Marathon Oil Corporation is a publicly traded oil and gas exploration and production company, headquartered in Houston, Texas. The current market cap of the company at the time of writing is 16.5 Billion US dollars. This can be seen from its quote value series which has been decreasing since February 1st 2023, when it was standing at a total market cap of 16.95 Billion US dollars to February 3rd 2023, when it was valued at 16.48 Billion US dollars. This decline in market capitalization could have been caused by the 4.01% drop in the stock price of MRO on February 3rd 2023, as well as a decrease in average price values for both 50-day and 200-day timespans (from 27.16 to 26.07 USD).
The overall financial situation of Marathon Oil Corporation can be determined by taking into account its Earnings Per Share (EPS) ratio which stands at 5.21 USD at the time of writing. This number combined with the company’s Price-To-Earnings (P/E) ratio of 5 indicates that Marathon Oil Corporation is performing well financially compared to other companies within its industry sector, as their P/E is below an average industry P/E ratio of 15-20x earnings. Furthermore, these numbers also indicate that the current evaluation of MRO shares are relatively low compared to their intrinsic value determined by EPS and Price-To-Earnings ratios; this fact makes MRO stocks a potentially good investment option for investors looking for long term returns from their investments
In conclusion, Marathon Oil Corporation currently holds a market capitalization of 16 Billion US Dollars as per February 3rd 2023; it has experienced a slight drop in price over time but still maintains high EPS and P/E ratios indicating strong financial performance and potential future returns for investors if they decide to purchase MRO shares
