Marathon Oil Corp (NYSE:MRO) Big Money Sentiment Change at 0.96

June 27, 2018 - By Joseph March

Marathon Oil Corporation (NYSE:MRO) Corporate Logo

“Big money” Positions

“Big money sentiment for Marathon Oil Corp (NYSE:MRO) in Q1 2018 increased to 0.96, revealed SEC filings. That’s up 0.08, from 2017Q4’s 0.88. 213 institutional investors opened new and increased equity positions, while 223 decreased and sold equity positions in Marathon Oil Corp so the sentiment is more positive. 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 holdings while 66 institutional investors bought holdings.

Most Marathon Oil Corp Investors

As of Q1 2018 Encompass Capital Advisors Llc has 3.64% invested in Marathon Oil Corp. As of Q1 2018, 1.22 million shares of Marathon Oil Corp are owned by Sir Capital Management L.P.. F&V Capital Management Llc reported 312,620 shares. The Texas-based fund Mitchell Group Inc have invested about 2.7% of the fund’s stock portfolio in Marathon Oil Corp. The California-based fund Hotchkis & Wiley Capital Management Llc looks positive on Marathon Oil Corp, owning 38.94 million shares.

Marathon Oil Corporation operates as an energy company.The company has $18.03 billion market cap. It operates through three divisions: North America E&P, International E&P, and Oil Sands Mining.Currently it has 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.

MRO reached $21.13 during the last trading session after $0.4 change.Marathon Oil Corporation has volume of 5.16M shares. Since June 27, 2017 MRO has risen 53.41% and is uptrending. MRO outperformed the S&P500 by 40.84%.

Marathon Oil Corporation (NYSE:MRO) is awaited to announce earnings on August, 1., according to Faxor. Analysts predict $0.16 EPS, which is $0.40 up or 166.67 % from 2017’s $-0.24 EPS. If reported the P/E will be 33.02 with $136.51 million profit. -11.11 % negative EPS growth is what Wall Street’s sees after $0.18 reported EPS previous quarter.

Convergence Inv Limited Liability reported 0% stake. Virginia Retirement Sys Et Al holds 288,543 shs. Motco invested in 0% or 98 shs. South Dakota Council has 0.63% invested in Marathon Oil Corporation (NYSE:MRO). D Scott Neal has invested 0% in Marathon Oil Corporation (NYSE:MRO). Parametric Port Assoc Ltd Llc has 0.04% invested in Marathon Oil Corporation (NYSE:MRO). Boulegeris Investments, a Georgia-based fund reported 66,790 shs. Shell Asset Mgmt reported 40,103 shs stake. Menta Cap Ltd Liability Corporation reported 0.19% stake. Johnson Financial Group reported 0% stake. Highland Capital Mngmt Limited Liability owns 281,532 shs. California-based Advisor Prtn has invested 0.07% in Marathon Oil Corporation (NYSE:MRO). Legal & General Gp Public Limited Com accumulated 0.06% or 4.55M shs. Banque Pictet Cie Sa has 0.01% invested in Marathon Oil Corporation (NYSE:MRO) for 24,000 shs. 28,906 were reported by Charter Trust Commerce.

Marathon Oil Corporation registered $10.21 million net activity with 0 insider purchases and 3 sales since May 7, 2018. On Monday, May 7 Shares for $423,357 were sold by Little Thomas Mitchell. $8.66M worth of stock was sold by TILLMAN LEE M on Thursday, May 17.

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”. (NYSE:MRO) has 50% bullish analysts. With $27 highest and $16 lowest target, Marathon Oil has $21.07 average target or -0.28% below the current ($21.13) price. 19 are the (NYSE:MRO)’s ratings reports on 27 Jun 2018 according to StockzIntelligence Inc. On Thursday, April 19 the firm has “Buy” rating given by Susquehanna. On Monday, February 26 the stock of Marathon Oil Corporation (NYSE:MRO) earned “Hold” rating by BMO Capital Markets. On Friday, June 8 the rating was upgraded by Tudor Pickering to “Buy”. On Monday, March 26 JP Morgan upgraded the shares of MRO in report to “Overweight” rating. On Tuesday, January 23 the rating was maintained by Piper Jaffray with “Buy”. The stock rating was maintained by Stifel Nicolaus with “Hold” on Monday, April 23. The stock rating was maintained by Susquehanna with “Buy” on Sunday, February 25. On Wednesday, January 24 the stock of Marathon Oil Corporation (NYSE:MRO) earned “Equal-Weight” rating by Morgan Stanley. On Thursday, January 4 the rating was upgraded by Bank of America to “Buy”. On Friday, April 13 the company was maintained by RBC Capital Markets.

A couple more Marathon Oil Corporation (NYSE:MRO) news were announced by: Seekingalpha.com which released on June 11, 2018 “Marathon Oil Is Bakken Into Oil Profits”, also Benzinga.com on June 26, 2018 announced “How EVs Are Forcing A Relationship Change Between OEMs, Energy Suppliers, Governments”, the next Streetinsider.com is “Marathon Oil (MRO) Announces Zach Dailey as New CEO; Appoints Guy Baber as VP of IR” on June 25, 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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