Exxon Mobil, Marathon Oil Stocks Soar; But Is It A Warning Signal For The Economy?
The S&P 500 has struggled so far in 2022, but a combination of energy shortages, booming reopening demand, inflation and geopolitical unrest has oil prices trading at multi-year highs.
Looking Into Marathon Oil Corporation’s Recent Short Interest
Marathon Oil Corporation's (NYSE:MRO) short percent of float has risen 7.17% since its last report. The company recently reported that it has 24.33 million shares sold short, which is 3.14% of all regular shares that are available for trading.
How Is The Market Feeling About Marathon Oil Corporation?
Marathon Oil Corporation's (NYSE:MRO) short percent of float has risen 4.64% since its last report. The company recently reported that it has 22.70 million shares sold short, which is 2.93% of all regular shares that are available for trading.
Piper Sandler Upgrades Marathon Oil After Strong Management Message
Marathon Oil Corporation (NYSE: MRO) expects to return up to $3.1 billion to shareholders in 2022, which equates to around 20% of its shares outstanding, according to Piper Sandler.
Raymond James Maintains Strong Buy on Marathon Oil, Raises Price Target to $31
Raymond James analyst John Freeman maintains Marathon Oil (NYSE:MRO) with a Strong Buy and raises the price target from $27 to $31.
Marathon Oil Continues To Power Higher After Breaking Out: What’s Next?
Marathon Oil Corp. (NYSE: MRO) shares are trading higher Thursday after the company reported better-than-expected Q4 EPS results.
The company reported earnings of 77 cents per share, beating the estimate by 22 cents. Sales came in at $1.80 billion, beating the $1.55 billion estimate.
Mid-Morning Market Update: Markets Open Lower; Walmart Earnings Top Views
US stocks opened on a downbeat note on Thursday following the release of several economic reports.
Recap: Marathon Oil Q4 Earnings
Marathon Oil (NYSE:MRO) reported its Q4 earnings results on Wednesday, February 16, 2022 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Marathon Oil beat estimated earnings by 40.0%, reporting an EPS of $0.77 versus an estimate of $0.55.
Earnings Scheduled For February 16, 2022
Companies Reporting Before The Bell
• Wix.com (NASDAQ:WIX) is projected to report quarterly loss at $0.38 per share on revenue of $331.16 million.