Marathon Oil MRO underwent analysis by 9 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 3 | 2 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 1 | 1 | 1 | 0 | 0 |
| 2M Ago | 2 | 1 | 0 | 0 | 0 |
| 3M Ago | 1 | 0 | 1 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Marathon Oil, presenting an average target of $31.44, a high estimate of $36.00, and a low estimate of $25.00. Observing a downward trend, the current average is 8.2% lower than the prior average price target of $34.25.
Diving into Analyst Ratings: An In-Depth Exploration
The perception of Marathon Oil by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Roger Read | Wells Fargo | Raises | Overweight | $36.00 | $32.00 |
| Josh Silverstein | UBS | Lowers | Neutral | $27.00 | $28.00 |
| Scott Hanold | RBC Capital | Maintains | Outperform | $33.00 | - |
| Neal Dingmann | Truist Securities | Lowers | Buy | $35.00 | $38.00 |
| John Freeman | Raymond James | Lowers | Strong Buy | $32.00 | $35.00 |
| Mark Lear | Piper Sandler | Lowers | Overweight | $32.00 | $34.00 |
| Subash Chandra | Benchmark | Lowers | Buy | $25.00 | $28.00 |
| John Freeman | Raymond James | Lowers | Strong Buy | $35.00 | $45.00 |
| Josh Silverstein | UBS | Lowers | Neutral | $28.00 | $34.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Marathon Oil. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Marathon Oil compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Marathon Oil's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Marathon Oil's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Marathon Oil analyst ratings.
About Marathon Oil
Marathon is an independent exploration and production company primarily focusing on unconventional resources in the United States. At the end of 2022, the company reported net proved reserves of 1.3 billion barrels of oil equivalent. Net production averaged 343 thousand barrels of oil equivalent per day in 2022 at a ratio of 70% oil and NGLs and 30% natural gas.
Marathon Oil: Financial Performance Dissected
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Decline in Revenue: Over the 3 months period, Marathon Oil faced challenges, resulting in a decline of approximately -1.12% in revenue growth as of 31 December, 2023. This signifies a reduction in the company's top-line earnings. When compared to others in the Energy sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Marathon Oil's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 25.05%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 3.54%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 2.01%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: Marathon Oil's debt-to-equity ratio is below the industry average. With a ratio of 0.48, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Understanding the Relevance of Analyst Ratings
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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