On 2016-07-28, Marathon Oil Corporation (NYSE:MRO) confirmed the dividend disbursement of $0.05 a share to shareholders as on record 2016-08-17. The firm will release dividend on 2016-09-12 while ex-dividend date is reported to be 2016-08-15.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Marathon Oil Corporation (NYSE:MRO) paid a total of $0.05 per share in dividends. This figure stood at $0.05 a share in the same period a year ago indicating a deviation of -15%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $18.666 on the stock. This figure is the average of recommendations offered by 12 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $21 and $16, respectively.
Taking the mathematical rating formula, the price for Marathon Oil Corporation (NYSE:MRO) stands at 1.46. Earnings Review Marathon Oil Corporation (NYSE:MRO) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-02. For the period ending on 2016-09-30, experts are expecting EPS of $-0.15.
Coming to the quarter ending on 2015-12-31, Marathon Oil Corporation (NYSE:MRO) recorded EPS of $-0.23. The reported numbers came lower than the analysts’ estimates of $-0.24, demonstrating a miss of $0.01 as against reported figures.
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