Marathon Oil Corp (MRO)

[pepeoil]

I kept this sweet baby. Lesssgooooo

[PennMilitia]

Lots of forces now building against Oil

Even so the stock appears to want to grind higher.

[LasNubes]

It’s been a great ride so far and still going

[iBison]

I'm really happy. I bought some at beginning of covid and bought more the day russia invaded. :)

Keep going...

[peterquinnvet]

$MRO is a top gainer today with +3.31% of change

https://money.cnn.com/data/hotstocks/

[pepeoil]

Yep, old Pepe described it as a cash cow

[peterquinnvet]

Marathon Oil Corporation (NYSE:MRO) is a very attractive total yield (i.e., dividend yield plus buyback yield) oil and gas exploration and production play. Most of its production comes from the Eagle Ford Basin in Texas and the Bakken area in North Dakota and Montana. Value investors are attracted to it due to its low price-to-earnings (P/E) ratio, growing dividend, huge free cash flow (FCF), huge buybacks, and quarterly rising dividend payments. The bottom line is that MRO stock is an attractive dividend and buyback yield company for investors.

https://markets.businessinsider.com/news/stocks/mro-stock-has-attractive-dividend-and-buyback-yields-giving-it-a-total-yield-over-15-4-percent-1031295351

[Seminole Red]

profit is a good thing but so is patience

[pepeoil]

Why not? The pps is high. We are here for the money

[shermann7]

Insiders have been Selling lately ... HMMM ...

Shermann

[pepeoil]

Nice cash cow here man

[pepeoil]

Bought a few more under $21 yesterday. Sweet grease here man

[peterquinnvet]

$MRO price performance this year is 39.40% (As of 3/2)

https://www.nerdwallet.com/article/investing/best-performing-stocks

[pepeoil]

Sweet oiler here man

[jonny_red]

Price levels to watch on Marathon Oil Corp, MRO Stock.

$MRO #MRO

YouTube Link:

[Seminole Red]

and all oil

[peterquinnvet]

Definitely looking good for $MRO!

[Seminole Red]

yay

[peterquinnvet]

While Chevron and TotalEnergies are active in Russia, Marathon Oil isn't. The explorer-producer's operations are in the U.S. and Equatorial Guinea.

Nearly 42% of 31 analysts have the company at a "buy," and more than 22% have it as a "strong buy," with price targets ranging from $12 to $31, according to Webull. After rising about 30% year to date, its shares closed Friday at $21.88.

In the fourth quarter, the company swung to $592 million in net income from a loss for the fourth quarter of 2020.

The company expects its production this year will be even with its 2021 average, as it is prioritizing sustainable free cash flow generation over production growth. In the fourth quarter, the company generated $898 million in free cash flow and returned more than 90% of it to shareholders.

https://money.usnews.com/investing/stock-market-news/articles/hot-stocks-to-buy-right-now

[fly_fisherman]

Oil's the play...


Hey there I don't have PM. On twitter though.

[LasNubes]

file:///var/mobile/Library/SMS/Attachments/e0/00/1058B34B-1171-488E-BD95-5348A37E2F57/IMG_1720.jpg

[peterquinnvet]

MRO made the list for Top Gainers today
https://money.cnn.com/data/hotstocks/

[pepeoil]

Money money money. Big fat cash cow here man

[Glider549]

Yep.
$MRO, $LNG, $DVN

[pepeoil]

Cash cow here man

[ZipCash]

Marked you back #20 - i dont have private message - have a nice week

ZipCash

MRO

[peterquinnvet]

Oil hits highest price since 2014.
https://www.cnbc.com/video/2022/02/22/oil-hits-highest-price-since-2014.html

[pepeoil]

Yep, no big deal. Pps up. Get on the money train, choo choo

[Gator44]

GARYVILLE, La. (WGNO) — It was a scary morning for residents in Garyvill near the Maraton Refinery, where there was an explosion at the plant on Monday, February 21.
The incident was confirmed by the St. John Emergency Management Office just before 10 a.m.
Authorities with the St. John Sheriff’s Office say no deaths were reported in the incident, however, one person was injured.

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WGNO spoke to neighbors of the facility to gauge their reactions. Norco resident Ryan Brewer recalls his experience of the explosion:
“I was standing in the kitchen, just making breakfast. It was kind of weird because at the same time I closed my refrigerator door, our house shook pretty violently. Living around here, we’re used to things like this happening. It was violent so we didn’t think it was a transformer or anything. So the house shook and we went outside, assuming it was one of the plants right here in Norco and a few minutes later I check Facebook and found out it wasn’t.”

Louisiana State Police temporarily closed down Airline Highway between LA 54 and West 10th Street. The road has since reopened near Marathon.

Teen killed in morning shooting in Marrero, JPSO reports

The refinery issued a statement regarding the explosion on Monday morning:

Marathon Petroleum is responding to a fire at its Garyville, Louisiana, refinery that began at approximately 9:30 a.m. Central Time. All employees and contract workers have been accounted for. One contract worker sustained an injury and is currently being evaluated at a local healthcare facility as a precaution. Air monitoring has been deployed in the community, and local emergency responders have been notified. The safety of responders, employees, contractors, and the community is our top priority as we work to extinguish the fire.

Adra Lee works across the street from the Marathon Refinery and is all shook up after the explosion.
“It was just a big, old boom. Like the world shook, the earth shook. Then I looked up and saw a big ball of fire. I almost fell down, but I balanced myself enough to stand up, but when I looked over to see what it was and I ran,” she said.
Adra’s relieved now knowing that everything is under control at the Marathon Refinery.
“There are no fatalities or injuries except a minor injury to a contract worker, who is being treated at a local facility,” Jaclyn Hotard, St. John Parish President said.
Hotard said there are no off-site impacts to the community, but they are monitoring the air quality.
“There is also air monitoring being conducted to determine the impacts to the community, we stand by the work with Marathon to see this through,” Hotard said.

NOPD searches for three persons of interest connected to man, woman shot in vehicles in New Orleans East

As for Adra, she says she can smell something in the air.
“It is a horrible smell. It is bad. We don’t know what it consists of, is it harmful to us,” she said.
Operations at the Marathon Refinery are back to normal. Workers were able to go about their normal workday.
Early this morning traffic was being diverted on Airline Highway from LA 54 to W. 10th Street.
This is a developing story. WGNO will continue to provide updates as new information becomes available.

Get the latest news sent to your inbox, click here to subscribe to WGNO Daily Headlines.

Categories: Local, Louisiana, News, St. John the Baptist Parish, Video

Tags: explosion, garyville, Louisiana, refinery, Reserve

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[Gator44]

VIDEO: Explosion confirmed at Marathon Garyville Refinery

Kylee Bond and Kenny Lopez

16 hours ago

[pepeoil]

Yep, I tode you boys our cash would grow here. Jack Ching bada bing

[LasNubes]

Great ride again here !
GL to all us longs

[peterquinnvet]

Marathon Petroleum Corp (MPC.N) reported an adjusted profit on Wednesday compared to a loss a year earlier, following a recovery in demand for fuel and refined products.

The largest U.S. oil refiner posted an adjusted net income of $794 million, or $1.30 per share, in the fourth quarter, compared to a loss $608 million, or 94 cents per share, a year earlier.

Source: https://www.reuters.com/business/energy/marathon-petroleum-posts-profit-fuel-demand-recovery-2022-02-02/

[tnc26]

Should be heading toward $30.. with increased dividend to .07

[PennMilitia]

Marathon Oil 4TH/QTR Full-Year-2021-Earnings Feb 17/2022

Be sure to listen to the earnings call.

[LasNubes]

Ok
Back in here at $15.42

Oil price going back up soon IMHO

[LasNubes]

Getting close for me to buy back in soon

[PennMilitia]

Approved 500M in 4th/QTR share-buybacks 2.5B future buybacks

I see the Marathon Oil Corporations BOD have authorized huge buybacks going forward

1. 200M already bought back
2. 500M in buybacks in the 4th QTR
3. Total of 2.5B worth of buybacks authorized going forward.

I like how 2022 is shaping up for MRO.

[PennMilitia]

$18 by years end and $22 in 2022

If everything remains the same I see the stock moving to $18 by years end and with the companies stated commitment to shareholders should see $22 sometime in 2022.

Long and Strong...(MRO)

[02opida]

home heating oil much higher this year

[LasNubes]

I sold yesterday at $17.04

Over 300% return! ??

[SPORTSPROPHET]

IN @ $3.76...OUT @ $17.00....LATER CHUMPS!!

[PennMilitia]

I see Petrobras of Brazil just posted earnings smashing profit and margin estimates across the board. That company is worth incredible amounts of money with a Market Cap of 383b. The dividend is at 3.22 (10.99%).

Lets listen to the earnings call to see what MRO has planned for investors. IMO the dividend needs some work to at least to get it up to where its keeping up with inflation. Right now for example if the stock would remain at 16 dollars all next year you would be loosing money keeping it because of the low dividend.

My price target for 2022 is at 22 dollars.

Only the best to all of you.

[schemingscientist]

MRO +1.54%

"Shares of Marathon Oil Corp. MRO, +1.54% advanced 1.54% to $16.45 Thursday.

The stock outperformed some of its competitors Thursday, as Exxon Mobil Corp. XOM, +0.28% rose 0.28% to $64.31, Chevron Corp. CVX, +0.94% rose 0.94% to $113.12, and Royal Dutch Shell PLC ADR Cl A RDS.A, -5.06% fell 5.06% to $47.44. Trading volume (12.8 M) remained 5.1 million below its 50-day average volume of 17.9 M."

https://www.marketwatch.com/story/marathon-oil-corp-stock-rises-thursday-outperforms-market-01635455408-79d8fcb779e4

I guess the manufacturing industry is ramping up its operations despite the effects of COVID. I remember seeing the process of just how cylinders for oil, gas, and hydrogen tanks were made and it takes a lot of effort. (For reference it this article)

[02opida]

HOUSTON, Oct. 27, 2021 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today that the Company's board of directors has declared a dividend of 6 cents per share on Marathon Oil Corporation common stock. This represents a 20% increase from the Company's last quarterly base dividend payment of 5 cents per share. The dividend is payable on December 10, 2021, to stockholders of record on November 17, 2021.

[02opida]

morning pepeoil

[pepeoil]

Yep, our cash will grow here

[02opida]

HOUSTON, Sept. 29, 2021 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today it plans to issue its third quarter 2021 earnings news release on Wednesday, November 3, after the close of U.S. financial markets.

[pepeoil]

Yep, old Biden and Son will be flying those illegal immigrants north in the middle of the night.

[PennMilitia]

Not seeing any big pullback in the share-price-here

Don't forget the airlines are nowhere near pre-pandemic levels. International flying has a long way to go not to mention the cruise industry getting back up and going.

It takes approx. 30K pounds of fuel for a narrow-body aircraft to fly from the east coast to the west coast so you can just imagine how much fuel is needed for a widebody aircraft to fly to an International destination (Lots of Jet-A fuel).