Shares of MRO traded higher by 6.55% or $1.53/share to $24.90. Marathon Oil Corporation is trading at a price to book ratio of 0.67. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.9 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.24. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 9173200 shares of MRO exchange hands on a given day and today's volume is recorded at 5731135. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
Marathon Oil Corporation (Marathon) is an integrated international energy company engaged in exploration and production; oil sands mining; integrated gas, and refining, marketing and transportation.
