- Marathon Oil Corporation stock price today and history
Marathon Oil Corporation (MRO) stock prices updated...
Please, Signup (Login) to subscribe or trade (demo)
Marathon Oil Corporation stock price
Marathon Oil Corporation latest news:
S&P 500, Dow end at records after Fed decision on balance sheet
The S&P 500 and Dow Jones Industrial Average eked out marginal gains to end at records on Wednesday after the Federal Reserve outlined its plan to start reducing its massive balance sheet in October. As fully expected, policy makers made no change to interest rates, but said the Fed would start to shrink its $4.5 trillion balance sheet by $10 billion a month. The S&P 500 closed 1.59 points, or less than 0.1%, higher at 2,508.24. The Nasdaq Composite index slipped 5.28 points, or less than 0.1%, to 6,456.04. The Dow Jones Industrial Average added 41.79 points, or 0.2%, to 22,412.59. Among the best performer on Wall Street were energy companies, which rose in tandem with oil prices. Marathon Oil Corp jumped 3.5% and was the best performers on the S&P 500. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Marathon Oil paring back Eagle Ford operations ahead of Harvey
Marathon Oil Corp(MRO) said on Thursday it is paring back operations in the Eagle Ford shale region of Texas ahead of Hurricane Harvey. "We have released non-essential personnel and are in the process of suspending operations where appropriate in the Eagle Ford," spokeswoman Lee Warren said.
Energy sector ETF tumbles into first bear market in 18 months
The SPDR Energy Select Sector exchange-traded fund fell 1.4% Thursday to close at a 16-month low, enough to kick off a new bear market. Many market participants define a bear market as a decline of 20% or more from a bull market peak. And the ETF tracking the energy sector (XLF), which is one of the S&P 500's 11 key sectors, has now lost 20.3% since closing at a bull-market peak of $77.83 on Dec. 13, 2016, which at the time was an 18-month high. Of the XLE's 32 components, 15 have tumbled more than 20% year to date, and 11 of lost more than 30%. The last bear market for the XLE had ended on March 7, 2016, when the XLE closed 20.5% above its previous bear market low of $51.77 on Jan. 20, 2016. On Thursday, 30 of the XLE's components closed lower, with shares of Marathon Oil Corp. down 3.3% to pace the decliners. Chesapeake Energy Corp.'s stock slumped 3.0%, and was the most active component with 36 million shares traded. The XLE's losses Thursday come a rally in oil prices, as September crude oil futures settled up 0.7%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Marathon Petroleum CorporationMPC
Marcus & MillichapMMI
Marcus Corporation (The)MCS
Marin Software IncorporatedMRIN
Marine Harvest ASAMHG
Marine Products CorporationMPX
MarkWest Energy PartnersMWE
Marriot Vacations Worldwide CorporationVAC