company’s market capitalization is $11.96 billion.

Marathon Oil Corp. (NYSE:MRO) last issued its quarterly earnings data 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 business had revenue of $730 million for the quarter, compared to analysts’ expectations of $903.27 million. During the same period in the previous year, the business posted ($0.37) earnings per share. The company’s revenue for the quarter was down 52.3% on a year-over-year basis. Equities analysts forecast that Marathon Oil Corp. will post ($1.00) EPS for the current fiscal year.

Other hedge funds and institutional investors have modified their holdings of the company. Vanguard Group Inc. increased its position in shares of Marathon Oil Corp. by 23.0% in the fourth quarter. Vanguard Group Inc. now owns 60,551,171 shares of the company’s stock valued at $762,339,000 after buying an additional 11,331,989 shares during the last quarter. Morgan Stanley increased its position in shares of Marathon Oil Corp. by 5.7% in the fourth quarter. Morgan Stanley now owns 4,011,638 shares of the company’s stock valued at $50,506,000 after buying an additional 215,921 shares during the last quarter. Twin Capital Management Inc. increased its position in shares of Marathon Oil Corp. by 225.7% in the fourth quarter. Twin Capital Management Inc. now owns 218,830 shares of the company’s stock valued at $2,755,000 after buying an additional 151,640 shares during the last quarter. BP PLC acquired a new position in shares of Marathon Oil Corp. during the fourth quarter valued at about $1,006,000. Finally, Suntrust Banks Inc. increased its position 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 valued at $2,642,000 after buying an additional 63,389 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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