Marathon Oil Corporation with ticker code (MRO) now have 24 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 48 and 27 with a mean TP of 34.07. Now with the previous closing price of 25.39 this is indicating there is a potential upside of 34.2%. The day 50 moving average is 26.59 and the 200 day MA is 26.57. The market capitalisation for the company is $15,987m. Company Website: https://www.marathonoil.com
The potential market cap would be $21,452m 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 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.
