Marathon Oil Corp
MRO:NYSE
| Last | Change / % Change | Dividend Yield | Volume |
| 29.30 | 0.47 1.63% | 2.08% | 3,473,851 |
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Latest News Headlines for Marathon Oil Corp
Marathon Oil (MRO) Showing Bullish Technicals With 2.08% Dividend Yield
Marathon Oil (NYSE:MRO) closed Tuesday's unsure trading session at $29.34. In the past year, the stock has hit a 52-week low of $19.13 and 52-week high of $54.33. Marathon Oil (MRO) stock has been showing support around $28.72 and resistance in the $29.80 range. Technical indicators for the stock are Bullish and S&P; gives Marathon Oil (MRO) a positive 4 STARS (out of 5) buy rating. For a hedged play on Marathon Oil (MRO), look at the Feb '12 $28.00 covered call for a net debit in the $27.00 area. That is also the break-even stock price for this trade. This covered call has a duration of 52 days, provides 7.98% downside protection and an assigned return rate of 3.70% for an annualized return rate of 26.00% (for comparison purposes only). A lower-cost hedged play for Marathon Oil (MRO) would use a longer term call option in place of the covered call stock purchase. To use this strategy look at going long the Marathon Oil (MRO) Jan '13 $15.00 call and selling the Feb '12 $28.00 call for a total debit of $12.51. The trade has a lifespan of 52 days and would provide 6.24% downside protection and an assigned return rate of 3.92% for an annualized return rate of 27% (for comparison purposes only). Marathon Oil (MRO) has a current annual dividend yield of 2.08%.
Marathon Oil (MRO) Could Fall Through $26.95 Support Level
View more recent headlinesMarathon Oil Corp (NYSE: MRO) closed Tuesday's trading session at $27.50. In the past year, the stock has hit a 52-week low of $19.13 and 52-week high of $54.33. Marathon Oil (MRO) stock has been showing support around $26.95 and resistance in the $27.93 range. Technical indicators for the stock are Bullish and S&P; gives Marathon Oil (MRO) a positive 4 STARS (out of 5) buy rating. For a hedged play on Marathon Oil (MRO), look at the Apr '12 $27.00 covered call for a net debit in the $24.79 area. That is also the break-even stock price for this trade. This covered call has a duration of 122 days, provides 9.85% downside protection and an assigned return rate of 8.91% for an annualized return rate of 26.67% (for comparison purposes only). A lower-cost hedged play for Marathon Oil (MRO) would use a longer term call option in place of the covered call stock purchase. To use this strategy look at going long the Marathon Oil (MRO) Jan '13 $15.00 call and selling the Apr '12 $27.00 call for a total debit of $10.64. The trade has a lifespan of 122 days and would provide 6.76% downside protection and an assigned return rate of 12.78% for an annualized return rate of 38% (for comparison purposes only). Marathon Oil (MRO) has a current annual dividend yield of 2.19%.
Company Background
Marathon Oil Corporation (Marathon) is an integrated international energy company engaged in exploration and production; oil sands mining; integrated gas, and refining, marketing and transportation. Marathon operations consist of four operating segments: Exploration and Production (E&P;), which explores for, produces and markets liquid hydrocarbons and natural gas; Oil Sands Mining (OSM), which mines, extracts and transports bitumen from oil sands deposits in Alberta, Canada, and upgrades the bitumen to produce and market synthetic crude oil; Integrated Gas (IG), which markets and transports products manufactured from natural gas, such as liquefied natural gas (LNG) and methanol, and Refining, Marketing and Transportation (RM&T;), which refines, transports and markets crude oil and petroleum products, primarily in the Midwest, Gulf Coast and southeastern regions of the United States.
Bid/Size -- / -- | Ask/Size -- / -- |
Price Open 28.99 | Previous Close 28.83 |
Day High 29.35 | Day Low 28.89 |
52wk High/Date 54.33 / 5/2/2011 | 52wk Low/Date 19.13 / 10/4/2011 |
Beta 1.4 | Market Capitalization 20.6B |
Shares Outstanding 703.7M | Volatility Avg 44.25 |
Avg Vol(10 day) 6.0M | P/E Ratio 11.2x |
EPS(TTM) 2.61 | Yield 2.08% |
Dividend Announcement 10/26/2011 | Ex-Date 11/14/2011 |
Payable 0.15 - QRTR | Payable Date 12/12/2011 |
Date of Record 11/16/2011 | |
Last Trade as of 12/29/2011 4:03 PM ET | |
MRO Marathon Oil Corp vs. Peers
| Peers | |
|---|---|
MRO Marathon Oil Corp | 28.25% |
Exxon Mobil Corporation | 15.13% |
Chevron Corporation | 16.12% |
Occidental Petroleum Corporation | -5.35% |
Hess Corp. | -26.90% |
MRO Marathon Oil Corp | 2.05% |
Exxon Mobil Corporation | 2.23% |
Chevron Corporation | 3.06% |
Occidental Petroleum Corporation | 1.98% |
Hess Corp. | 0.71% |
MRO Marathon Oil Corp | 1.63% |
Exxon Mobil Corporation | 1.29% |
Chevron Corporation | 1.43% |
Occidental Petroleum Corporation | 0.94% |
Hess Corp. | 0.93% |