Shares of Marathon Oil Corp. MRO,
lost 1.80% to $ 10.94 on Wednesday, on what turned out to be a positive trading session for the stock market, with the S&P 500 SPX index,
up 0.15% to 4,079.95 and the Dow Jones Industrial Average DJIA,
up 0.05% to 33,446.26. It was the share’s third consecutive day of losses. Marathon Oil Corp. closed $ 2.35 below its 52-week high ($ 13.29), which the company hit on March 5.
The stock underperformed some of its rivals on Wednesday, such as Exxon Mobil Corp. XOM,
rose 0.44% to $ 56.59, Chevron Corp. CLC,
rose 0.59% to $ 104.19 and Royal Dutch Shell PLC ADR Cl A RDS.A,
rose 1.33% to $ 40.39. The transaction volume (18.9 million) remained 8.6 million below its 50-day average volume of 27.5 million.