Marathon Oil Corporation (NYSE:MRO) shares went down -2.83% or -0.43 points to reach at $14.75 during the course of session. The stock traded in the range of $14.65 – $15.13 during its most recent trading session. The stock has total market worth of $12.48B and it has total of 847.65M outstanding shares. Relative strength index (RSI-14) for Marathon Oil Corporation (NYSE:MRO) is at 51.92.
Historically the stock has slipped -5.45% in the past week and soared 12.08% in the last four weeks, the stock illustrate that its three months performance stands at 6.17% while its year to date performance is at 18.47%. Stock’s price oscillated from $6.45 to $22.99 during past twelve months. The stock is now trading at a distance of -1.31% from SMA-20. The stock is presently trading 6.84% above from its SMA-50. In the current trading session, the stock’s price moved 11.77% above from its SMA-200. If we take a look on its volatility, 3.38 percent was seen in a week and for the month it was 4.74 percent. Stock’s beta value stands at 2.15 and its ATR value is at 0.72.
Marathon Oil Corporation (NYSE:MRO) announced on July 14, 2016 that it has achieved first gas production through its new Alba B3 offshore compression platform off Equatorial Guinea. Production from the B3 platform allows Marathon Oil to convert approximately 130 million barrels of oil equivalent of proved undeveloped reserves, more than doubling the Company’s remaining proved developed reserve base in EG.
“The Alba B3 compression project will allow us to maintain plateau production for the next two years, mitigating base decline, while extending the Alba Field’s life by up to eight years,” said Mitch Little, Vice President–Conventional.
Execution of the Alba B3 compression project involved engineering and construction in four countries with Heerema Fabrication Group (HFG) serving as the general contractor. An Equatoguinean construction firm fabricated both the platform flare and bridge structures as part of Marathon Oil’s commitment to building local capacity within the country.
United States Steel Corporation (NYSE:X) shares slipped -3.68% or -0.80 points in order to take the company’s stock at the price of $20.92. Stock’s price oscillated between $20.55 and $21.24 for intra-day trading. Relative strength index (RSI-14) for United States Steel Corporation (NYSE:X) is at 66.70. It has total market capitalization of $3.07B.
Historically the stock has slipped -0.90% in the past week and soared 16.35% in the last four weeks, the stock illustrate that its three months performance stands at 4.67% while its year to date performance is at 164.55%. The stock hit the peak level of one year at $21.90 and touched the minimum level of $6.09. Shares are trading -4.47% off from the 52-week high and 243.27% above from the 52-week bottom level. The stock is now trading at a distance of 13.53% from SMA-20. The stock is presently trading 25.32% above from its SMA-50. In the current trading session, the stock’s price moved 66.09% above from its SMA-200. The company has a Return on Assets of -18.80%. The company currently has a Return on Equity of -18.80% and a Return on Investment of -25.50%.
United States Steel Corporation (NYSE:X) announced on July 7, 2016 that interested stockholders, investors and others may listen to the company’s second quarter 2016 conference call with securities analysts on Wednesday, July 27, 2016, at 8:30 a.m. EDT. The call, which will be available via the U. S. Steel website, will cover second quarter 2016 financial results and may include forward-looking information. The company plans to release its second quarter 2016 financial results following the close of trading on the New York Stock Exchange on Tuesday, July 26.
U.S. Steel officials participating in the call will be Mario Longhi, President and CEO; David B. Burritt, Executive Vice President and CFO; and Dan Lesnak, General Manager-Investor Relations.
The company’s slide presentation and prepared remarks will be posted to the U. S. Steel website following the close of trading on the New York Stock Exchange on Tuesday, July 26. The slides and remarks will not be repeated on the conference call with securities analysts. The conference call will begin with introductory comments from Mario Longhi, and proceed directly to a question and answer session with the securities analysts.