Large Outflow of Money Witnessed in Marathon Oil Corporation

Marathon Oil Corporation (MRO) : The value of composite uptick trades was $38.83 million, whereas, the value of composite downtick trades was $50.13 million. The uptick to downtick ratio stood at 0.77 with a negative money flow of ($11.3) Million during Tuesdays trading session. The block trades money flow was negative ($7.86 million).The uptick to the downtick ratio of 0.44 in block trades signals that the large investors have utilized the rise in the stock to sell.The uptick transaction value stood at $6.06 million. The transaction of the trades on downticks amounted to $13.91 million, which confirms investors selling on the strength of price. Marathon Oil Corporation (MRO) gained 87 cents at $15.56, an increase of 5.92% over the previous days close.


The company Insiders own 0.35% of Marathon Oil Corporation shares according to the proxy statements. Institutional Investors own 80.66% of Marathon Oil Corporation shares. In an insider trading activity, Wagner Patrick, officer (V.P.-Corporate Development) of Marathon Oil Corp, had purchased 5,000 shares on September 14, 2015. The total value of the transaction was $77,000. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Shares of Marathon Oil Corporation rose by 5.98% in the last five trading days and 16.24% for the last 4 weeks. Marathon Oil Corporation is up 19.39% in the last 3-month period. Year-to-Date the stock performance stands at 25.3%.

Marathon Oil Corporation (NYSE:MRO): stock turned positive on Tuesday. Though the stock opened at $15.03, the bulls momentum made the stock top out at $15.73 level for the day. The stock recorded a low of $15.01 and closed the trading day at $15.6, in the green by 6.19%. The total traded volume for the day was 21,959,693. The stock had closed at $14.69 in the previous days trading.

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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