Marathon Oil Corporation (MRO) Insiders Hit the Deck

At Marathon Oil Corporation (NYSE:MRO), the ratio of insider selling to insider buying over a quarter is running at 0. Could this be a sign something is cheering insiders? MRO recorded 0 sales count on the open market in the last three months. They sold nearly zero shares while purchases amounted to 71,330 shares that period. Looking even further back to 12 months, corporate insiders offloaded 642,000 shares when buyers snapped up 533,096 shares. The 12-month’s totals signify about a 1.2-to-1 sell/buy ratio.

Little Thomas Mitchell parted with a total of 117.33 thousand shares of Marathon Oil Corporation (MRO) at average share price of $20.69. This insider trade in the company took place on 09/14/2018. The total for the sales was set at $2.43 million. After this transaction, the Executive VP – Operations account balance stood at 277.24 thousand shares. The stock lost -22.14 percent since that insider sale. On 05/17/2018, Tillman Lee M, President and CEO, sold 400 thousand shares at a price per share of $21.65. This removed 8.66 million shares from the insider’s fortune and the stock saw a -25.59 percent retreat in value since the news became public. This transaction left 708.26 thousand shares in the President and CEO account.

On 05/16/2018, Wagner Patrick performed a sale transaction worth $1.13 million. This sale at $21.2 each has eliminated 53.33 thousand shares from the insider’s portfolio position. Meanwhile, shares have recorded -24.01 percent decrease since the transaction was reported. The insider now is left with 138.2 thousand shares remaining in the account. Little Thomas Mitchell, who performs the Executive VP – Operations job, sold 21.29 thousand shares for $423.38 thousand. The disposal occurred on 05/07/2018 was priced at $19.89 per share. The share price plunged -19 percent since the reporting date. Little Thomas Mitchell now left with a stake of 277.24 thousand MRO stock worth $4.47 million after the insider selling.

The 12-month median price target for Marathon Oil Corporation (MRO) assigned by the analysts stands at $21, which represents a return potential of 30.35 percent when compared to the closing price of the stock of $16.11 on Friday, January 11. The lowest price target for the stock is $14 — slightly more than -13.1 percent from MRO’s current share price. The stock will probably climb 33.89 percent over the next 12 months, according to price target estimates compiled by finviz. Meanwhile, they have set a $29-month high price target. This represents a whopping 80.01 percent increase from where shares are trading today.

On momentum oscillators front, ‘RSI’ has touched 56.42 on daily chart, which may remain a cause for concern. If the price breaks below $15.65 level on closing basis, then we may see more profit booking and the stock may show further weakness. On the flipside, hitting the $16.28 mark may result into a pull-back move towards $16.45 level. The stock is currently hovering around the first support level of $15.88. Below this, the next support is placed in the zone of $15.65. Till the time, the MRO stock trades above this level, bulls have nothing to fear.

Shares of Marathon Oil Corporation (MRO) are trading at a P/E ratio of 21.32 times earnings reported for the past 12 months. The industry MRO operates in has an average P/E of 16.71. Its P/E ratio went as low as 19.94X and as high as 26.88 over the 5-year span. Further, it is sporting a 2.33 on the Price-to-Sales ratio. Compare this with the industry average P/S of 99.8. 85.1 percent is the gross profit margin for Marathon Oil Corporation and operating margin sits at 24 percent. Along with this, the net profit margin is 11.6 percent.

On 11th of January, Marathon Oil Corporation (NYSE:MRO) shares ended lower after a volatile session. The shares dropped -0.24 points or -1.47 percent at $16.11 with a light trade volume of 10.832 million shares. After opening the session at $16.17, the shares went as high as $16.22 and as low as $15.82, the range within which the stock’s price traded throughout the day. The firm is left with a market cap of $13.6 billion and now has 843.66 million shares outstanding. Marathon Oil Corporation (MRO) stock has gained 5.09 percent of market value in 21 trading days.

MRO stock has a trailing 3-year beta of 2.34, offering the possibility of a higher rate of return, but also posing more risk. The portion of a company’s profit allocated to each outstanding share of common stock was $0.76 a share in the trailing twelve months. The stock’s value has surged 12.34 percent year to date (YTD) against a decline of -10 percent in 12 month’s time. The company’s shares still trade -33.43 percent away from its 1-year high of $24.20 and 28.16 percent up from 52-week low of $12.57. The average consensus rating on the company is 2.1, on a scale where 5 equates to a unanimous sell rating. In short, the mean analyst recommendations are calling this stock a sell.