Marathon Oil (MRO) Stock Forecast for 2023 – 2026. Sell or Buy Prediction

Marathon Oil (MRO) Stock Forecast for 2023 – 2026. Sell or Buy?

Last update: September 23, 2023 (05:27)

Sector: Energy

The share price of Marathon Oil Corp. (MRO) now

What analysts predict: $32.95
52-week High/Low: $32.93 / $20.4

50/200 Day Moving Average: $25.89 / $25.23

This figure corresponds to the Average Price over the previous 50/200 days. For Marathon Oil stocks, the 50-day moving average is the support level today.

For Marathon Oil stocks, the 200-day moving average is the support level today.

Are you interested in Marathon Oil Corp. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Marathon Oil stock price in 2023, 2024, 2025, 2026, 2027. How much will one Marathon Oil share be worth in 2023 - 2027?

When should I take profit in Marathon Oil stock? When should I record a loss on Marathon Oil stock? What are analysts' forecasts for Marathon Oil stock? What is the future of Marathon Oil stock? We forecast Marathon Oil stock performance using neural networks based on historical data on Marathon Oil stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Marathon Oil stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2023, 2024, 2025, 2026 and 2027) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Marathon Oil shares. This happens once a day.




Historical and forecast chart of Marathon Oil stock

The chart below shows the historical price of Marathon Oil stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Marathon Oil stock price can be found in the table below.

Long-term forecasts by years.

Marathon Oil daily forecast for a month

Date Target Pes. Opt. Vol., %
Sep 25 27.32 27.12 27.56 1.63
Sep 26 27.68 27.49 28.35 3.12
Sep 27 26.91 26.53 27.38 3.21
Sep 28 26.76 26.56 27.26 2.63
Sep 29 26.55 26.03 26.91 3.37
Sep 30 27.30 26.61 27.90 4.84
Oct 01 27.74 27.13 28.22 4.01
Oct 02 27.89 27.61 28.55 3.40
Oct 03 27.89 27.34 28.62 4.68
Oct 04 27.87 27.51 28.54 3.75
Oct 05 28.19 27.70 28.64 3.39
Oct 06 28.74 28.46 29.33 3.07
Oct 07 28.66 28.03 29.32 4.59
Oct 08 29.03 28.68 29.26 2.00
Oct 09 29.94 29.16 30.37 4.17
Oct 10 30.42 29.74 31.15 4.76
Oct 11 30.12 29.34 30.74 4.78
Oct 12 30.10 29.74 30.84 3.67
Oct 13 30.13 29.43 30.35 3.11
Oct 14 29.74 29.29 29.97 2.31
Oct 15 29.67 29.48 30.42 3.19
Oct 16 30.08 29.40 30.81 4.79
Oct 17 30.03 29.23 30.50 4.34
Oct 18 30.41 30.10 31.10 3.33
Oct 19 30.27 29.78 30.84 3.56
Oct 20 29.79 29.34 30.39 3.59
Oct 21 28.81 28.49 29.11 2.20
Oct 22 28.34 27.60 28.59 3.59
Oct 23 27.43 26.78 27.99 4.49
Oct 24 26.93 26.50 27.54 3.92

Marathon Oil Daily Price Targets


Marathon Oil Stock Forecast 09-25-2023.

Forecast target price for 09-25-2023: $27.32.
Positive dynamics for Marathon Oil shares will prevail with possible volatility of 1.603%.
Pessimistic target level: 27.12
Optimistic target level: 27.56

Marathon Oil Stock Forecast 09-26-2023.

Forecast target price for 09-26-2023: $27.68.
Positive dynamics for Marathon Oil shares will prevail with possible volatility of 3.029%.
Pessimistic target level: 27.49
Optimistic target level: 28.35

Marathon Oil Stock Forecast 09-27-2023.

Forecast target price for 09-27-2023: $26.91.
Negative dynamics for Marathon Oil shares will prevail with possible volatility of 3.114%.
Pessimistic target level: 26.53
Optimistic target level: 27.38

Marathon Oil Stock Forecast 09-28-2023.

Forecast target price for 09-28-2023: $26.76.
Negative dynamics for Marathon Oil shares will prevail with possible volatility of 2.560%.
Pessimistic target level: 26.56
Optimistic target level: 27.26

Marathon Oil Stock Forecast 09-29-2023.

Forecast target price for 09-29-2023: $26.55.
Negative dynamics for Marathon Oil shares will prevail with possible volatility of 3.256%.
Pessimistic target level: 26.03
Optimistic target level: 26.91

Marathon Oil Stock Forecast 09-30-2023.

Forecast target price for 09-30-2023: $27.30.
Positive dynamics for Marathon Oil shares will prevail with possible volatility of 4.618%.
Pessimistic target level: 26.61
Optimistic target level: 27.90

MRO (MRO) Monthly Stock Prediction for 2023

Month Target Pes. Opt. Vol., %
Oct. 30.69 29.61 32.36 8.50
Nov. 30.59 27.16 34.02 20.14
Dec. 29.22 25.85 31.51 17.95

Marathon Oil forecast for this year


Marathon Oil Stock Prediction for Oct 2023

An uptrend is forecast for this month with an optimal target price of $30.6875. Pessimistic: $29.61. Optimistic: $32.36


Marathon Oil Stock Prediction for Nov 2023

An downtrend is forecast for this month with an optimal target price of $30.5893. Pessimistic: $27.16. Optimistic: $34.02


Marathon Oil Stock Prediction for Dec 2023

An downtrend is forecast for this month with an optimal target price of $29.2189. Pessimistic: $25.85. Optimistic: $31.51



Marathon Oil (MRO) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Jan 30.20 28.36 32.52 12.78
Feb 31.84 30.16 34.65 12.94
Mar 34.95 31.04 37.97 18.26
Apr 32.66 29.94 35.27 15.11
May 31.40 29.50 32.41 8.99
Jun 29.45 26.85 32.55 17.51
Jul 26.81 25.39 27.96 9.20
Aug 28.39 27.44 29.62 7.36
Sep 27.71 25.63 29.40 12.82
Oct 32.01 29.09 34.68 16.10
Nov 32.63 29.81 34.87 14.52
Dec 33.78 32.10 37.51 14.41

Marathon Oil (MRO) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 32.59 29.41 35.35 16.81
Feb 34.83 33.60 38.28 12.23
Mar 33.88 30.52 36.32 15.97
Apr 34.10 31.21 35.57 12.27
May 35.35 31.73 39.14 18.93
Jun 31.11 27.33 33.95 19.50
Jul 29.97 26.61 31.74 16.16
Aug 30.30 27.15 32.97 17.65
Sep 33.70 30.08 34.88 13.76
Oct 35.21 33.91 39.04 13.13
Nov 40.78 35.63 44.63 20.18
Dec 38.95 36.52 40.76 10.40

Marathon Oil (MRO) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 37.27 32.86 40.79 19.44
Feb 37.75 35.51 39.92 11.04
Mar 34.97 30.83 36.37 15.23
Apr 31.39 28.43 35.11 19.03
May 31.59 28.15 33.56 16.11
Jun 35.94 31.51 39.22 19.65
Jul 40.71 36.54 44.49 17.86
Aug 45.33 42.65 48.45 11.98
Sep 50.19 44.09 52.93 16.69
Oct 52.84 48.53 59.19 18.00
Nov 57.41 52.45 62.92 16.64
Dec 53.83 49.78 58.65 15.12

Marathon Oil (MRO) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 57.10 54.09 63.40 14.70
Feb 53.36 50.45 55.40 8.94
Mar 55.23 49.67 61.68 19.48
Apr 51.52 49.38 54.98 10.19
May 50.61 48.91 53.37 8.35
Jun 54.34 49.82 59.82 16.72
Jul 59.47 52.33 65.65 20.29
Aug 58.52 51.68 61.14 15.47
Sep 61.61 59.24 68.02 12.90
Oct 60.92 58.29 67.64 13.83
Nov 65.60 61.08 68.22 10.46
Dec 65.07 56.74 72.98 22.25

Marathon Oil information and performance

Marathon Oil Corporation searches for deposits and produces fuel. The company has two divisions: United States E&P and International E&P. The first works in North America, the second – outside of it. Marathon Oil is headquartered at the Marathon Oil Tower in Houston.

At the end of 2015, Marathon Oil’s assets had two billion barrels of oil: 44% in the United States, 32% in Canada, 12% in Equatorial Guinea, 11% in Libya. In 2017, the company was ranked 1277 in Global 2000, the Forbes rating of the largest companies in the world.

The company was founded in 1887. In 1889, John Rockefeller bought Marathon Oil – until 1911 Marathon was part of his oil company. The name Marathon Oil did not appear until 1962.

Official site of the company

Marathon Oil Address

P O BOX 3128, HOUSTON, TX, US

Market Capitalization: 16 280 866 000 $

Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.

EBITDA: 4 561 000 000 $

EBITDA is earnings before interest, income tax and depreciation of assets.

PE Ratio: 8.32

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: 0.4

Price/earnings to growth

DPS: 0.39

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.0149

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: 3.23

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: -0.659
Quarterly Revenue Growth YOY: -0.317
Trailing PE: 8.32

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 5.92

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 2.649

Enterprise Value (EV) /Revenue

EV To EBITDA: 3.967

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 605687000

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

Marathon Oil (MRO) stock dividend

Marathon Oil last paid dividends on 08/15/2023. The next scheduled payment will be on 09/11/2023. The amount of dividends is $0.39 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.




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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.