In the last 30 or so days, the price of crude tumbled nearly 15%. Marathon Oil (MRO) reported earnings 30 days ago. Among the more active components, shares of oil and gas producers Exxon Mobil Corp. dropped 3.7%, Marathon Oil Corp. lost 5.6%, Occidental Petroleum Corp. shed 4.0% and Chevron Corp. declined 4.4%, while the stocks of oil services companies Halliburton Co. tumbled 9.9% and Schlumberger Ltd. sank 8.5%. Embattled Nikola Gets Its First Sell Rating From Wall Street, Cintas stock price target raised to $323 from $288 at Stifel Nicolaus, MACOM Technology upgraded to buy from hold at Stifel Nicolaus, FedEx upgraded to buy from hold at Stifel Nicolaus, Casella Waste Systems upgraded to buy from hold at Stifel Nicolaus, European stocks and Dow futures fall as Goldman slashes GDP view, citing lack of stimulus, Treasury yields fall after rise in jobless claims, Junk bond jitters may signal the start of a stock market capitulation, Lumentum stock price target cut to $99 from $109 at B. Riley FBR, Square upgraded to outperform from perform at Oppenheimer, U.S. jobless claims inched higher in the latest weekly count, SPI Energy stock is adding to its previous day's 3,100% rocket ride, Energy stocks knocked down by tumbling crude oil, natural gas prices, Energy stocks see broad rally as oil prices jump, S&P 500 Buybacks Slid 50% in the Second Quarter, These ‘Dividend Aristocrat’ stocks have been raising their dividends for decades, and there have been no dividend cuts during the pandemic, Pipeline Court Ruling Helps Some Oil Companies, but Big Risks Remain, 2 Oil Stocks That Could Gain and 4 That Could Struggle in a Biden Presidency, Marathon Oil upgraded to overweight from from neutral at J.P. Morgan, Melrose Industries to cut jobs, not pay dividend.
Less than two years ago, Turkey's first drillship, Faith, departed Antalya to start looking for offshore ... Oil Sands Market Services, Technologies, Future Trends, Company Profiles, Share Analysis, Global Industry Size, Growth Drivers, Regional Scope and Demand Overview 2020-2026, Marathon Oil Commences Tender Offer For Up To $500,000,000 Of Its 2.800% Senior Notes Due 2022, Most Popular Robinhood Stocks: $LYFT $MRO $MFA, Advancement: Is COVID-19 impact on the growth of Bitumen Emulsifier market, Want Exposure to the New Super-Major Gas Field Discovery in the Black Sea, Turkey? Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time.
Fundamental company data and analyst estimates provided by FactSet. Currency in USD, Trade prices are not sourced from all markets, Finance PhD Explains Stock Market in Two Words. And with a vaccine by the end of the year seeming less likely (as if it ever was), the bears are in control of the oil patch.And that's why you have to be realistic about investing in Marathon stock.
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