Marathon Oil Corporation – Consensus ‘buy’ rating and 39.7% Upside Potential

Broker Ratings
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Marathon Oil Corporation with ticker code (MRO) now have 24 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between 48 and 25 calculating the average target price we see $32.72. Given that the stocks previous close was at $23.43 and the analysts are correct then we can expect a percentage increase in value of 39.7%. It’s also worth noting that there is a 50 day moving average of $23.57 and the 200 day MA is $26.18. The total market capitalization for the company now stands at 14.60B. The current stock price for Targa Resources Corp. is currently 23.64 USD

The potential market cap would be $20,389,122,623 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 5.71, revenue per share of 11.2 and a 10.66% return on assets.

Marathon Oil Corporation is an exploration and production company. The Company is focused on the United States resource plays, which includes the Eagle Ford in Texas, the Bakken in North Dakota, Sooner Trend Anadarko Basin Canadian and Kingfisher Counties (STACK) and South-Central Oklahoma Oil Province (SCOOP) in Oklahoma and Permian in New Mexico and Texas. The Company operates through two segments: United States and International. The United States segment explores, produces and markets crude oil and condensate, natural gas liquids (NGLs) and natural gas in the United States. The International segment explores, produces and markets crude oil and condensate, NGLs and natural gas outside of the United States, as well as produces and markets products manufactured from natural gas, such as liquefied natural gas (LNG) and methanol, in Equatorial Guinea (E.G.). Its subsidiaries include Alba Associates LLC, Alba Equatorial Guinea Partnership, L.P., Alba Plant LLC and AMPCO Marketing, L.L.C.

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