Marathon Oil Stock Price on September 3, 2024
| MRO Stock | USD 28.55 0.37 1.28% |
Below is the normalized historical share price chart for Marathon Oil extending back to January 02, 1962. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Marathon Oil stands at 28.55, as last reported on the 22nd of November, with the highest price reaching 29.37 and the lowest price hitting 28.43 during the day.
If you're considering investing in Marathon Stock, it is important to understand the factors that can impact its price. As of now, Marathon Stock is very steady. Marathon Oil has Sharpe Ratio of 0.0105, which conveys that the firm had a 0.0105% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Marathon Oil, which you can use to evaluate the volatility of the firm. Please verify Marathon Oil's Downside Deviation of 1.6, risk adjusted performance of 0.0434, and Mean Deviation of 1.26 to check out if the risk estimate we provide is consistent with the expected return of 0.0186%.
At this time, Marathon Oil's Total Stockholder Equity is very stable compared to the past year. As of the 22nd of November 2024, Common Stock Shares Outstanding is likely to grow to about 780.2 M, though Other Stockholder Equity is likely to grow to (1.7 B). . At this time, Marathon Oil's Price To Sales Ratio is very stable compared to the past year. As of the 22nd of November 2024, Price Earnings Ratio is likely to grow to 9.91, while Price Book Value Ratio is likely to drop 1.26. Marathon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of January 1970 | 200 Day MA 27.16 | 50 Day MA 27.4606 | Beta 2.161 |
Marathon |
Sharpe Ratio = 0.0105
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| Negative Returns | MRO |
Estimated Market Risk
| 1.77 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Marathon Oil is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Marathon Oil by adding Marathon Oil to a well-diversified portfolio.
Price Book 1.4065 | Enterprise Value Ebitda 4.7265 | Price Sales 2.4658 | Shares Float 556.8 M | Dividend Share 0.44 |
Marathon Oil Valuation on September 3, 2024
It is possible to determine the worth of Marathon Oil on a given historical date. On September 3, 2024 Marathon was worth 28.01 at the beginning of the trading date compared to the closed value of 27.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Marathon Oil stock. Still, in general, we apply an absolute valuation method to find Marathon Oil's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Marathon Oil where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Marathon Oil's related companies.
| Open | High | Low | Close | Volume | |
| 28.37 | 28.63 | 28.22 | 28.54 | 7,338,700 | |
09/03/2024 | 28.01 | 28.09 | 27.39 | 27.60 | 7,215,900 |
| 27.78 | 27.97 | 27.22 | 27.25 | 6,541,300 |
| Backtest Marathon Oil | | | Marathon Oil History | | | Marathon Oil Valuation | Previous | Next |
Marathon Oil Trading Date Momentum on September 3, 2024
| On September 04 2024 Marathon Oil was traded for 27.25 at the closing time. Highest Marathon Oil's price during the trading hours was 27.97 and the lowest price during the day was 27.22 . The net volume was 6.5 M. The overall trading history on the 4th of September contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 1.27% . The trading delta at closing time to current price is 5.69% . |
Marathon Oil Fundamentals Correlations and Trends
By evaluating Marathon Oil's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Marathon Oil's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Marathon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Marathon Oil Stock history
Marathon Oil investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Marathon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Marathon Oil will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Marathon Oil stock prices may prove useful in developing a viable investing in Marathon Oil
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 608 M | 780.2 M | |
| Net Income Applicable To Common Shares | 3.3 B | 3.4 B |
Marathon Oil Stock Technical Analysis
Marathon Oil technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Marathon Oil Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Marathon Oil cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Marathon Oil November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Marathon Oil stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Marathon Oil shares will generate the highest return on investment. By undertsting and applying Marathon Oil stock market strength indicators, traders can identify Marathon Oil entry and exit signals to maximize returns
Marathon Oil Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Marathon Oil's price direction in advance. Along with the technical and fundamental analysis of Marathon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Marathon to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0434 | |||
| Jensen Alpha | 0.0248 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1257 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Marathon Oil. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Marathon Stock, please use our How to Invest in Marathon Oil guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Marathon Oil. If investors know Marathon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Marathon Oil listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.32) | Dividend Share 0.44 | Earnings Share 2.32 | Revenue Per Share 11.445 | Quarterly Revenue Growth (0.02) |
The market value of Marathon Oil is measured differently than its book value, which is the value of Marathon that is recorded on the company's balance sheet. Investors also form their own opinion of Marathon Oil's value that differs from its market value or its book value, called intrinsic value, which is Marathon Oil's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Marathon Oil's market value can be influenced by many factors that don't directly affect Marathon Oil's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Marathon Oil's value and its price as these two are different measures arrived at by different means. Investors typically determine if Marathon Oil is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Marathon Oil's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.