X
<

Marathon Oil Stock Rose Due to Strong Energy Commodities

PART:
1 2 3 4
Part 3
Marathon Oil Stock Rose Due to Strong Energy Commodities PART 3 OF 4

Analyzing Marathon Oil’s Implied Volatility and Its Stock

Marathon Oil’s implied volatility

As of September 15, 2017, Marathon Oil (MRO) had an implied volatility of ~32%, which is lower than its implied volatility of ~39.8% at the end of 2Q17. Since the beginning of 3Q17, Marathon Oil’s stock price fell marginally by ~1%. As a result, there has been a significant fall in its implied volatility since the beginning of 3Q17.

Analyzing Marathon Oil’s Implied Volatility and Its Stock

Interested in MRO? Don't miss the next report.

Receive e-mail alerts for new research on MRO

Success! You are now receiving e-mail alerts for new research. A temporary password for your new Market Realist account has been sent to your e-mail address.

Success! has been added to your Ticker Alerts.

Success! has been added to your Ticker Alerts. Subscriptions can be managed in your user profile.

Marathon Oil’s price range forecast

Based on Marathon Oil’s implied volatility of ~32% and assuming a normal distribution of prices, 365 days in a year, and standard deviation of one, its stock is expected to close between $12.53 and $11.47 in the next seven calendar days. Marathon Oil stock will stay in this range 68% of the time. On September 15, Marathon Oil’s stock price closed at $12.00.

Peers’ price range forecasts

As of September 15, 2017, Pioneer Natural Resources (PXD) has an implied volatility of ~25.5%. Pioneer Natural Resources stock is expected to close between $141.77 and $132.09 in the next seven calendar days. On September 15, Pioneer Natural Resources’ stock price closed at $136.93.

As of September 15, 2017, EOG Resources (EOG) had an implied volatility of ~19.4%, which means that EOG stock is expected to close between $95.73 and $90.71 in the next seven calendar days. On September 15, EOG Resources’ stock price closed at $93.22.

Based on the inputs used to calculate the price range, there’s a 68% probability that the stocks will close in their range for the given period.

X

Please select a profession that best describes you: