NEW YORK (TheStreet) -- Marathon Oil  (MRO - Get Report) stock decreased by 2.89% to $6.73 in Friday's trading session, as oil prices retreated today.

Oil prices were pressured by concerns about record high U.S. crude inventories, even though Baker Hughes (BHI) data indicated that the U.S. rig count fell to its lowest since December 2009, Reuters reports.

Crude oil (WTI) is declining by 3.28% to $29.76 per barrel, and Brent crude is down by 3.21% to $33.18 per barrel, according to the index.

Additionally, after Wednesday's market close, Marathon Oil reported a 2015 fourth quarter loss of 48 cents per share, in line with analysts' expectations.

Revenue was $1.48 billion for the quarter, above estimates for $1.17 billion.

The Houston-based energy company slashed its capital spending program by more than 50% to $1.4 billion from last year, as oil prices have plummeted about 70% from mid-2014 highs.  

Separately, TheStreet Ratings team rates the stock as a "sell" with a ratings score of D+.

Marathon Oil's weaknesses include its deteriorating net income, disappointing return on equity, weak operating cash flow, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share.

You can view the full analysis from the report here: MRO

TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author.

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