Marathon Oil Corp (MRO): Today's Featured Basic Materials Winner
(
) pushed the Basic Materials sector higher today making it today's featured basic materials winner. The sector as a whole closed the day up 0.4%. By the end of trading, Marathon Oil rose 41 cents (1.6%) to $25.29 on average volume. Throughout the day, eight million shares of Marathon Oil exchanged hands as compared to its average daily volume of 6.7 million shares. The stock ranged in a price between $24.80-$25.44 after having opened the day at $24.80 as compared to the previous trading day's close of $24.88. Other companies within the Basic Materials sector that increased today were:
China Shen Zhou Mining & Resources
(
), up 21.2%,
(
), up 17.5%,
(
), up 15.2%, and
(
), up 10.1%.
Marathon Oil Corporation operates as an energy company worldwide. The company operates in three segments: Exploration and Production, Oil Sands Mining, and Integrated Gas. Marathon Oil has a market cap of $17.29 billion and is part of the
industry. The company has a P/E ratio of 10.5, above the average energy industry P/E ratio of 7.4 and below the S&P 500 P/E ratio of 17.7. Shares are down 15% year to date as of the close of trading on Thursday. Currently there are six analysts that rate Marathon Oil a buy, no analysts rate it a sell, and nine rate it a hold.
TheStreet Ratings rates Marathon Oil as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and a generally disappointing performance in the stock itself.
- You can view the full Marathon Oil Ratings Report.
On the negative front,
(
), down 14.1%,
(
), down 9.8%,
(
), down 6.3%, and
(
), down 5.3%, were all losers within the basic materials sector with
(
) being today's basic materials sector loser.
- Use our basic materials section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the basic materials sector could consider
(
) while those bearish on the basic materials sector could consider
ProShares Short Basic Materials Fd
(
).
- Find other investment ideas from our top rated ETFs lists.
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