Saturday, 26 September 2015

Gilda sells MRO 15.75: While oil companies dodged a higher cost of capital today, the Fed still may hike interest rates next month.

From an initial standpoint, we're looking at a negatively impacted top line, as revenue last quarter was at a measly $1.59 billion compared to prior quarters. Marathon Oil isn't likely to see a recovery any time soon because of growing debt, a rising cost of capital, and weak cash flow. A sector downtrend takes patience and a lack of bias in order to effectively catch its bottom. Marathon has seen a nice run up in its stock price in the last month, but I personally don't believe it's justified. Growing debt, negative cash flow, and a weak operating environment are all heavy concerns for this company moving forward.


Johnie:
Finally, Deutsche Bank restated a buy rating and issued a $25.00 price objective on shares of Marathon Oil in a report on Wednesday, September 9th.

Toya:
BMO Capital Markets reissued a hold rating and set a $25.00 price target on shares of Marathon Oil in a research report on Friday, September 4th.

Kimberlee:
Bank of America cut shares of Marathon Oil from a buy rating to a neutral rating and reduced their price target for the company from $36.00 to $20.00 in a report on Monday, August 24th.

Desiree:
Citigroup Inc. upgraded shares of Marathon Oil from a sell rating to a neutral rating and set a $27.00 price objective for the company in a report on Friday, June 26th.

Tracey:
A number of other research firms also recently weighed in on MRO.

Malisa:
This represents a $0.84 annualized dividend and a yield of 5.18%. The ex-dividend date of this dividend was Monday, August 17th.

Caitlin:
Shareholders of record on Wednesday, August 19th were paid a $0.21 dividend.

Nikki:
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th.

Taneka:
Equities analysts anticipate that Marathon Oil will post ($1.38) earnings per share for the current fiscal year.

Meri:
During the same period last year, the firm earned $0.89 earnings per share.

Marathon Oil Corp. (NYSE:MRO)
//stockhand.net/us/?q=nyse%3Amro&id=510473

No comments:

Post a Comment