CFO Patrick Wagner sells 36,094 MRO shares ($1.0M) at $28.84; post-sale holdings: 104,735 shares (-25.6%)
Patrick Wagner sold 36,094 shares of Marathon Oil at $28.84 on 2024-11-19, reducing his holdings by 25.6% to 104,735 shares and realizing $1,041,095.34. At the same-ticker level, his prior three sales at MRO showed mixed timing: two of the three were well-timed at the 90-day horizon (with negative 90d returns of -8.3% and -8.4%), while the most recent sale on 2024-03-19 was poorly-timed (90d return +1.6%). His cross-ticker track record across all open-market sales shows a 66.67% well-timed rate at the 90-day mark, with an average 90d return of -5.0%. The current stock price of $28.92 sits near the 52-week high of $29.69 and has gained 8.9% over the trailing 30 days. Marathon Oil's fundamentals show a $1.8B quarterly revenue with $287.0M net income, though annual revenue growth has declined -16.7% year-over-year, yielding a P/E of 12.15.