Marathon Oil Corporation (MRO) : Thursdays money flow analysis of Marathon Oil Corporation (MRO) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $26.55 million. In comparison, the inflow of money on upticks was a meager $21.63 million. The dollar value of composite uptick trades minus the downtick trades was negative $4.91 million. The uptick to downtick ratio of 0.81 in the money flow shows weakness. The uptick block trades were valued at $2.27 million. The downtick transaction value was high at $6.96 million, which denotes distribution on strength. The uptick to downtick ratio of block trades was 0.33. Hence, the net money flow in the stock was negative ($4.68 million). Marathon Oil Corporation (MRO) gained $0.03 at $15.32, a change of 0.16% over the previous days close.
The stock has recorded a 20-day Moving Average of 4.54% and the 50-Day Moving Average is 12.03%. Shares have dropped -40.60% from its 1 Year high price. On Jul 14, 2015, the shares registered one year high at $25.25 and the one year low was seen on Feb 19, 2016. The 50-Day Moving Average price is $14.04 and the 200 Day Moving Average price is recorded at $11.55.
Marathon Oil Corporation (NYSE:MRO): The stock opened at $15.55 on Thursday but the bulls could not build on the opening and the stock topped out at $15.76 for the day. The stock traded down to $15.21 during the day, due to lack of any buying support eventually closed down at $15.27 with a loss of -0.13% for the day. The stock had closed at $15.29 on the previous day. The total traded volume was 12,174,891 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.
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.