What To Expect From Marathon Oil Corp Q2 2024 Earnings
MRODelisted Stock | USD 28.55 0.56 1.92% |
About 61% of Marathon Oil's investor base is looking to short. The analysis of overall sentiment of trading Marathon Oil stock suggests that many investors are alarmed at this time. Marathon Oil's investing sentiment overview a quick insight into current market opportunities from investing in Marathon Oil. Many technical investors use Marathon Oil stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Marathon |
Marathon Oil Corp is set to release its Q2 2024 earnings on Aug 7, 2024. The consensus estimate for Q2 2024 revenue is 1.69 billion, and the earnings are
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Marathon Oil Fundamental Analysis
We analyze Marathon Oil's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Marathon Oil using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Marathon Oil based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Target Price
Target Price Comparative Analysis
Marathon Oil is currently under evaluation in target price category among its peers.
Marathon Oil Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Marathon Oil stock to make a market-neutral strategy. Peer analysis of Marathon Oil could also be used in its relative valuation, which is a method of valuing Marathon Oil by comparing valuation metrics with similar companies.
Peers
Marathon Oil Related Equities
COP | ConocoPhillips | 0.88 | ||||
FANG | Diamondback Energy | 0.79 | ||||
OXY | Occidental Petroleum | 0.52 | ||||
PR | Permian Resources | 0.45 | ||||
DVN | Devon Energy | 0.29 | ||||
HES | Hess | 0.29 | ||||
CTRA | Coterra Energy | 0.15 | ||||
EOG | EOG Resources | 0.13 |
Check out Marathon Oil Hype Analysis, Marathon Oil Correlation and Marathon Oil Performance. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Other Consideration for investing in Marathon Stock
If you are still planning to invest in Marathon Oil check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Marathon Oil's history and understand the potential risks before investing.
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