Marathon Oil Corporation (MRO - Free Report) was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is down 53.9% in the past one-month time frame.
The company has seen four negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
Marathon Oil currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Marathon Oil Corporation Price
Investors interested in the Oils-Energy sector may consider Enphase Energy, Inc. (ENPH - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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