Asian stocks mixed ahead of Britain's referendum
By YURI KAGEYAMA - AP - Wed Jun 22, 9:09PM CDT
TOKYO (AP) — Asian shares were mixed Thursday ahead of a vote on whether Britain will opt to remain in the European Union.
FDX: 150.57 (-7.32), MRO: 14.59 (-0.68), KBH: 14.82 (-0.26), ADBE: 92.20 (-4.01)
North Dakota Oil Output Suffers Record Monthly Drop
Nilanjan Choudhury - Zacks Investment Research - Wed Jun 22, 2:18PM CDT
North Dakota's oil output recorded a historic drop in April, reflecting the steep downturn in the commodity's prices.
CLR: 43.50 (-2.38), WLL: 9.65 (-1.67), HES: 55.83 (-3.94), QEP: 17.32 (-1.37), EOG: 81.06 (-3.44), MRO: 14.59 (-0.68), SM: 27.57 (-2.60)
Upgrade Alert for Marathon Oil (MRO)
Comtex SmarTrend(R) - Wed Jun 22, 3:16AM CDT
Marathon Oil (NYSE:MRO) was upgraded from Equalweight to Overweight at Capital One today. The stock closed yesterday at $15.09 on volume of 34.3 million shares, above average daily volume of 26.2 million. Marathon Oil Corporation, through its subsidiaries, is an integrated oil firm with operations worldwide. The Company explores for and produces and markets liquid hydrocarbons and natural gas on a worldwide basis. Marathon also mines, extracts and transports bitumen from oil sands deposits in Alberta, Canada and refines, markets and transports crude oil and petroleum products.
MRO: 14.59 (-0.68)
Markets Right Now: Stocks inch higher ahead of British vote
AP - Tue Jun 21, 3:13PM CDT
NEW YORK (AP) — The latest on developments in global financial markets (all times local):
T: 41.52 (-0.36), MRO: 14.59 (-0.68), VZ: 54.43 (-0.24)
Oil & Gas Stock Roundup: Marathon Oil to Buy PayRock Energy, Pioneer Expands Midland Footprint
Nilanjan Choudhury - Zacks Investment Research - Tue Jun 21, 2:24PM CDT
Marathon Oil (MRO) is set to buy PayRock Energy for $888 million, while Pioneer Natural Resources (PXD) will acquire properties worth $435 million in the Midland Basin acreage.
DVN: 35.85 (-2.95), VLO: 52.56 (-1.15), PXD: 152.92 (-7.67), WMB: 21.31 (-0.47), BP: 32.98 (-1.65), ETE: 13.83 (-0.52), MRO: 14.59 (-0.68)
Company News for June 21, 2016
Zacks Equity Research - Zacks Investment Research - Tue Jun 21, 9:10AM CDT
Companies in the News are: MRO,OPK,DIS,LC
LC: 4.69 (-0.29), OPK: 9.46 (-0.29), DIS: 95.72 (-3.30), MRO: 14.59 (-0.68)
Covered Call reports for Micron, TASER International, Fossil Group, Marathon Oil Corporation, and JetBlue include trade ideas that offer returns of 20% or more!
PR Newswire - Tue Jun 21, 8:31AM CDT
InvestorsObserver issues critical PriceWatch Alerts for MU, TASR, FOSL, MRO and JBLU.
MU: 13.21 (-0.84), FOSL: 27.81 (-2.76), JBLU: 15.46 (-0.83), MRO: 14.59 (-0.68), TASR: 22.98 (-0.98)
Asian stocks rise amid hopes Britain will stay in EU
By JOE McDONALD - AP - Mon Jun 20, 9:59PM CDT
BEIJING (AP) — Asian stocks edged higher Tuesday on optimism Britain will vote to stay in the European Union but gains slowed as investors awaited an economic report by the head of the U.S. Federal Reserve.
FDX: 150.57 (-7.32), GE: 29.82 (-1.37), HON: 112.98 (-4.34), DIS: 95.72 (-3.30), WMT: 71.96 (-0.14), WFC: 45.71 (-2.20), BAC: 13.00 (-1.04), BA: 126.52 (-7.03), NTRS: 65.50 (-6.04), JPM: 59.60 (-4.45), EBAY: 23.13 (-1.72), MRO: 14.59 (-0.68), CVX: 101.90 (-2.54)
Marathon Oil Buys PayRock Energy, MRO Stock Jumps 10%
Afrasiab Mian - Zacks Investment Research - Mon Jun 20, 6:38PM CDT
Marathon Oil Corp. (MRO) has seen its shares fall by 43% over the last year, but their most recent buyout could signal change.
DVN: 35.85 (-2.95), NFX: 41.80 (-1.13), MRO: 14.59 (-0.68)
Why is Marathon Oil (MRO) Stock Rallying Today?
Madeleine Johnson - Zacks Investment Research - Mon Jun 20, 2:29PM CDT
On Monday, shares of Marathon Oil Corp. (MRO) are rallying, up over 10% in afternoon trading after the company announced it had agreed to acquire PayRock Energy for $888 million from EnCap investments, a private equity firm.
MRO: 14.59 (-0.68)
After Yesterday's Rally of 9.38% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Mon Jun 20, 12:33PM CDT
Marathon Oil (NYSE:MRO) traded in a range yesterday that spanned from a low of $13.83 to a high of $14.49. Yesterday, the shares gained 9.4%, which took the trading range above the 3-day high of $13.49 on volume of 21.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
MRO: 14.59 (-0.68)
Fitch: PayRock Acquisition Neutral to Marathon's Current Ratings
BusinessWire - Mon Jun 20, 11:49AM CDT
Fitch Ratings views Marathon Oil Corporation's (Marathon) planned acquisition of PayRock Energy for approximately $888 million in total consideration as neutral to the company's ratings. PayRock's assets are comprised primarily of leaseholds in the liquids-rich STACK play in Oklahoma, including 61,000 acres and approximately 9,000 boepd in production.
MRO: 14.59 (-0.68)
Marathon Oil (MRO) Breaks Through Resistance at $12.98
Comtex SmarTrend(R) - Fri Jun 17, 9:05AM CDT
Shares of Marathon Oil (NYSE:MRO) have bullishly opened above the pivot of $12.60 today and have reached the first resistance level of $12.98. Investors may be interested in a cross of the next upside pivot targets of $13.30 and $14.00.
MRO: 14.59 (-0.68)
Cavium and Marathon Oil skid, while Kroger and Newmont rise
AP - Thu Jun 16, 3:46PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Thursday:
CAVM: 37.71 (-2.41), ED: 78.41 (+1.55), MRK: 55.88 (-1.80), NEM: 37.19 (+1.80), M: 32.08 (-1.30), MRO: 14.59 (-0.68)
Stocks stage late-day comeback to end 5 days of losses
By KEN SWEET - AP - Thu Jun 16, 3:42PM CDT
NEW YORK (AP) — Stocks in the U.S. staged a late afternoon rally to close moderately higher on Thursday, ending a five-day losing streak.
VIA: 46.04 (-2.11), MRO: 14.59 (-0.68), VIAB: 40.97 (-2.50)
Markets Right Now: US climb, breaking a losing streak
AP - Thu Jun 16, 3:16PM CDT
NEW YORK (AP) — The latest on developments in global financial markets (all times local):
MRO: 14.59 (-0.68)
Marathon Oil Corporation, Waste Management Incorporated, Verizon Communications, American Airlines, and NRG Energy Inc. and more offer option-trading opportunities that offer returns of more than 20%
PR Newswire - Mon Jun 13, 8:31AM CDT
InvestorsObserver issues critical PriceWatch Alerts for MRO, WM, VZ, AAL and NRG.
AAL: 27.05 (-3.28), MRO: 14.59 (-0.68), VZ: 54.43 (-0.24), WM: 63.70 (+0.25), NRG: 13.99 (-0.54)
Marathon Petroleum to Cut Air Pollution, Fed Fines $334.6M
Zacks Equity Research - Zacks Investment Research - Fri Jun 10, 3:43PM CDT
Leading independent refiner, transporter and marketer of petroleum products, Marathon Petroleum Corporation (MPC), has agreed to spend $334.6 million to settle a dispute over refinery pollution across five U.S. states. The company will also pay a $326,000 civil penalty.
MDR: 4.80 (-0.33), MPC: 35.33 (-1.29), MRO: 14.59 (-0.68), PTR: 65.75 (-5.79)
Marathon Oil Falls 4.73% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Fri Jun 10, 1:33PM CDT
Marathon Oil (NYSE:MRO) traded in a range yesterday that spanned from a low of $13.57 to a high of $13.99. Yesterday, the shares fell 4.7%, which took the trading range below the 3-day low of $13.97 on volume of 8.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
MRO: 14.59 (-0.68)