Marathon Oil Corporation which can be found using ticker (MRO) have now 24 confirmed 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 24 calculating the mean target price we have $33.49. Given that the stocks previous close was at $22.16 this now indicates there is a potential upside of 51.1%. There is a 50 day moving average of $25.57 and the 200 day moving average is $26.08. The market capitalization for the company is $14,419m. Find out more information at: https://www.marathonoil.com
The potential market cap would be $21,791m 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 1.82% with the ex dividend date set at 14-2-2023 (DMY).
Other points of data to note are a P/E ratio of 4.32, revenue per share of 11.06 and a 11.5% return on assets.
