Look for Shares of Marathon Oil to Potentially Pullback after Yesterday's 6.81% Rise
Comtex SmarTrend(R) - Tue Jul 12, 1:49PM CDT
Marathon Oil (NYSE:MRO) traded in a range yesterday that spanned from a low of $15.01 to a high of $15.73. Yesterday, the shares gained 6.8%, which took the trading range above the 3-day high of $15.40 on volume of 12.6 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: 15.39 (-0.21)
Watch for Shares of Marathon Oil (MRO) to Approach Resistance at $15.31
Comtex SmarTrend(R) - Tue Jul 12, 8:36AM CDT
Shares of Marathon Oil (NYSE:MRO) opened today above their pivot of $14.83 and have already reached the first level of resistance at $15.00. Investors may be interested in a cross of the next upside pivot targets of $15.31 and $15.79.
MRO: 15.39 (-0.21)
5 Energy Stocks to Watch for Gains This Earnings Season
Nilanjan Choudhury - Zacks Investment Research - Mon Jul 11, 2:18PM CDT
These stocks, by virtue of their favorable Zacks Rank and positive earnings ESP, are likely to come out with flying colors this earnings season.
NFX: 44.23 (-0.93), MDR: 5.02 (-0.11), HES: 58.01 (-2.12), APA: 56.83 (-0.71), MRO: 15.39 (-0.21)
Robbins Arroyo LLP: Acquisition of Nortek Inc. (NTK) by Melrose Industries PLC (MRO) May Not Be in Shareholders' Best Interests
BusinessWire - Wed Jul 06, 2:17PM CDT
Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of Nortek Inc. (NASDAQ: NTK) by Melrose Industries PLC (London: MRO). On July 6, 2016, the two companies announced the signing of a definitive merger agreement pursuant to which Melrose Industries will acquire Nortek. Under the terms of the agreement, Nortek shareholders will receive $86.00 for each share of Nortek common stock.
MRO: 15.39 (-0.21), NTK: 86.70 (+0.01)
Next Support Level for Marathon Oil (MRO) is $14.47
Comtex SmarTrend(R) - Tue Jul 05, 9:15AM CDT
Marathon Oil (NYSE:MRO) has opened bearishly below the pivot of $15.46 today and has reached the first level of support at $15.07. Should the shares continue to fall, the support pivots of $14.47 and $13.48 will be of interest.
MRO: 15.39 (-0.21)
Marathon Oil Upped to Buy on Positive Estimate Revisions
Zacks Equity Research - Zacks Investment Research - Tue Jul 05, 7:52AM CDT
On Jul 5, Zacks Investment Research upgraded Marathon Oil Corporation (MRO) to a Zacks Rank #2 (Buy).
MDR: 5.02 (-0.11), NADL: 5.92 (-0.08), MRO: 15.39 (-0.21), DNR: 3.43 (-0.24)
Market Signals Most Active Stocks Within the Oil and Gas Sector
ACCESSWIRE - Thu Jun 30, 8:17AM CDT
LONDON, UK / ACCESSWIRE / June 30, 2016 / Active Wall St announces its coverage of market signals with highlight on these most active stocks from Wednesday's session: The Chesapeake Energy Corporation (NYSE: CHK), Marathon Oil Corporation (NYSE: MRO), and Denbury Resources Inc. (NYSE: DNR). Register with us now for your free membership and get more on our signal alerts at:
CHK: 4.34 (-0.24), DNR: 3.43 (-0.24), MRO: 15.39 (-0.21)
Watch for Marathon Oil to Potentially Pullback After Gaining 3.82% Yesterday
Comtex SmarTrend(R) - Wed Jun 29, 1:05PM CDT
Marathon Oil (NYSE:MRO) traded in a range yesterday that spanned from a low of $14.84 to a high of $15.36. Yesterday, the shares gained 3.8%, which took the trading range above the 3-day high of $14.94 on volume of 13.7 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: 15.39 (-0.21)
Stock Market News for June 29, 2016
Zacks Equity Research - Zacks Investment Research - Wed Jun 29, 9:10AM CDT
Following two trading days of losses after the U.K. referendum results, benchmarks closed in the green on Tuesday after investors recouped some of their losses
GS: 157.40 (+0.48), JPM: 62.90 (-0.30), MPC: 36.55 (-0.99), C: 43.34 (-0.10), HAL: 45.09 (-0.94), EOG: 83.55 (-1.59), XOM: 94.31 (-0.64), WFC: 48.31 (-0.04), BAC: 13.41 (-0.13), MRO: 15.39 (-0.21), CVX: 106.22 (-0.56), SWN: 13.93 (-0.27)
Asian stocks up as worries from Britain's EU leave vote ease
By YOUKYUNG LEE - AP - Tue Jun 28, 10:40PM CDT
SEOUL, South Korea (AP) — Asian stock markets rallied on Wednesday following overnight gains on Wall Street and even bigger gains in Europe, as worries about uncertainty following Britain's EU referendum eased.
MRO: 15.39 (-0.21), WDC: 51.86 (+0.02)
Upgrade Alert for Marathon Oil (MRO)
Comtex SmarTrend(R) - Tue Jun 28, 3:32AM CDT
Marathon Oil (NYSE:MRO) was upgraded from Underperform to Peer Perform at Wolfe Research today. The stock closed yesterday at $13.66 on volume of 23.9 million shares, below average daily volume of 26.2 million. Marathon Oil has overhead space with shares priced $13.66, or 41.8% below the average consensus analyst price target of $23.49. Marathon Oil shares should encounter resistance at the 200-day moving average (MA) of $14.19 and support at the 50-day MA of $11.58.
MRO: 15.39 (-0.21)
Research Report Initiated on Select Independent Oil & Gas Equities
ACCESSWIRE - Mon Jun 27, 8:25AM CDT
LONDON, UK / ACCESSWIRE / June 27, 2016 / ActiveWallSt.com announces the list of stocks for today's research coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Independent Oil & Gas industry. Companies recently under review include Chesapeake Energy, Marathon Oil, Southwestern Energy, and Triangle Petroleum. See our complete report on Chesapeake Energy at:
CHK: 4.34 (-0.24), MRO: 15.40 (-0.20), TPLM: 0.25 (-0.01), SWN: 13.93 (-0.27)
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: 159.92 (-0.03), MRO: 15.40 (-0.20), KBH: 16.43 (+0.09), ADBE: 98.17 (+0.63)
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: 44.60 (-1.15), WLL: 8.63 (-0.17), HES: 58.01 (-2.12), QEP: 17.50 (-0.75), EOG: 83.55 (-1.59), MRO: 15.40 (-0.20), SM: 25.98 (-1.06)
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: 42.71 (+0.30), MRO: 15.40 (-0.20), VZ: 55.70 (+0.23)
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: 39.08 (-0.93), VLO: 48.83 (-0.42), PXD: 153.79 (-2.71), WMB: 22.28 (+0.39), BP: 36.83 (-0.08), ETE: 16.06 (+0.01), MRO: 15.40 (-0.20)
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: 4.24 (+0.14), OPK: 9.88 (-0.03), DIS: 100.21 (+0.01), MRO: 15.39 (-0.21)
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: 13.25 (+0.02), FOSL: 30.78 (-0.82), JBLU: 18.60 (+0.59), MRO: 15.39 (-0.21), TASR: 27.07 (+0.07)