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Marathon Oil (STU:USS) 6-Month Price Index : 1.03 (As of May. 16, 2024)


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What is Marathon Oil 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-05-16), Marathon Oil's 6-Month Price Index is 1.03.

Competitive Comparison of Marathon Oil's 6-Month Price Index

For the Oil & Gas E&P subindustry, Marathon Oil's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Marathon Oil  (STU:USS) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Marathon Oil  (STU:USS) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Marathon Oil 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Marathon Oil's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

Marathon Oil (STU:USS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Marathon Oil Corp (STU:USS) » Definitions » 6-Month Price Index
Comparable Companies
OVV EQT TPL APA CHK AR CTRA PR RRC SWN COP HKSE:00883 TSX:CNQ EOG PXD OXY HES MIC:NVTK FANG ASX:WDS
Traded in Other Exchanges
MRO:USA MRO:Mexico USS:Germany M1RO34:Brazil
Address
990 Town and Country Boulevard, Houston, TX, USA, 77024-2217
Website
https://www.marathonoil.com
Marathon is an independent exploration and production company primarily focusing on unconventional resources in the United States. At the end of 2022, the company reported net proved reserves of 1.3 billion barrels of oil equivalent. Net production averaged 343 thousand barrels of oil equivalent per day in 2022 at a ratio of 70% oil and NGLs and 30% natural gas.

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