Oil Stocks- Marathon Oil Corp. stock rises Friday, outperforms market
Shares of Marathon Oil Corp.
rallied 3.39% to $11.89 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 0.74% to 4,232.60 and the Dow Jones Industrial Average
rising 0.66% to 34,777.76. Marathon Oil Corp. closed $1.40 below its 52-week high ($13.29), which the company reached on March 5th.
The stock outperformed some of its competitors Friday, as Exxon Mobil Corp.
rose 1.43% to $62.43, Chevron Corp.
rose 0.92% to $110.02, and Royal Dutch Shell PLC ADR Cl A
rose 1.89% to $40.89. Trading volume (20.1 M) remained 3.4 million below its 50-day average volume of 23.5 M.