Marathon Oil Corporation which can be found using ticker (MRO) have now 24 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 48 and 25 and has a mean target at $33.45. Given that the stocks previous close was at $23.29 and the analysts are correct then we can expect a percentage increase in value of 43.6%. The 50 day moving average now sits at $24.50 and the 200 day MA is $26.15. The company has a market capitalization of $14,625m. You can visit the company’s website by visiting: https://www.marathonoil.com
The potential market cap would be $21,005m 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 1.72% with the ex dividend date set at 14-2-2023 (DMY).
Other points of data to note are a P/E ratio of 4.46, revenue per share of 11.06 and a 11.5% return on assets.
