Marathon Oil Corporation which can be found using ticker (MRO) have now 23 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 43 and 24 suggesting an average Analsyt target price of $33.47. Given that the stocks previous close was at $25.62 this would indicate that there is a potential upside of 30.6%. It’s also worth noting that there is a 50 day moving average of $24.96 while the 200 day moving average is $26.03. The company has a market cap of $15,983m. Find out more information at: https://www.marathonoil.com
The potential market cap would be $20,880m based on the market consensus.
Marathon Oil Corporation operates as an independent exploration and production company in the United States and internationally. The company engages in the exploration, production, and marketing of crude oil and condensate, natural gas liquids, and natural gas; and the production and marketing of products manufactured from natural gas, such as liquefied natural gas and methanol. It also owns and operates central gathering and treating facilities; and the Sugarloaf gathering system, a 42-mile natural gas pipeline through Karnes and Atascosa Counties. The company was formerly known as USX Corporation and changed its name to Marathon Oil Corporation in December 2001. The company was founded in 1886 and is headquartered in Houston, Texas.
The company has a dividend yield of 1.56% with the ex dividend date set at 14-2-2023 (DMY).
Other points of data to note are a P/E ratio of 4.88, revenue per share of 11.06 and a 11.5% return on assets.
