Marathon Oil Corporation is a Marathon is an independent exploration and production company primarily focusing on unconventional resources in the United States. At the end of 2019, the company reported net proved reserves of 1.
Among the biggest risers on the S&P 500 on Tuesday January 19 was Marathon Oil Corporation ($MRO), popping some 3.88% to a price of $8.57 a share with some 26.1 million shares trading hands.
Starting the day trading at $8.48, Marathon Oil Corporation reached an intraday high of $8.65 and hit intraday lows of $8.35. Shares gained $0.32 apiece by day’s end. Over the last 90 days, the stock’s average daily volume has been n/a of its 789.39 million share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day SMA at $n/a with a 52-week range of $3.02 to $13.47.
Marathon is an independent exploration and production company primarily focusing on unconventional resources in the United States. At the end of 2019, the company reported net proved reserves of 1.2 billion barrels of oil equivalent. Net production averaged 415 thousand barrels of oil equivalent per day in 2019 at a ratio of 68% oil and NGLs and 32% natural gas.
Marathon Oil Corporation has its corporate headquarters located in Houston, TX and employs 2,000 people. Its market cap has now risen to $6.77 billion after today’s trading, its P/E ratio is now n/a, its P/S n/a, P/B 0.6, and P/FCF n/a.