Over 2 Years Ago
1 Min Read

Shares of MRO are trading -4% lower today. Here's what's going on:



Marathon Oil Corp (MRO) is trading -4% lower at $21.96 today.

Marathon Oil Corp has been trading between a 52-week high of $33.24 and a 52-week low of $10.31. The stock has a market cap of $15.5 Billion.

  • 2Q net income: $966M or $1.37 per share
  • Up from $16M, or $0.02 per share in the prior year
  • Adjusted also topped expectations by 2.33%
  • Revenue: $2.3B, beat analysts' average estimate of $2.1B

Headlines

Marathon Oil Q2 Results Top Estimates
Finanz Nachrichten 08-03-22

Marathon Oil Earnings, Revenue Beat in Q2 By Investing.com
Investing.com 08-03-22

Marathon Oil: Q2 Earnings Snapshot
mySA 08-03-22

Recap: Marathon Oil Q2 Earnings
Benzinga 08-03-22

Marathon Oil Non-GAAP EPS of $1.32 beats by $0.04, revenue of $2.3B beats by $190M (NYSE:MRO)
Seeking Alpha 08-03-22


As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

Wendysworker- - 5 upvotes - source
Betting on mro earnings 23.5 calls

fiero444 - 3 upvotes - source
MRO not doing anything

Wendysworker- - 3 upvotes - source
Mro beat

Littleman212 - 3 upvotes - source
MRO beats and barely moves.

Zombaekay - 2 upvotes - source
why is MRO tanking?

maz-o - 2 upvotes - source
yea i'm tempted betting on a MRO beat as well

yunghindi17 - 2 upvotes - source
Waiting for MRO earnings, let’s get a nice rip upwards

Wendysworker- - 2 upvotes - source
When does mro earnings come out

Blazzck7 - 2 upvotes - source
So I played MRO earnings and I guess that was a bad idea

Blazzck7 - 1 upvotes - source
MRO is being a cunt