Marathon Oil Corporation (MRO) PT Raised to $13.00 at Barclays PLC

Andrew Cummings
October 22, 2017

Agilent Technologies Inc (A) has risen 25.96% since October 22, 2016 and is uptrending. It has outperformed by 18.44% the S&P500. Marathon Oil Corporation's revenue for the quarter was down 4.0% on a year-over-year basis. CGOV Asset Management now owns 13,000 shares of the oil and gas company's stock worth $875,000 after buying an additional 3,000 shares during the last quarter.

Marathon Oil Corporation is an exploration and production company. The stock increased 0.68% or $0.39 during the last trading session, reaching $57.49. The shares have accelerated in recent weeks, with their price up about 3.18% in the past three months. (The) cut Marathon Petroleum Corporation from a "buy" rating to a "neutral" rating and set a $63.00 target price for the company.in a research note on Tuesday, October 3rd. It has outperformed by 9.26% the S&P500. After having $0.72 EPS previously, Intel Corporation's analysts see 11.11% EPS growth. MPC's profit would be $612.63 million giving it 11.80 P/E if the $1.21 EPS is correct.


Now, the FactSet Research estimate calls for Q3 2017 earnings of US$1.48. State Street Corp lifted its stake in shares of Marathon Oil Corporation by 2.8% during the 2nd quarter. Zacks Investment Research's earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for Marathon Petroleum Corporation. Therefore 34% are positive. Northern Trust holds 0.03% of its portfolio in Marathon Oil Corporation (NYSE:MRO) for 10.14M shares. Northland Capital upgraded the stock to "Outperform" rating in Monday, August 31 report. The stock of Essilor International SA (EPA:EI) has "Buy" rating given on Friday, November 25 by UBS. BMO Capital Markets maintained the stock with "Hold" rating in Monday, October 16 report. RBC Capital Markets has "Top Pick" rating and $58 target. Alliancebernstein Ltd Partnership invested in 0.01% or 1.51M shares. As per Friday, July 21, the company rating was maintained by Citigroup. Captrust Advisors reported 2,866 shares. The rating was downgraded by Argus Research on Wednesday, December 14 to "Hold". As per Wednesday, December 7, the company rating was upgraded by JP Morgan. The firm earned "Market Outperform" rating on Wednesday, August 31 by Avondale. The stock now has a consensus rating of "Buy" and a consensus target price of $60.63.

Investors sentiment decreased to 0.93 in Q2 2017. The oil and gas company reported $1.03 EPS for the quarter, missing analysts' consensus estimates of $1.04 by ($0.01). It turned negative, as 55 investors sold Marathon Oil Corporation shares while 186 reduced holdings. CGOV Asset Management raised its position in Marathon Petroleum Corporation by 30.0% during the 1st quarter. Parametric Assocs Ltd Liability Com owns 160,375 shares for 0% of their portfolio. 1832 Asset Management L.P. raised its position in shares of Marathon Petroleum Corporation by 3,222.6% in the second quarter.


Marathon Oil Corporation (NYSE:MRO) continues to be a formidable company. Sumitomo Mitsui owns 0.04% invested in Marathon Oil Corporation (NYSE:MRO) for 2.38 million shares. KeyBanc Capital Markets maintained the shares of FIX in report on Wednesday, August 23 with "Hold" rating. Short shares grew 1,460,373 over that period. New York-based Highbridge Cap Mngmt Ltd has invested 0.15% in Marathon Petroleum Corp (NYSE:MPC). Neuberger Berman Grp Limited Company holds 84,060 shares or 0.01% of its portfolio. Utd Automobile Association invested in 0.02% or 681,515 shares. Pension Serv holds 497,989 shares or 0.15% of its portfolio. Creative Planning has 10,697 shares for 0% of their portfolio. Gabelli Funds Lc accumulated 457,100 shares or 0.14% of the stock. That puts total institutional holdings at 696,160,397 shares, according to SEC filings. AlphaMark Advisors LLC now owns 3,020 shares of the company's stock valued at $115,000 after buying an additional 1,500 shares in the last quarter. It also reduced Helix Energy Solutions Corp (NYSE:HLX) stake by 85,376 shares and now owns 132,724 shares.

Since January 1, 0001, it had 0 insider purchases, and 10 selling transactions for $9.30 million activity.


COPYRIGHT VIOLATION WARNING: "Analysts Anticipate Marathon Petroleum Corporation (MPC) to Announce $1.46 EPS" was first published by Week Herald and is the sole property of of Week Herald. Therefore 59% are positive. Essilor International had 38 analyst reports since July 24, 2015 according to SRatingsIntel. The business is expected to report its next quarterly earnings report before the market opens on Thursday, October 26th. On Thursday, October 19 the stock rating was maintained by Jefferies with "Hold". Macquarie Research initiated Comfort Systems USA, Inc. Mid Amer Apt Cmntys Inc (NYSE:MAA) was reduced too. Deutsche Bank maintained Intel Corporation (NASDAQ:INTC) on Monday, March 21 with "Buy" rating. The stock of Marathon Petroleum Corp (NYSE:MPC) earned "Overweight" rating by Barclays Capital on Tuesday, January 12. Stifel Nicolaus maintained it with "Hold" rating and $1100 target in Thursday, July 13 report. RBC Capital Markets maintained the stock with "Sector Perform" rating in Friday, February 19 report. The rating was maintained by Aegis Capital with "Buy" on Friday, April 7. The firm has "Neutral" rating given on Monday, September 12 by Credit Suisse. Morgan Stanley stated it has 5.66 million shares.

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