Marathon Oil Co. (NYSE:MRO) has been given a “BBB” credit rating by Morningstar. The investment research firm’s “BBB” rating suggests that the company is a moderate default risk. They also gave their stock a five star rating.

Other equities research analysts also recently issued research reports about the company. BMO Capital Markets lowered their price objective on Marathon Oil from $25.00 to $22.00 in a research report on Wednesday, October 7th. Jefferies Group lowered their price target on Marathon Oil to $16.00 in a research report on Tuesday, January 12th. Nomura restated a “buy” rating on shares of Marathon Oil in a research report on Tuesday, November 10th. Zacks Investment Research upgraded Marathon Oil from a “hold” rating to a “buy” rating and set a $21.00 price target on the stock in a research report on Tuesday, November 3rd. Finally, Vetr upgraded Marathon Oil from a “hold” rating to a “buy” rating and set a $19.96 price target on the stock in a research report on Monday, October 12th. Two analysts have rated the stock with a sell rating, fifteen have given a hold rating, five have given a buy rating and two have given a strong buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $21.39.

Marathon Oil (NYSE:MRO) opened at 9.73 on Friday. The stock’s market capitalization is $6.59 billion. Marathon Oil has a 12-month low of $7.08 and a 12-month high of $31.53. The stock’s 50 day moving average is $11.09 and its 200 day moving average is $16.34.

Marathon Oil (NYSE:MRO) last announced its earnings results on Wednesday, November 4th. The company reported ($0.20) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.40) by $0.20. The business had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.38 billion. During the same quarter in the prior year, the company posted $0.57 earnings per share. The firm’s quarterly revenue was down 55.5% compared to the same quarter last year. Equities analysts predict that Marathon Oil will post ($1.28) earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 10th. Stockholders of record on Wednesday, February 17th will be given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 2.06%. The ex-dividend date is Friday, February 12th.

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.

12 Month Chart for NYSE:MRO

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