Shares of Marathon Oil Corporation (NYSE:MRO) saw an erosion of -0.14 points in recent session. During the trading, the value of each share was $13.28, dropping -1.04%. The shares saw high fund-flow as the composite value of all the upticks was $36.09 million and the total value of all the downticks was a mere $28.43 million. The net money flow was seen at $7.66 million and the up/down ratio was measured at 1.27. On a weekly basis the shares of the shares have recorded a change of -0.3%.The block trade which occurred today had $7.87 million in upticks and $2.38 million in downticks with the up/down ratio climbing to 3.3. $5.49 million was the net money flow of the block transaction.
Currently the company Insiders own 0.35% of Marathon Oil Corporation shares according to the proxy statements. Institutional Investors own 80.62% of Marathon Oil Corporation shares. On the companys insider trading activities, Wagner Patrick, officer (V.P.-Corporate Development) of Marathon Oil Corp, executed a transaction worth $77,000 on September 14, 2015. A total of 5,000 shares were purchased at an average price of $15.4. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.
Marathon Oil Corporation (NYSE:MRO) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.14 points or 1.04% at $13.28 with 17,032,334 shares getting traded. Post opening the session at $13.24, the shares hit an intraday low of $13.15 and an intraday high of $13.71 and the price was in this range throughout the day. The company has a market cap of $11,257 million and the number of outstanding shares have been calculated to be 847,648,270 shares. The 52-week high of Marathon Oil Corporation (NYSE:MRO) is $27.77 and the 52-week low is $6.52.
Many analysts have stated their opinion on the company shares. KLR Group initiates coverage on Marathon Oil Corporation (NYSE:MRO). The rating major has initiated the coverage with buy rating on the shares. The rating by the firm was issued on June 7, 2016.
Marathon Oil Corporation is an energy company based in Houston, Texas, with operations in North America, Europe and Africa. The Company operates in three segments: North America E&P segment, which explores for, produces and markets crude oil and condensate, NGLs and natural gas in North America; International E&P segment, which explores for, produces and markets crude oil and condensate, NGLs and natural gas outside of North America and produces and markets products manufactured from natural gas, such as LNG and methanol, in Egypt and Oil Sands Mining segment, which mines, extracts and transports bitumen from oil sands deposits in Alberta, Canada, and upgrades the bitumen to produce and market synthetic crude oil and vacuum gas oil. It has production operations in the United States, Egypt, Canada, the United Kingdom and Libya. The focus of its the United States operations is its three core unconventional resource plays, including the Eagle Ford, Bakken and Oklahoma Resource Basins.