Large Outflow of Money Witnessed in Marathon Oil Corporation

Marathon Oil Corporation (MRO) : The total money flow in Marathon Oil Corporation (MRO) was negative ($3.89 million), which signals selling by the traders on Wednesdays session. They trimmed their holdings by selling the stock on downticks to the tune of $61.7 million. In comparison, the inflow of money into the stock on upticks was $57.81 million. The uptick to downtick ratio was 0.94. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $15.61 million. The value of transactions on uptick was $9.83 million. The negative money flow of ($5.78 million) confirms the selling in Marathon Oil Corporation (MRO) on strength. The uptick to downtick ratio of block trades was 0.63. Marathon Oil Corporation (MRO) gained $1.15 at $15.21, a gain of 8.18% over the previous days close. However, the stock registered 4.97% in the week.


Shares of Marathon Oil Corporation appreciated by 3.62% during the last five trading days but lost 5.07% on a 4-week basis. Marathon Oil Corporation is up 0.61% in the last 3-month period. Year-to-Date the stock performance stands at 22.34%.

Marathon Oil Corporation (MRO) : Zacks Investment Research ranks Marathon Oil Corporation (MRO) as 3, which is a Hold recommendation. 9 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 5 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 14 research analysts is 1.71, which indicates as a Buy.

Marathon Oil Corporation (NYSE:MRO): The stock opened at $14.21 and touched an intraday high of $15.235 on Wednesday. During the day, the stock corrected to an intraday low of $13.8448, however, the bulls stepped in and pushed the price higher to close in the green at $15.18 with a gain of 7.97% for the day. The total traded volume for the day was 30,978,404. The stock had closed at $14.06 in the previous trading session.

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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