U.S. shale oil outlook darkens as by-product prices slide [Reuters]
Marathon Oil Corporation (MRO)
Last marathon oil corporation earnings: 2/12 04:30 pm
Check Earnings Report
US:NYSE Investor Relations:
marathonoil.com/investors
Company Research
Source: Reuters
U.S. shale oil outlook darkens as by-product prices slide DENVER/NEW YORK (Reuters) - U.S. shale oil drillers could scale back investment in production more quickly than previously expected this year after prices slid for what had been a lucrative by-product of their operations. Oil producers have already taken a hit from the fall in global oil and gas prices as China’s coronavirus outbreak destroys demand in the world’s second-largest economy. Benchmark U.S. crude prices CLc1 have fallen about 12 percent to date this year. Many shale producers had announced reductions in their capital expenditures even before the coronavirus outbreak due to lower oil prices in the second half of 2019. Lower spending is expected to slow the rate of shale growth, although production remains on course to reach a new record in 2020. Shale producers now face another blow to their revenues because prices for natural gas liquids (NGLs), which include propane and butane, have also fallen. NGLs had helped pro
Show less
Read more
Impact Snapshot
Event Time:
MRO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MRO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MRO alerts
High impacting Marathon Oil Corporation news events
Weekly update
A roundup of the hottest topics
MRO
News
- Oil edges up after Israel strikes Gaza, while truce talks continue [Yahoo! Finance Canada]Yahoo! Finance Canada
- Marathon Oil Co. (NYSE: MRO) had its price target lowered by analysts at Truist Financial Co. from $36.00 to $35.00. They now have a "buy" rating on the stock.MarketBeat
- Net Income Dips for Marathon Oil in Q1 [Yahoo! Finance]Yahoo! Finance
- Marathon Oil Corporation (NYSE:MRO) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Marathon Oil Co. (NYSE: MRO) had its "buy" rating re-affirmed by analysts at Benchmark Co.. They now have a $32.00 price target on the stock.MarketBeat
MRO
Earnings
- 5/1/24 - Beat
MRO
Sec Filings
- 5/2/24 - Form 10-Q
- 5/1/24 - Form 3
- 5/1/24 - Form 8-K
- MRO's page on the SEC website