Shares of Marathon Oil Corporation (NYSE:MRO) Sees Large Outflow of Money

Marathon Oil Corporation (NYSE:MRO) traded on a positive note gaining 0.63 points or 4.35% to be valued at $15.11 per share. Intraday, the shares aggregated $73.34 million in upticks but saw an exodus of $79.07 million in downticks. The net money flow was calculated to be $(-5.73) million with the final up/down ratio coming in at 0.93. The share price has seen a change of 14.82% in value during the week. Block trade of up/down ratio of 0.73 was also registered with $15.57 million in upticks and $21.35 million in downticks. The net money flow for the block exchange was disappointing at $(-5.78) Million.


The stock has recorded a 20-day Moving Average of 11.99% and the 50-Day Moving Average is 14.26%. The company shares have dropped 45.58% in the past 52 Weeks. On June 26, 2015 The shares registered one year high of $27.77 and one year low was seen on February 19, 2016 at $6.52. The 50-day moving average is $13.05 and the 200 day moving average is recorded at $11.46. S&P 500 has rallied 1.93% during the last 52-weeks.

Marathon Oil Corporation (NYSE:MRO): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $14.74 and $14.20 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $15.18. The buying momentum continued till the end and the stock did not give up its gains. It closed at $15.09, notching a gain of 4.21% for the day. The total traded volume was 34,467,357 . The stock had closed at $14.48 on the previous day.

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, The Securities and Exchange Commission has divulged in a Form 4 filing that the officer (V.P.-Corporate Development) of Marathon Oil Corp, Wagner Patrick had purchased shares worth of $77,000 in a transaction dated on September 14, 2015. A total of 5,000 shares were purchased at a price of $15.4 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

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.

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