Marathon Oil Corporation

LSE:0JY9 Stock Report

Market Cap: US$16.0b

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Marathon Oil Valuation

Is 0JY9 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 0JY9 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 0JY9 ($28.76) is trading below our estimate of fair value ($67.87)

Significantly Below Fair Value: 0JY9 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 0JY9?

Key metric: As 0JY9 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 0JY9. This is calculated by dividing 0JY9's market cap by their current earnings.
What is 0JY9's PE Ratio?
PE Ratio12x
EarningsUS$1.33b
Market CapUS$15.97b

Price to Earnings Ratio vs Peers

How does 0JY9's PE Ratio compare to its peers?

The above table shows the PE ratio for 0JY9 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average22.8x
HBR Harbour Energy
45.3x14.4%UK£3.5b
ITH Ithaca Energy
19.2x-3.9%UK£1.7b
SEPL Seplat Energy
18.2x13.4%UK£1.2b
ENOG Energean
8.3x7.5%UK£1.8b
0JY9 Marathon Oil
12x-5.8%US$16.0b

Price-To-Earnings vs Peers: 0JY9 is good value based on its Price-To-Earnings Ratio (12x) compared to the peer average (23.1x).

Price to Earnings Ratio vs Industry

How does 0JY9's PE Ratio compare vs other companies in the GB Oil and Gas Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
ROSN Rosneft Oil
1.5xn/aUS$21.03b
No more companies available in this PE range
0JY9 12.0xIndustry Avg. 9.1xNo. of Companies4PE0612182430+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 0JY9 is expensive based on its Price-To-Earnings Ratio (12x) compared to the UK Oil and Gas industry average (8.9x).

Price to Earnings Ratio vs Fair Ratio

What is 0JY9's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

0JY9 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12x
Fair PE Ratio13.2x

Price-To-Earnings vs Fair Ratio: 0JY9 is good value based on its Price-To-Earnings Ratio (12x) compared to the estimated Fair Price-To-Earnings Ratio (13.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 0JY9 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
US$31.02
0%
10.3%US$37.00US$27.00n/a21
Dec ’25n/a
US$31.02
0%
10.3%US$37.00US$27.00n/a21
Nov ’25US$27.21
US$30.97
+13.9%
11.0%US$37.00US$27.00n/a21
Oct ’25US$27.58
US$31.38
+13.8%
13.7%US$42.00US$27.00n/a21
Sep ’25US$28.38
US$32.67
+15.1%
12.2%US$42.00US$27.00n/a21
Aug ’25US$27.30
US$32.83
+20.3%
11.0%US$42.00US$28.00n/a21
Jul ’25US$28.80
US$33.50
+16.3%
12.1%US$45.00US$28.00n/a21
Jun ’25US$28.94
US$33.75
+16.6%
12.1%US$45.00US$28.00n/a20
May ’25US$26.00
US$33.87
+30.3%
12.9%US$45.00US$24.00n/a25
Apr ’25US$28.26
US$31.82
+12.6%
11.0%US$39.00US$24.00n/a24
Mar ’25US$24.64
US$30.77
+24.9%
13.9%US$39.00US$24.00n/a25
Feb ’25US$22.67
US$31.09
+37.2%
13.9%US$39.00US$24.00n/a25
Jan ’25US$24.13
US$32.35
+34.1%
12.8%US$40.00US$25.00n/a25
Dec ’24US$25.59
US$33.45
+30.7%
13.9%US$45.00US$26.50n/a25
Nov ’24US$27.23
US$33.31
+22.3%
14.7%US$45.00US$22.00US$27.2125
Oct ’24US$26.92
US$32.87
+22.1%
14.9%US$45.00US$22.00US$27.5825
Sep ’24US$27.20
US$32.31
+18.8%
14.6%US$40.00US$22.00US$28.3825
Aug ’24US$26.08
US$31.45
+20.6%
14.6%US$40.00US$25.00US$27.3025
Jul ’24US$23.21
US$32.45
+39.8%
17.9%US$48.00US$25.00US$28.8025
Jun ’24US$22.80
US$32.93
+44.5%
16.8%US$48.00US$25.00US$28.9425
May ’24US$24.30
US$33.33
+37.2%
16.3%US$48.00US$23.00US$26.0026
Apr ’24US$23.91
US$33.07
+38.3%
15.8%US$43.00US$23.00US$28.2626
Mar ’24US$25.70
US$33.72
+31.2%
15.2%US$48.00US$23.00US$24.6426
Feb ’24US$26.56
US$34.11
+28.4%
15.1%US$48.00US$23.00US$22.6725
Jan ’24US$27.02
US$34.30
+26.9%
16.4%US$48.00US$23.00US$24.1323
Dec ’23US$30.36
US$34.30
+13.0%
16.7%US$48.00US$23.00US$25.5923

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/11/22 07:10
End of Day Share Price 2024/11/21 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Marathon Oil Corporation is covered by 47 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
William SeleskyArgus Research Company
Finbarr MacCarthyAtlantic Equities LLP
Ishan MajumdarBaptista Research