Notable Dividend Flow: Marathon Oil Corporation (NYSE:MRO) expected to pay $0.05 on Dec 12, 2016

Notable Dividend Flow:   Marathon Oil Corporation (NYSE:MRO) expected to pay $0.05 on Dec 12, 2016

Marathon Oil Corporation (NYSE:MRO) is expected to pay $0.05 on Dec 12, 2016. The indicated annual dividend is $0.20. Shareholders owning the stock before Nov 14, 2016 will be eligible to receive the payout. Based on Marathon Oil Corporation’s current price of $14.89, the dividend is 0.34%. This dividend’s record date is Nov 16, 2016 and the announcement date is Oct 27, 2016. The stock decreased 1.65% or $0.25 on November 11, hitting $14.89. About 13.64M shares traded hands. Marathon Oil Corporation (NYSE:MRO) has risen 13.49% since April 12, 2016 and is uptrending. It has outperformed by 8.51% the S&P500.

Marathon Oil Corporation is an exploration and production firm with activities in North America, Europe and Africa. The company has a market cap of $12.41 billion. The Firm operates through three divisions: North America E&P , International E&P (Int’l E&P), and Oil Sands Mining (OSM).

Insitutional Activity: The institutional sentiment decreased to 1.09 in Q2 2016. Its down 0.29, from 1.38 in 2016Q1. The ratio fall, as 64 funds sold all Marathon Oil Corporation shares owned while 174 reduced positions. 57 funds bought stakes while 202 increased positions. They now own 670.09 million shares or 0.20% less from 671.42 million shares in 2016Q1.
Verition Fund Management Limited Liability Co holds 13,229 shares or 0.03% of its portfolio. The Japan-based Nomura Asset Mngmt Ltd has invested 0.05% in Marathon Oil Corporation (NYSE:MRO). Cornerstone Cap Holdg Limited Co has invested 0.04% of its portfolio in Marathon Oil Corporation (NYSE:MRO). Sandy Spring Financial Bank has 800 shares for 0% of their US portfolio. Tiaa Cref Management Limited has invested 0.03% of its portfolio in Marathon Oil Corporation (NYSE:MRO). Tdam Usa Inc holds 0.01% or 18,695 shares in its portfolio. Sentinel Tru Com Lba, a Texas-based fund reported 43,506 shares. Guggenheim Cap Ltd Limited Liability Company accumulated 3.40 million shares or 0.16% of the stock. Moreover, Gulf Int Bankshares (Uk) Limited has 0.06% invested in Marathon Oil Corporation (NYSE:MRO) for 257,345 shares. Moreover, Fmr Ltd Liability Co has 0.04% invested in Marathon Oil Corporation (NYSE:MRO) for 17.57M shares. Sprott Incorporated has invested 0.01% of its portfolio in Marathon Oil Corporation (NYSE:MRO). Comerica State Bank has invested 0.04% of its portfolio in Marathon Oil Corporation (NYSE:MRO). Flossbach Von Storch Ag, a Germany-based fund reported 540,000 shares. First Personal Services holds 0% or 930 shares in its portfolio. Omers Administration last reported 234,400 shares in the company.

Marathon Oil Corporation (NYSE:MRO) Ratings Coverage

Out of 21 analysts covering Marathon Oil Corporation (NYSE:MRO), 8 rate it a “Buy”, 1 “Sell”, while 12 “Hold”. This means 38% are positive. $25 is the highest target while $9 is the lowest. The $16.80 average target is 12.83% above today’s ($14.89) stock price. Marathon Oil Corporation has been the topic of 42 analyst reports since July 21, 2015 according to StockzIntelligence Inc. RBC Capital Markets maintained the shares of MRO in a report on Friday, July 8 with “Sector Perform” rating. Argus Research downgraded the shares of MRO in a report on Friday, December 11 to “Hold” rating. KLR Group initiated the shares of MRO in a report on Tuesday, June 7 with “Buy” rating. The company was downgraded on Wednesday, January 27 by Atlantic Securities. The stock has “Buy” rating given by Seaport Global on Wednesday, March 30. The firm has “Overweight” rating given on Tuesday, June 21 by Capital One. The rating was downgraded by Bank of America to “Buy” on Monday, August 24. The company was upgraded on Tuesday, May 31 by Simmons & Co. The rating was downgraded by Seaport Global to “Neutral” on Tuesday, August 30. The firm has “Equal-Weight” rating given on Tuesday, June 21 by Morgan Stanley.

More news for Marathon Oil Corporation (NYSE:MRO) were recently published by: Fool.com, which released: “Marathon Oil Corporation Stock Jumps on Strong Earnings and Outlook” on November 03, 2016. Nasdaq.com‘s article titled: “Marathon Oil Corporation (MRO) Ex-Dividend Date Scheduled for November 14, 2016” and published on November 11, 2016 is yet another important article.

MRO Company Profile

Marathon Oil Corporation, incorporated on May 30, 2001, is an exploration and production firm with activities in North America, Europe and Africa. The Firm operates through three divisions: North America E&P segment, which explores for, produces and markets crude oil and condensate, natural gas liquids (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 liquefied natural gas (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.

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