Marathon Oil Corporation (NYSE:MRO) will begin trading ex-dividend on November 17, 2020. The quarterly dividend payment of $ 0.03 per share is scheduled to be paid on December 10, 2020. The dividend yield based on the latest trading day closing price was 2.37 percent. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date of November 17, 2020.
Dividends History
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Marathon Oil Corporation recently reported second quarter financial results on August 5, 2020, after market close, the Houston based company unveiled loss for the second quarter of $ 0.60 per share, from the revenue of $ 272.00 million. The quarterly earnings developed 52.00 percent while revenues compared with the same quarter last year.
The consensus estimates are loss of $ 0.60 per share from $ 622.91 million in revenue. The bottom line results street analysts by $ 0 or , at the same time, top line results fell short of analysts by $ 350.91 million or 56.33 percent.
Stock Performance
On Friday, shares of Marathon Oil Corporation has traded high as $ 5.08 and has cracked $ 4.86 on the downward trend, reaching $ 5.06 with volume of 22.61 million shares.
According to the previous trading day, closing price of $ 5.06, representing a 59.60 % increase from the 52 week low of $ 3.02 and a 65.74 % decrease over the 52 week high of $ 14.07.
The company has a market capital of $ 3.99 billion and is part of the Energy sector and Oil & Gas E&P industry.
Marathon Oil Corporation operates as an energy company in the United States, Equatorial Guinea, the United Kingdom, and Libya. It operates in two segments, United States and International. The company engages in the exploration, production, and marketing of crude oil and condensate, natural gas liquids, and natural gas; and the production and marketing of products manufactured from natural gas, such as liquefied natural gas and methanol.
