Marathon Oil (MRO) saw a big move last session, as its shares jumped more than 8% on the day, amid huge volumes.
The count of oil rigs in the Permian registers a decline, following five consecutive weeks of increase.
In order to cope with the downward spiral in oil prices, the likes of Occidental Petroleum (OXY) and Apache (APA) slashed their dividend payouts.
Given the oil price freefall, Whiting Petroleum (WLL) instantly lowers its development activity and plans to keep a low profile until a sharp recovery is achieved in commodity price.
The count of oil rigs in the Permian increases for five consecutive weeks.
Marathon Oil (MRO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Shares of Marathon Oil (NYSE:MRO) opened today above their pivot of $3.87 and have already reached the first level of resistance at $4.10. Should the shares continue to rise, the resistance pivots of...
Investors need to pay close attention to Marathon Oil (MRO) stock based on the movements in the options market lately.
Marathon Oil (MRO) retains solid financial flexibility in 2019 with $3.9 billion of liquidity and no near-term debt maturities.
NEW YORK (AP) — The Latest on the financial markets (all times local):
Benchmarks tanked more than 7% on Monday as oil price war and coronavirus outbreak unnerved investors.
In light of the dramatic fall in commodity prices, Marathon Oil (NYSE: MRO) has announced an immediate capital spending reduction of at least $500 million relative to its previously communicated 2020 capital...
BEIJING (AP) — Asian stock markets rebounded Tuesday from record-setting declines after U.S. futures rose following President Donald Trump's announcement he would ask Congress for a tax cut and other...
NEW YORK (AP) — U.S. companies buffeted by supply chain chaos and a growing awareness of the scope of a viral outbreak are facing new threats to begin the week. The price of U.S. crude fell as much as...
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Monday:
Marathon Oil (NYSE:MRO) traded in a range yesterday that spanned from a low of $3.80 to a high of $5.00. Yesterday, the shares fell 41.3%, which took the trading range below the 3-day low of $6.78 on...
Coronavirus, Crude Oil Slump Dampen Markets
SmarTrend identified a Downtrend for Marathon Oil (NYSE:MRO) on January 23rd, 2020 at $12.17. In approximately 1 month, Marathon Oil has returned 32.21% as of today's recent price of $8.25.
Murphy Oil (MUR) is poised to benefit from its focus on high-margin liquid assets.
At a time when oil prices have declined sharply over coronavirus-led concerns, it also represents an opportunity to make a killing by acquiring good stocks at today's depressed prices.