Marathon Oil Reports Second Quarter 2016 Results
GlobeNewswire - 37 mins ago
Marathon Oil Corporation (NYSE:MRO) today reported a second quarter 2016 net loss of $170 million, or $0.20 per diluted share. The net loss includes the impact of certain items not typically represented in analysts' earnings estimates and that would otherwise affect comparability of results. The adjusted net loss for the quarter was $196 million or $0.23 per diluted share.
MRO: 13.42 (+0.52)
VAALCO Energy Announces Retirement of Chief Executive Officer Steve Guidry
GlobeNewswire - Wed Aug 03, 5:50AM CDT
VAALCO Energy, Inc. (NYSE:EGY) today announced that Steve Guidry, the Company's Chief Executive Officer, will retire from the Company and Board of Directors effective September 1, 2016.
MRO: 13.42 (+0.52), EGY: 0.92 (-0.02)
What's in the Cards for Marathon Oil (MRO) in Q2 Earnings?
Nilanjan Choudhury - Zacks Investment Research - Mon Aug 01, 5:29PM CDT
Leading upstream energy firm Marathon Oil (MRO) is set to release its second-quarter results after the closing bell on Wednesday, Aug 3.
LGCY: 1.77 (+0.09), CXO: 126.01 (+4.72), DVN: 38.00 (+1.88), MRO: 13.42 (+0.52)
Look for Shares of Marathon Oil to Potentially Rebound after Yesterday's 4.62% Sell Off
Comtex SmarTrend(R) - Mon Aug 01, 1:02PM CDT
Marathon Oil (NYSE:MRO) traded in a range yesterday that spanned from a low of $12.90 to a high of $13.43. Yesterday, the shares fell 4.6%, which took the trading range below the 3-day low of $13.06 on volume of 11.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
MRO: 13.42 (+0.52)
Marathon Oil (MRO) Approaches New Downside Target of $12.87
Comtex SmarTrend(R) - Mon Aug 01, 9:08AM CDT
Shares of Marathon Oil (NYSE:MRO) opened today below their pivot of $13.50 and have already reached the first level of support at $13.25. Should the shares continue to fall, the support pivots of $12.87 and $12.24 will be of interest.
MRO: 13.42 (+0.52)
Covered Call reports for Marathon Oil Corporation, Amazon.com, Jazz Pharmaceuticals, Kellogg Company and Nike include trade ideas that offer returns of 20% or more!
PR Newswire - Fri Jul 29, 8:31AM CDT
InvestorsObserver issues critical PriceWatch Alerts for AMZN, JAZZ, K, MRO, and NKE.
AMZN: 754.64 (-5.94), NKE: 54.75 (-0.17), JAZZ: 151.15 (+1.30), MRO: 13.42 (+0.52), K: 81.08 (-0.79)
Independent Oil & Gas Stocks Technical Notes -- Chesapeake Energy, Marathon Oil, Southwestern Energy, and Triangle Petroleum
PR Newswire - Fri Jul 29, 6:40AM CDT
Stock-Callers.com focus is directed on the Independent Oil and Gas space, which is starting to adapt to lower oil prices. Despite declining revenues, optimism persists as the industry slowly reconstructs and repositions itself for growth by the end of the year. Ahead of today's session, we have selected the following equities for review: Chesapeake Energy Corp. (NYSE: CHK), Marathon Oil Corp. (NYSE: MRO), Southwestern Energy Co. (NYSE: SWN), and Triangle Petroleum Corp. (NYSEMKT: TPLM). Learn more about these stocks by accessing their free notes at: http://stock-callers.com/registration
CHK: 5.29 (+0.39), MRO: 13.42 (+0.52), TPLM: 0.21 (+0.03), SWN: 14.50 (+0.73)
Marathon Petroleum (MPC) Beats on Q2 Earnings & Revenues
Nilanjan Banerjee - Zacks Investment Research - Thu Jul 28, 7:46AM CDT
Marathon Petroleum (MPC) Beats on Q2 Earnings & Revenues
MPC: 41.22 (+2.43), MRO: 13.42 (+0.52)
Asian stock markets slip as investors await Bank of Japan
By KELVIN CHAN - AP - Wed Jul 27, 10:41PM CDT
HONG KONG (AP) — Asian stock markets were mostly lower Thursday as investors digested an upbeat Fed assessment of the U.S. economy that raised the prospect of further rate hikes as they anticipate more stimulus from Japan.
HES: 53.39 (+1.64), MRO: 13.42 (+0.52)
Marathon Oil Corporation Declares Second Quarter 2016 Dividend
GlobeNewswire - Wed Jul 27, 3:31PM CDT
Marathon Oil Corporation (NYSE: MRO) announced today that the Company's board of directors has declared a dividend of 5 cents per share on Marathon Oil Corporation common stock. The dividend is payable on Sept. 12, 2016, to stockholders of record on Aug. 17, 2016.
MRO: 13.42 (+0.52)
Watch for Marathon Oil to Potentially Rebound After Falling 1.55% Yesterday
Comtex SmarTrend(R) - Mon Jul 18, 12:41PM CDT
Marathon Oil (NYSE:MRO) traded in a range yesterday that spanned from a low of $14.73 to a high of $15.16. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $15.10 on volume of 8.8 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
MRO: 13.42 (+0.52)
Oil Price Stabilization Means Influx in M&A Activity
PR Newswire - Mon Jul 18, 8:00AM CDT
Current oil prices have substantially recovered as compared to its $25-$30 lower levels in first quarter of this year, to the current levels of $45-$50 by the 2nd quarter. The increase in price per barrel has given a boost to the straggling companies in the oil and gas sector. As a result, total global spend on upstream M&A deals rose significantly, as companies started to take advantage of the revival in the sector. International Western Petroleum, Inc. (OTCQB: INWP), Range Resources Corp. (NYSE: RRC), Chevron Corporation (NYSE: CVX), Exxon Mobil Corporation (NYSE: XOM), Marathon Oil Corporation (NYSE: MRO)
XOM: 87.49 (+0.45), MRO: 13.42 (+0.52), CVX: 100.61 (+1.02), RRC: 40.64 (+1.71)
How Marathon Oil (MRO) Stock Stands Out in a Strong Industry
Zacks Equity Research - Zacks Investment Research - Mon Jul 18, 7:55AM CDT
Marathon Oil (MRO) in the Oil & Gas US Integrated space is seeing solid earnings estimate revision activity, and is a great company from a Zacks Industry Rank perspective.
MRO: 13.42 (+0.52)
Marathon Oil Develops First Gas from Alba Offshore Platform
Zacks Equity Research - Zacks Investment Research - Mon Jul 18, 7:05AM CDT
Marathon Oil Corporation (MRO) declared the production of first gas from its new Alba B3 compression platform, located off the coast of Equatorial Guinea.
NBL: 34.05 (-0.40), QEP: 18.29 (+0.51), MRO: 13.42 (+0.52), MTDR: 20.05 (+0.74)
Occidental Petroleum (OXY) Announces 1.3% Dividend Hike
Zacks Equity Research - Zacks Investment Research - Fri Jul 15, 9:15AM CDT
The board of directors of Occidental Petroleum Corporation (OXY) has approved a 1.3% increase in its quarterly dividend rate
COP: 40.31 (+0.52), MRO: 13.42 (+0.52), OXY: 74.38 (+1.26), BHI: 47.13 (+0.45)
Zacks Industry Rank Analysis Highlights: Conoco Phillips, Phillips 66, Hess, Marathon Oil and Marathon Petroleum
Zacks Equity Research - Zacks Investment Research - Fri Jul 15, 8:30AM CDT
Zacks Industry Rank Analysis Highlights: Conoco Phillips, Phillips 66, Hess, Marathon Oil and Marathon Petroleum
PSX: 78.66 (+2.51), HES: 53.39 (+1.64), MPC: 41.22 (+2.43), COP: 40.31 (+0.52), MRO: 13.42 (+0.52)
Oil E&P Bounces on Mass Analyst Upgrades
John Blank - Zacks Investment Research - Thu Jul 14, 2:28PM CDT
Oil E&P Bounces on Mass Analyst Upgrades
HES: 53.39 (+1.64), COP: 40.31 (+0.52), MRO: 13.42 (+0.52)
Oil Companies Prove to be Resilient in 2016
PR Newswire - Thu Jul 14, 11:15AM CDT
Over the last three months crude oil prices have been in recovery mode. Recent news and economic developments paint a slightly mixed picture for the oil industry, with hints for a better and more stable oil market. SPDR S&P Oil & Gas Exploration & Production ETF (NYSEARCA: XOP), Marathon Oil Corporation (NYSE: MRO), International Western Petroleum, Inc. (OTCQB: INWP), Approach Resources Inc. (NASDAQ: AREX), Hess Corp. (NYSE: HES)
HES: 53.39 (+1.64), XOP: 34.30 (+1.32), MRO: 13.42 (+0.52), AREX: 1.49 (+0.06)
Exxon Mobil and 4 Other Energy Stocks to Buy This Summer
Zacks Equity Research - Zacks Investment Research - Thu Jul 14, 7:43AM CDT
We have introduced five oil stocks that have solid fundamentals and the possibility to outperform the broader U.S. equity market in an unpredictable oil pricing scenario.
PBR: 8.29 (+0.38), DO: 21.23 (+0.45), RIG: 10.45 (+0.40), XOM: 87.49 (+0.45), MRO: 13.42 (+0.52)
Marathon Oil Announces First Gas from Alba B3 Compression Platform
GlobeNewswire - Thu Jul 14, 5:30AM CDT
Marathon Oil Corporation (NYSE: MRO) announced today that it has achieved first gas production through its new Alba B3 offshore compression platform off Equatorial Guinea. Production from the B3 platform allows Marathon Oil to convert approximately 130 million barrels of oil equivalent of proved undeveloped reserves, more than doubling the Company's remaining proved developed reserve base in EG.
MRO: 13.42 (+0.52)