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Marathon Oil's (NYSE:MRO) Investors Will Be Pleased With Their Impressive 128% Return Over the Last Three Years

Marathon Oil's (NYSE:MRO) Investors Will Be Pleased With Their Impressive 128% Return Over the Last Three Years

马拉松石油(纽约证券交易所代码:MRO)的投资者将对过去三年令人印象深刻的128%回报率感到满意
Simply Wall St ·  05/24 00:35

The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But when you pick a company that is really flourishing, you can make more than 100%. For example, the Marathon Oil Corporation (NYSE:MRO) share price has soared 117% in the last three years. Most would be happy with that. It's down 2.1% in the last seven days.

在任何股票上(假设你不使用杠杆),你最多可能损失的就是100%的资金。但是,当你选择一家真正蓬勃发展的公司时,你可以 使 超过 100%。例如,马拉松石油公司(纽约证券交易所代码:MRO)的股价在过去三年中飙升了117%。大多数人会对此感到满意。在过去的七天里,它下跌了2.1%。

Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns.

让我们来看看长期的基本面,看看它们是否与股东的回报一致。

In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement.

在他的文章中 格雷厄姆和多兹维尔的超级投资者 沃伦·巴菲特描述了股价如何并不总是合理地反映企业的价值。考虑市场对公司的看法发生了怎样的变化的一种不完美但简单的方法是将每股收益(EPS)的变化与股价走势进行比较。

Marathon Oil became profitable within the last three years. Given the importance of this milestone, it's not overly surprising that the share price has increased strongly.

马拉松石油在过去三年中实现了盈利。鉴于这一里程碑的重要性,股价强劲上涨也就不足为奇了。

The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers).

该公司的每股收益(随着时间的推移)如下图所示(点击查看确切数字)。

earnings-per-share-growth
NYSE:MRO Earnings Per Share Growth May 23rd 2024
纽约证券交易所:MRO 每股收益增长 2024 年 5 月 23 日

It is of course excellent to see how Marathon Oil has grown profits over the years, but the future is more important for shareholders. It might be well worthwhile taking a look at our free report on how its financial position has changed over time.

看到马拉松石油公司多年来如何增加利润当然是件好事,但未来对股东来说更为重要。可能值得一看我们的免费报告,了解其财务状况如何随着时间的推移而变化。

What About Dividends?

分红呢?

When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. In the case of Marathon Oil, it has a TSR of 128% for the last 3 years. That exceeds its share price return that we previously mentioned. The dividends paid by the company have thusly boosted the total shareholder return.

在考虑投资回报时,重要的是要考虑两者之间的区别 股东总回报 (TSR) 和 股价回报。股东总回报率是一种回报计算方法,它考虑了现金分红的价值(假设收到的任何股息都经过再投资)以及任何贴现资本筹集和分拆的计算价值。因此,对于支付丰厚股息的公司来说,股东总回报率通常远高于股价回报率。就马拉松石油而言,在过去3年的股东回报率为128%。这超过了我们之前提到的其股价回报率。因此,该公司支付的股息提高了 股东回报。

A Different Perspective

不同的视角

Marathon Oil shareholders gained a total return of 9.6% during the year. Unfortunately this falls short of the market return. On the bright side, the longer term returns (running at about 15% a year, over half a decade) look better. Maybe the share price is just taking a breather while the business executes on its growth strategy. It's always interesting to track share price performance over the longer term. But to understand Marathon Oil better, we need to consider many other factors. Take risks, for example - Marathon Oil has 5 warning signs (and 1 which is potentially serious) we think you should know about.

马拉松石油股东在年内获得了9.6%的总回报。不幸的是,这没有达到市场回报率。好的一面是,长期回报(每年约15%,超过五年)看起来更好。也许在企业执行增长战略的同时,股价只是在稍作休息。长期跟踪股价表现总是很有意思的。但是,为了更好地了解马拉松石油,我们需要考虑许多其他因素。例如,冒险吧——马拉松石油有5个警告信号(其中一个可能很严重),我们认为你应该知道。

Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies we expect will grow earnings.

当然,通过寻找其他地方,你可能会找到一笔不错的投资。因此,请看一下我们预计收益将增加的这份免费公司名单。

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges.

请注意,本文引用的市场回报反映了目前在美国交易所交易的股票的市场加权平均回报。

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

对这篇文章有反馈吗?对内容感到担忧?直接联系我们。 或者,给编辑团队 (at) simplywallst.com 发送电子邮件。
Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。

译文内容由第三方软件翻译。


以上内容仅用作资讯或教育之目的,不构成与富途相关的任何投资建议。富途竭力但不能保证上述全部内容的真实性、准确性和原创性。
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