Marathon Oil Corporation with ticker code (MRO) now have 23 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 48 and 28 calculating the mean target price we have 34.51. Given that the stocks previous close was at 26.07 this indicates there is a potential upside of 32.4%. The 50 day moving average now sits at 27.05 and the 200 day moving average is 26.64. The company has a market capitalisation of $16,956m. Visit the company website at: https://www.marathonoil.com
The potential market cap would be $22,445m based on the market concensus.
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 32 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. Marathon Oil Corporation was founded in 1887 and is headquartered in Houston, Texas.
