Shares of Marathon Oil Corp. MRO, +0.57% inched 0.57% higher to $24.66 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +1.03% rising 1.03% to 5,157.36 and the Dow Jones Industrial Average DJIA, +0.34% rising 0.34% to 38,791.35.
This was the stock’s second consecutive day of gains.
Marathon Oil Corp. closed $4.90 below its 52-week high ($29.56), which the company achieved on October 19th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Exxon Mobil Corp. XOM, +0.56% rose 0.56% to $107.37 and Chevron Corp. CVX, +0.70% rose 0.70% to $149.37.
Trading volume (7.7 M) remained 1.9 million below its 50-day average volume of 9.6 M.