Marathon Oil Corporation (MRO) Dips 4.23%

Marathon Oil Corporation (MRO) Dips 4.23%

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 S&P 500’s biggest fallers on Friday January 29 was Marathon Oil Corporation (MRO). The stock experienced a 4.23% decline to $7.24 with 23.73 million shares changing hands.

Marathon Oil Corporation started at an opening price of 7.53 and hit a high of $7.72 and a low of $7.21. Ultimately, the stock took a hit and finished the day at $0.32 per share. Marathon Oil Corporation trades an average of n/a shares a day out of a total 789.39 million shares outstanding. The current moving averages are a 50-day SMA of $n/a and a 200-day SMA of $n/a. Marathon Oil Corporation hit a high of $12.31 and a low of $3.02 over the last year.

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.

With its headquarters located in Houston, TX, Marathon Oil Corporation employs 2,000 people. After today’s trading, the company’s market cap has fallen to $5.72 billion, a P/S of n/a, a P/B of 0.53, and a P/FCF of n/a.

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