Marathon Oil Corp (NYSE:MRO) Q1 2018 Sentiment Change, Now at 0.96

June 27, 2018 - By Susanne Funderburg

Marathon Oil Corporation (NYSE:MRO) Corporate Logo

Positions for Marathon Oil Corp (NYSE:MRO)

“Big money sentiment for Marathon Oil Corp (NYSE:MRO) in 2018 Q1 increased to 0.96, according to Securities and Exchange Commission filings. That’s up 0.08, from 2017Q4’s 0.88. 213 institutional investors increased and opened new stock positions, while 223 sold and trimmed positions in Marathon Oil Corp so the sentiment is better. These funds own 647.65 million shares, that’s down from 664.17 million shares in 2017Q4. Funds holding Marathon Oil Corp in top 10 changed to 5 from 4 for an increase of 1. 29 Investors Sold All; 194 Reduced Holdings; 147 increased stakes while 66 institutional investors bought stakes.

Most Marathon Oil Corp Shareholders

Encompass Capital Advisors Llc owns 1.85 million shares in Marathon Oil Corp as of 2018 Q1. As of 2018 Q1, 1.22 million shares of Marathon Oil Corp are owned by Sir Capital Management L.P.. In addition, F&V Capital Management Llc reported 312,620 shares in Marathon Oil Corp equivalent to 2.75% of its US long stock exposure. Mitchell Group Inc revealed 864,280 shares position in Marathon Oil Corp. The California-based fund Hotchkis & Wiley Capital Management Llc holds 38.94 million shares or 2.49% of their US long stock exposure.

Marathon Oil Corporation operates as an energy company.The firm is valued at $18.03 billion. It operates through three divisions: North America E&P, International E&P, and Oil Sands Mining.Last it reported negative earnings. The North America E&P segment develops, explores for, produces, and markets crude oil and condensate, natural gas liquids , and natural gas in North America.

The stock increased 1.93% or $0.4 during the last trading session, touching $21.13.Currently Marathon Oil Corporation is uptrending after 53.41% change in last June 27, 2017. MRO has 5.16M shares volume. MRO outperformed by 40.84% the S&P500.

On August, 1 is anticipated Marathon Oil Corporation (NYSE:MRO)’s earnings report, according to RTT. Analysts forecast 166.67 % diference or $0.16 from the $-0.24 EPS from 2017. This could reach $136.51M profit for MRO assuming the current $0.16 earnings per share will become reality. -11.11 % negative EPS growth is what analysts predict. $0.18 earnings per share was published for last quarter.

Cubist Systematic Strategies Lc owns 16,618 shs. Gulf Bank & Trust (Uk) Ltd stated it has 0.05% of its capital in Marathon Oil Corporation (NYSE:MRO). Benjamin F Edwards And Inc has 5,803 shs. Illinois-based Envestnet Asset Mgmt has invested 0% in Marathon Oil Corporation (NYSE:MRO). Carroll Fincl, North Carolina-based fund reported 444 shs. Asset Inc accumulated 61,900 shs. Hancock Holdg Com holds 0.62% or 861,709 shs. 34,063 are owned by Town Country Retail Bank Dba First Bankers. Pictet Asset Mngmt Limited holds 0.02% or 480,420 shs in its capital. Advisory Network Limited Liability Corporation holds 0.04% or 31,661 shs in its capital. Wellington Management Gru Ltd Liability Partnership reported 6.08M shs. Westwood Grp stated it has 17,524 shs or 0% of all its holdings. Parkside Bancshares Tru invested 0% of its capital in Marathon Oil Corporation (NYSE:MRO). Exxonmobil Investment Mgmt Inc Tx, Texas-based fund reported 130,075 shs. Pub Employees Retirement Of Ohio has 0.03% invested in Marathon Oil Corporation (NYSE:MRO).

Marathon Oil Corporation had 3 sales and 0 buys since May 7, 2018. This’s net activity of $10.21 million. On Monday, May 7 Little Thomas Mitchell sold $423,357 worth of Marathon Oil Corporation (NYSE:MRO) or 21,286 shs. On Wednesday, May 16 WAGNER PATRICK had sold 53,333 shs worth $1.13 million.

Marathon Oil Corporation (NYSE:MRO) Ratings Coverage

In total 14 analysts cover Marathon Oil (NYSE:MRO). “Buy” rating has 7, “Sell” are 0, while 7 are “Hold”. 50% are bullish. With $27 highest and $16 lowest PT Marathon Oil has $21.07 average PT or -0.28% below the current ($21.13) price. 19 are the (NYSE:MRO)’s analyst reports since January 4, 2018 according to StockzIntelligence Inc. On Monday, April 23 Stifel Nicolaus maintained the shares of MRO in report with “Hold” rating. The company rating was upgraded by Tudor Pickering on Friday, June 8. On Monday, January 29 the stock of Marathon Oil Corporation (NYSE:MRO) earned “Hold” rating by Stifel Nicolaus. In Tuesday, February 6 report Stephens maintained it with “Hold” rating and $20.0 target. The company rating was maintained by BMO Capital Markets on Monday, February 26. In Monday, March 26 report J.P. Morgan upgraded the stock to “Buy” rating. On Thursday, April 19 the rating was maintained by Susquehanna with “Buy”. The stock rating was maintained by Piper Jaffray with “Buy” on Tuesday, January 23. In Friday, April 13 report RBC Capital Markets maintained the stock with “Hold” rating. On Thursday, January 4 the company was upgraded by Bank of America.

A couple more Marathon Oil Corporation (NYSE:MRO) news were released by: Streetinsider.com which released on June 25, 2018 “Marathon Oil (MRO) Announces Zach Dailey as New CEO; Appoints Guy Baber as VP of IR”, also Benzinga.com on June 26, 2018 released “How EVs Are Forcing A Relationship Change Between OEMs, Energy Suppliers, Governments”, the next Seekingalpha.com is “Marathon Oil Is Bakken Into Oil Profits” on June 11, 2018. Bizjournals.com has article titled “See which Houston public cos. were the biggest winners, losers for job growth since 2009”.

Marathon Oil Corporation (NYSE:MRO) Institutional Investors Chart

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