Marathon Oil (NYSE:MRO) is set to announce its earnings results after the market closes on Wednesday, August 7th. Analysts expect the company to announce earnings of $0.18 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.
Marathon Oil stock opened at $12.50 on Tuesday. The firm’s fifty day moving average is $13.74. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.45 and a current ratio of 1.49. Marathon Oil has a 12 month low of $12.46 and a 12 month high of $24.20. The stock has a market cap of $10.59 billion, a PE ratio of 17.61, a P/E/G ratio of 2.77 and a beta of 2.25.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 10th. Stockholders of record on Wednesday, August 21st will be issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 1.60%. The ex-dividend date is Tuesday, August 20th. Marathon Oil’s dividend payout ratio is currently 28.17%.
Marathon Oil Company Profile
Marathon Oil Corporation operates as an energy company in the United States, Equatorial Guinea, the United Kingdom, and Libya. It operates in two segments, United States and International. The company engages in the exploration, production, and marketing of crude oil and condensate, natural gas liquids, and natural gas; and the production and marketing of products manufactured from natural gas, such as liquefied natural gas and methanol.
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