Drilling Down Into Marathon Oil Corporation (MRO)

Marathon Oil Corporation (MRO) is an interesting player in the Basic Materials space, with a focus on Independent Oil & Gas. The stock has been active on the tape, currently trading at $16.93, down from yesterday’s close by -0.82%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Marathon Oil Corporation (MRO) currently trades with a market capitalization of $14.50 Billion. That value represents a market adjusting for revenues that have been growing by 30.75 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $375 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of -$0.02 on a per share basis this quarter. Perhaps, that suggests something about why 0.51% of the outstanding share supply is held by institutional investors.



Technical Analysis

It’s important to check the technicals to get a sense of how MRO has been acting. Looking at the stock’s movement on the chart, Marathon Oil Corporation recorded a 52-week high of $18.27. It is now trading 1.34% off that level. The stock is trading $15.14 its 50-day moving average by -1.79%. The stock carved out a 52-week low down at $10.55.

In recent action, Marathon Oil Corporation (MRO) has made a move of +14.08% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 19.03, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 2.45% with $847.78 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of MRO.

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